For Sale: 2 Foster Avenue, Smiths Falls, ON - REW
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$365,000
3 bd 2 ba < 698 sf Multifamily

2 Foster AvenueSmiths Falls, ON, K7A 1K1

  • 3 Bed
  • 2 Bath
  • < 698 Sqft
  • Multifamily

About this home

Located in the heart of the growing community of Smiths Falls, this exceptional duplex presents an outstanding investment opportunity for both seasoned investors and owner-occupants alike. Perfectly positioned on a desirable corner lot, this well-maintained property offers two self-contained units, each with independent driveways, private living spaces, and in-unit laundry - features highly sought after by today's tenants. The property consists of a cozy and efficient 1-bedroom unit currently generating $1,275/month, alongside a spacious 2-bedroom unit bringing in $1,700/month, providing strong and reliable income potential from day one. Current tenants are an excellent asset to the property, offering immediate cash flow and added peace of mind for the next owner. The upper unit has seen many recent updates, while the property as a whole has benefited from numerous improvements and upgrades throughout the Seller's ownership, reflecting true pride of ownership and ongoing care. Spacious, bright interiors and functional layouts create comfortable living environments that continue to attract quality tenants. Outside, the corner lot offers excellent access, ample parking, and added curb appeal. The attached single-car garage provides even more versatility - ideal for additional rental income, secure owner storage, or a workshop space. Conveniently located close to schools, shopping, parks, restaurants, and everyday amenities, this is an opportunity to own a solid income-producing property in one of Eastern Ontario's growing communities. Whether you are looking to expand your investment portfolio, offset your mortgage by living in one unit while renting the other, or secure a turnkey duplex with dependable tenants already in place, this property checks all the boxes. (id:63626)
Listed by: Rob Garvin, Salesperson, RE/MAX AFFILIATES MARQUIS

Home facts and features

Price details
List Price
Gross Taxes for 2026
$3,716
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
4
Parking Details
Garage, Attached Garage
Property Type
Multifamily
Depth
70 feet
Frontage
58.0 feet
Exterior Finish
Stone, Vinyl siding
Heating Type
Baseboard heaters, Forced air, Electric, Natural gas
Basement Details
Unfinished,
Agent details
Primary Agent
Rob Garvin
Primary Broker
RE/MAX AFFILIATES MARQUIS
Listing details
Days on REW
29 Days
Property Views
14
MLS® Number
X13100730
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Francis de Sales School
  • Catholic
  • 4 - 8
Duncan J Schoular Public School
  • Public
  • JK - 8
St James the Greater School
  • Catholic
  • JK - 3
St. Luke Catholic School
  • Catholic
  • 7 - 12
Chimo Elementary School
  • Public
  • JK - 8
Smiths Falls District Collegiate Institute
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info

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      Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-06.