41 Main Street, Smiths Falls, ON

$389,900
MLS#:X13430150
5 beds
4 baths
2500-3000 sqft
1.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $389,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 31.39 x 60.91 ft lot
  • Features a ["crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater Owned, Separate Hydro Meter
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

Located in a prime area of Smiths Falls, this partially VACANT triplex is within walking distance of shopping, restaurants, parks, schools, and other everyday amenities. The property features two occupied units generating immediate rental income, including a 1-bedroom + den, 1.5-bathroom unit rented at $995.17/month and a spacious two-story 1-bedroom, 1-bathroom unit rented at $1,300/month. The third unit is a VACANT upper-level 1-bedroom with a loft and 1 bathroom, offering an excellent opportunity for owner-occupation or the ability to secure a new tenant at current market rent. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this well located triplex offers flexibility and strong potential.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
3
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/11/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionVinyl Siding
Lot Size31.39 × 60.91 Feet
CountyLanark
Annual Tax$3,490.6
Legal DescriptionPT LT 181 S/S MAIN ST PL 13884 LANARK S SOUTH ELMSLEY PT 1, 27R2138 TOWN OF SMITHS FALLS

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Community Features

Location

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41 Main Street, Smiths Falls, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 41 Main Street E, Smiths Falls, ON K7A 1A3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$311,920
Monthly Mortgage$1,812
Property Tax (Est.)$291
Utilities & Maint.$350
Total Monthly Cost$2,453

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Smiths Falls.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 901 Smiths Falls, Smiths Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Duncan J Schoular
Public41 McGill Street South, Smiths Falls, Ontario, K7A 3M9
2.6
Chimo
Public11 Ross Street, Smiths Falls, Ontario, K7A 4V7
3.7
St Francis de Sales
Public4 Ross Street, Smiths Falls, Ontario, K7A 4L5
2.9

Secondary Schools

St. Luke Catholic
Catholic5 Catherine Street, Smiths Falls, Ontario, K7A 3Z9
0.9
Smiths Falls
Public10 Ontario Street, Smiths Falls, Ontario, K7A 4P9
3.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.