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7 JASPER AVENUE
901 - Smiths Falls Smiths Falls K7A 4B7

$379,900
Multi-family beds: 6 baths: 2.0

Main Photo: 7 JASPER AVENUE in Smiths Falls: Multi-family for sale : MLS®# X12783768
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
X12783768
Bedrooms:
6
Bathrooms:
2
Excellent opportunity for investors or owner-occupants alike! Fully tenanted side-by-side duplex located at 5-7 Jasper Avenue in Smiths Falls, set on a desirable street in a great location on an oversized lot. Featuring two separate driveways, this property offers added convenience and strong curb appeal. Ideal for those looking to expand their investment portfolio or live in one unit while generating income from the other to help offset your mortgage. 5 Jasper Avenue offers a 3-bedroom, 1-bathroom layout with an updated kitchen and bathroom, currently rented at $1,800/month. 7 Jasper Avenue is also a 3-bedroom, 1-bathroom home, currently rented at $899/month. Both tenants are on month-to-month leases and pay their own gas and hydro. Water is paid by the landlord. A solid income-producing property with excellent potential and flexibility in a growing community. Windows 2019, roof 2022, new bathroom 2021. Current cap rate of 6.04%. Potential cap rate 10.14%. NOI $22,929.72. Potential NOI $38,531.52 (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Living Area (Min):
1,500 sq. ft.
Living Area (Max):
2,000 sq. ft.
Zoning:
RM
Taxes:
$2,837 / 2025
Community:
901 - Smiths Falls
Exterior Features:
Brick
Structure Type:
Duplex
Utilities:
Sewer, Electricity, Cable
Appliances Included:
Washer, Oven, Dryer, Two Refrigerators
Bedrooms:
6
Bedrooms Above Grade:
6
Bathrooms:
2.0
Cooling:
None
Fireplace:
No
Foundation:
Unknown
Heating:
Forced air, Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Crawl space
Lot Frontage:
150'
Lot Details:
150 x 144.9 FT
Lot Features:
Irregular lot size, Sump Pump
Parking:
No Garage
Total Parking Spaces:
5
  • Photo 1: 7 JASPER AVENUE in Smiths Falls: Multi-family for sale : MLS®# X12783768
    Photo 1 of 1
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Listed by SUTTON GROUP - OTTAWA REALTY
Data was last updated February 12, 2026 at 07:15 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$495,000
Min list price:
$305,000
Max list price:
$559,900
Avg days on market:
28
Min days on market:
3
Max days on market:
831
Avg price per sq.ft.:
$282.86
These statistics are generated based on the current listing's property type and located in 901 - Smiths Falls. Average values are derived using median calculations. This data is not produced by the MLS® system.
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