About this property

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

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12783768
Status	Sold
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	1,500 sq ft
Beds / Baths	6 bed · 2 bath
City	Smiths Falls
Postal Code	K7A 4B7
Province	ON
Listed Date	February 28, 2026
Brokerage	SUTTON GROUP - OTTAWA REALTY