$449,000
FOR SALE

Duplex 2-Storey

Bedrooms: 4Bathrooms: 3Lot: 43.9 x 50 ft
2025 Taxes: $3,286

114 Main St E
Smiths Falls, ON K7A 1B2 | 901 - Smiths Falls | Lanark

Located in the heart of charming Smiths Falls, this exceptional duplex presents an incredible opportunity for investors, multi-generational living, or owner-occupants looking to offset their mortgage with rental income. Just steps from downtown shops, restaurants, parks, schools, and amenities, this centrally located property offers the perfect blend of convenience, flexibility, and long-term potential. The spacious front unit features an impressive two-storey layout with 3 large bedrooms and 1.5 bathrooms, offering the feel and function of a full family home. Bright, generous living spaces and a practical floor plan make this unit highly desirable for families or professional tenants alike. Following recent water damage, the front unit is undergoing a complete renovation beginning June 1st, giving the next owner the advantage of fresh, modern updates and increased rental value without the hassle of organizing the work themselves. Tucked privately at the rear of the property is a well-appointed two-storey 1-bedroom plus den unit, ideal for singles, couples, or a home office setup. The current tenants of this unit are moving out at the end of June, creating a fantastic opportunity to set your own rents, select new tenants, or occupy either unit yourself. Both units are fully self-contained and highly functional, each offering in-unit laundry, separate hydro meters, separate gas meters, and individual forced-air gas furnaces - a rare and valuable feature that keeps operating costs streamlined and tenant responsibilities clearly divided. Whether you're expanding your investment portfolio, entering the real estate market with income support, or searching for a versatile property in a growing community, this duplex checks all the boxes. Opportunities like this - with vacant possession potential, major renovations underway, and unbeatable walkability - are hard to find in today's market.
Extras
Carpet Free
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Listed By CENTURY 21 SYNERGY REALTY INC
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13137446
Last Updated May 15, 2026
Property Summary
Property Type Duplex

More like this:
PIN 052710071
Legal Description PT LT 45 W/S WINNIFRED ST PL 13884 LANARK S MONTAGUE; PT LT 46 W/S WINNIFRED ST PL 13884 LANARK S MONTAGUE; PT LT 124 N/S MAIN ST PL 13884 LANARK S MONTAGUE AS IN RS190128 ; TOWN OF SMITHS FALLS
Possession Date Immediate
Taxes (2025) $3,286
Directions/Cross Streets Main Street East & Winnifred Street North
Neighbourhood 901 - Smiths Falls
Area Lanark
Price History

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Detailed Information
Fronting On North
Special Designations Unknown
Bedrooms 4
Bathrooms 3
Lot 43.9 x 50 ft
Exterior Vinyl Siding
Air Conditioning None
Basement Unfinished, Partial Basement
Garage Type None
Parking Spaces 2
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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