Skip to content
Renanza Realty
For sale

71 RUSSELL STREET E

Smiths Falls, Ontario

MLS® X13006544

$425,000

Status
Active
Property type
Multi-family
MLS® number
X13006544
Bedrooms
4
Bathrooms
2
Year built

Listing description

71 Russell Street East offers a flexible opportunity for investors and owner-occupants alike. Whether you're looking to add to your portfolio, purchase your first income property, or explore the possibility of living in one unit while benefiting from rental income from the other, this duplex offers both flexibility and future potential. The property features two 2-bedroom, 1-bath units with existing tenants already in place, making it well suited to continued investment use while also presenting future owner-occupancy possibilities.

Buyers entering the market may appreciate the opportunity to combine homeownership with income generation in one property. Recent updates provide added peace of mind, including a new roof completed in 2019 with 40-year shingles, along with two gas furnaces updated in 2017 and 2024. The property also offers ample tenant storage space and parking for three vehicles.

Conveniently located close to schools, shopping, and everyday amenities, 71 Russell Street East presents an opportunity to step into the market with flexibility already built in, whether your goals are investment, homeownership, or a combination of both.

Property summary

MLS® number
X13006544
Property type
Multi-family
Building type
Duplex
Land size
61.5 x 121.9 FT
Annual property taxes
$3,531.00
Parking
3 spaces · No Garage
Days on market
132 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Unfinished, N/A
Appliances
Refrigerator, Stove
Exterior features
Brick

What would this home cost you?

Based on the $425,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,977 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of SUTTON ESSENTIAL REALTY, BROCKVILLE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.