Homula Realty Brokerage
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42 CHURCH Street W, Smiths Falls, ON K7A 1P7

11 beds · 4 baths · 4 kitchens · 6 parking spaces · 3500-5000 sq ft · Fourplex
$799,000
Property tax
$4,639 / year

Welcome to this beautiful Victorian brick 4-plex, ideally situated in one of Smiths Falls' most prestigious and historically rich neighborhoods where the upper management of the railroad formerly lived. This quiet, residential area offers charm and tranquility, while being just two blocks from the main business district and all amenities in the revitalized downtown core. The property is also conveniently located near the UNESCO World Heritage Site Rideau Canal, offering access to scenic walking trails and outdoor recreation. It features: Fully tenanted building with strong rental demand, Four separate hydro meters, New forced-air gas furnace. Located in an area benefiting from major community upgrades, including: New water treatment plant, New community center, New high school, Expansion of the existing hospital. This is an excellent rental market, with the majority of Canopy Tweed employees wanting to live in Smiths Falls close to their workplace, in an area of beautiful homes which will attract good tenants because of the upscale atmosphere. Three 3-bed units & one 2 bed unit, cash cow. This property's upscale surroundings and historic charm make it especially attractive to reliable tenants. Contact Brad Closs for more information or to arrange a viewing. RENTS; (1) $1,550 (2) $1,695 (3) $1,625 (4) $2,050

MLS number
X13000088
Type
Fourplex
Status
Active
Bedrooms
11
Bathrooms
4
Postal code
K7A 1P7
Photos
37
Laundry
Not in the unit
152days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Francis de Sales Separate School
CDSB of Eastern Ontario
Elementary169 m5.8 / 10
58% met the standard
St. James Catholic Education Centre High School
CDSB of Eastern Ontario
Secondary218 mNot reported
Duncan J Schoular Public School
Upper Canada DSB
Elementary756 m4.7 / 10
47% met the standard
St. Luke Catholic High School
CDSB of Eastern Ontario
Secondary1.8 km1.9 / 10
19% met the standard · 1 of 6 measures
St. Luke Catholic School
CDSB of Eastern Ontario
Elementary1.9 kmNot reported
Chimo Elementary School
Upper Canada DSB
Elementary1.9 km7.6 / 10
76% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 551 people.

$62,400Median household income
34%Own their home
39.2%Detached houses
38Median age
4.1%Born outside Canada
8.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35090191 — the few blocks around this address, home to 551 people. It describes the area, not this property.

551Population
39.4Average age
2.2Household size
$72,000Average household income
$62,400Median household income
34%Own their home
66%Rent
0%Condominiums
4%Born outside Canada
8%University degree
$325,000Average home value
18%Low income
85%Not in the labour force
33%Never married
$15,000 to $19,9993%
$20,000 to $24,9993%
$30,000 to $34,9996%
$35,000 to $39,9996%
$40,000 to $44,9996%
$45,000 to $49,9993%
$50,000 to $59,9998%
$60,000 to $69,99910%
$70,000 to $79,9995%
$80,000 to $89,9992%
$90,000 to $99,9993%
$100,000 and over21%
$100,000 to $124,99913%
$125,000 to $149,9993%
$150,000 to $199,9995%
$200,000 and over2%

Percentages are of the 310 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$159,800 · minimum here is $54,900
$3,537.80per month
Borrowed before insurance$639,200
Total borrowed$639,200
Interest over 25 years at 4.5%$422,140

If you rented it out

-$3,924.38per month out of pocket
Rent$0.00
Everything it costs to hold$3,924.38
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX HALLMARK REALTY GROUP. Listing data provided by the Toronto Regional Real Estate Board.