$509,900
5.47 BTC
Photos
3-5 Mary Street, Smiths Falls
$509,900
PRICE
7
BEDROOMS
4
BATHROOMS
X13874990
MLSID

3-5 Mary Street, Smiths Falls

INVESTOR OPPORTUNITY! Income-producing two-unit property offering strong current rental income, substantial recent capital investment and future value-add potential. The two fully renovated units generate $4,375/month in current gross rent, or $52,500 annually, with 0% current vacancy/credit loss and a history of rents being paid on time or early. Improvements and repairs over the past 3-4 years, including fully renovated units, new appliances, replacement windows, newer furnaces, plumbing improvements, basement sump pumps and additional updates.The 4-bedroom, 1.5-bath unit at 3 Mary features a fenced backyard, parking, unfinished basement and furnace installed in 2024. The 3-bedroom, 1.5-bath unit at 5 Mary offers a large fenced backyard, generous driveway parking, unfinished basement and furnace installed in 2024. Tenants pay gas and hydro directly, while lawn/yard maintenance and snow removal are tenant responsibilities.The property offers approximately $52,500 in current annual gross rental income and a 10.50% gross rental yield based on the 2024 appraised value of $500,000. Potential future upside may include rental optimization, additional property improvements and investigation of severance/land-use potential, subject to municipal approvals and due diligence.An excellent opportunity for investors seeking an established income-producing property with significant recent improvements and potential for further value creation.
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Summary

Address
3-5 Mary Street
MLSID
X13874990
Property Type
Duplex
Property Category
Bedrooms
7
Bathrooms
4
Kitchens
2
Zoning
R3
Taxes (Annual)
$3,919.00
Tax Year
2026
Published
October 8, 2026
Days on Market
20 Days
Possession Type
Other
Possession Details
Tenanted
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Inclusions

2 Refrigerators , 2 Stoves , 2 Washers , 2 Dryers ,

Details

Bathroom 1
3-Piece Second Level
Bathroom 2
3-Piece Second Level
Bathroom 3
2-Piece Second Level
Bathroom 4
2-Piece Second Level
Basement
Unfinished
Interior Features
Storage
Parking Spaces
4
Parking Total
6
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Metal/Steel Siding
Lot Size
9,031 SquareFeet
Lot Width
66 Feet
Lot Depth
132 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls3678 Highway 43 W Road, Smiths Falls
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19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls19 Churchill Crescent, Smiths Falls
$210,000
2.25 BTC
19 Churchill Crescent, Smiths Falls
3
BEDS
1
BATHS
$210,000
PRICE
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287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls287 Wood Avenue, Smiths Falls
$599,900
6.44 BTC
287 Wood Avenue, Smiths Falls
2
BEDS
2
BATHS
$599,900
PRICE
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5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls5 Merrick Street, Smiths Falls
$419,900
4.51 BTC
5 Merrick Street, Smiths Falls
2
BEDS
1
BATHS
$419,900
PRICE
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191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls191 Harold Street, Smiths Falls
$624,900
6.71 BTC
191 Harold Street, Smiths Falls
2 + 1
BEDS
3
BATHS
$624,900
PRICE
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4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls4 Davidson Street, Smiths Falls
$372,000
3.99 BTC
4 Davidson Street, Smiths Falls
2
BEDS
1
BATHS
$372,000
PRICE
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418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls418 Nicole Street, Smiths Falls
$95,000
1.02 BTC
418 Nicole Street, Smiths Falls
2
BEDS
1
BATHS
$95,000
PRICE
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202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls
$49,000
0.53 BTC
202 Jack Street, Smiths Falls
2
BEDS
1
BATHS
$49,000
PRICE
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