2 Foster Avenue

FOR SALE
$365,000
2 Foster Avenue, Smiths Falls
2 Foster Avenue
2 Foster Avenue
2 Foster Avenue
2 Foster Avenue
2 Foster Avenue
2 Foster Avenue
2 Foster Avenue
2 Foster Avenue
2 Foster Avenue
Browsing Limit Reached
Please Register for Unlimited Access
3
BEDROOMS
2
BATHROOMS
2
KITCHENS
0
ROOMS
X13100730
MLSID
Contact Us
Property Description
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.
Property Features
Other, Other
Property Details
Address
2 Foster Avenue
Postal Code
K7A 1K1
Property Type
Duplex, Duplex
Zoning
R3
Lot Size
58' x 70'
Taxes
$3,716 (2025
Basement
Unfinished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
3
Garage Type
Attached
Listing contracted with Re/Max Affiliates Marquis
28 Mcewen Avenue, Smiths Falls
3
BEDS
2
BATHS
$359,900
FOR SALE
Perfect opportunity for owner-occupants or investors-this duplex offers both flexibility and strong income potential. Each unit features private laundry, galley kitchens, and high ceilings, creating bright and functional living spaces. Live in one unit while the other helps offset your mortgage, or generate income from both. Located within walking distance to the hospital, community centre and downtown. Plenty of off-street parking and a spacious yard complete the package.Both units have separate heat and hydro meters (owner pays water/sewer). The large attic offers potential for storage or future expansion. Build immediate equity here, while upper unit brings in $1,850/ month and lower unit $973/month. Sold-as-is.
38 Winnifred Street, Smiths Falls
3
BEDS
2
BATHS
$329,900
FOR SALE
Centrally located duplex offering excellent flexibility for investors or owner-occupiers.The upper unit is a well-maintained 1-bedroom plus den, currently rented at $650/month plus hydro (well under market rent). The layout provides an easy opportunity to convert the den into a second bedroom, creating additional future value.The main floor unit is a spacious 2-bedroom, recently rented for $1,750/month, and is now vacant and ready for new tenants or immediate occupancy.Situated within walking distance to shopping, restaurants, the library, theatre, Town Hall, and the new Town Square, this property offers convenience and strong rental appeal. A solid opportunity with noteworthy upside in a growing community. Landlord pays: water & gas, tenants pay Hydro) units have separate Hydro metres. each unit has their own laundry facilities.
164 Chambers Street, Smiths Falls
2
BEDS
2
BATHS
$325,000
FOR SALE
Welcome to this charming and beautifully maintained built in 1910 duplex nestled in the heart of Smiths Falls-where comfort, convenience, and character come together effortlessly. Perfectly located within walking distance to shops, restaurants, parks, and everyday amenities, this property offers an exceptional lifestyle for both homeowners and investors alike. Lovingly cared for and thoughtfully updated since 2021, this home features numerous upgrades that truly elevate its appeal. Enjoy relaxing mornings and peaceful evenings on the newly improved front and back porches, adding both charm and functionality to the outdoor space. Inside, you'll find tasteful kitchen and bathroom updates, fresh paint throughout, and select window replacements that enhance both style and efficiency.The duplex offers two well-laid-out one-bedroom units. The main floor unit is currently vacant, providing an excellent opportunity to set your own rent or move in and enjoy the space yourself. Upstairs, the second one-bedroom unit is tenanted, offering immediate and steady rental income.Step outside to discover a surprisingly spacious and inviting backyard oasis. Whether you're entertaining guests or simply unwinding, the beautifully designed pergola creates a warm and relaxing atmosphere. Two sheds provide ample storage, making the outdoor space as practical as it is enjoyable.This is more than just a property-it's a place where thoughtful upgrades meet timeless charm, all in a prime location. Whether you're looking to invest, live in one unit and rent the other, or expand your portfolio, this duplex is a rare and wonderful opportunity you won't want to miss. Taxes $2575 (2025) Furnace (2015) and Hot Water Tank (2023) are rentals. Hydro $1098 (all of 2025) Enbrigde $1190 (all of 2025) Enecare $1962 (all of 2025) Building Insurance $163.53 a month, Water $1165 (all of 2025) Roof 2018, Front and Back Porch 2023, some windows and renovations including kitchen and bathroom updates in 2021-2023
5 Robinson Avenue, Smiths Falls
2
BEDS
2
BATHS
$324,900
FOR SALE
DUPLEX- This turnkey 1900 sq. ft. duplex is generating strong income from day one, making it an excellent investment opportunity or an ideal owner-occupied property. The main-floor unit is a spacious 2-bedroom, 1-bath suite featuring a fenced private backyard and covered deck. All appliances are included (dishwasher not connected and sold as is). The upper unit offers a 2+1 bedroom, 1-bath layout with appliances included and access to an upper deck from one of the bedrooms. As of June 1st rents will be $1,735.70/month for Apt. 5 and $1,633.60/month for Apt 3, with tenants paying their own heat and hydro. Water and sewer are paid by the landlord. Hot water heaters are rentals at $18.58 + HST per unit, and both furnaces are rentals at $93.21 + HST per unit ($223.58 + HST monthly total, and furnaces are transferable). Annual water and sewer costs are approximately $1,400. Whether you're looking to invest, live in one unit while the rental income helps cover most of the mortgage, or add to your investment portfolio, this property is a smart and flexible way to enter-or expand within-the housing market. All pictures are prior to tenants moving in. Many updates have been done to both units; pictures are prior to tenants. 24 hours must be given to both tenants for all showings. Both tenants are month to month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
238180150