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10 Glen Avenue, Smiths Falls, ON K7A 1R9

7 beds · 4 baths · 3 kitchens · 16 rooms · 6 parking spaces · 2500-3000 sq ft · Triplex
$699,900
Property tax
$5,178 / year

This fully tenanted three-unit property offers excellent income potential in a central location close to the hospital, the Smiths Falls Memorial Community Centre and the shops, restaurants and other amenities of downtown Smiths Falls. Unit A is a two-bedroom, one-bathroom unit with basement access, laundry and storage. Unit B occupies the upper two floors and features four bedrooms, 1.5 bathrooms, ample storage, top-floor laundry and a private balcony. Unit C is a one-bedroom, one-bathroom unit with an enclosed porch and private entrance. The property also offers ample parking and two owned electric hot-water tanks. Immediate possession is possible if the buyer assumes the existing tenants. 24-hour irrevocable period is required on all offers. Minimum 24 hours notice for all showings.

MLS number
X13770136
Type
Triplex
Status
Active
Bedrooms
7
Bathrooms
4
Postal code
K7A 1R9
Photos
12
2days · 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
Elementary387 m5.8 / 10
58% met the standard
St. James Catholic Education Centre High School
CDSB of Eastern Ontario
Secondary455 mNot reported
Duncan J Schoular Public School
Upper Canada DSB
Elementary1.0 km4.7 / 10
47% met the standard
St. Luke Catholic High School
CDSB of Eastern Ontario
Secondary1.9 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
Elementary2.0 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.

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.

$139,980 · minimum here is $44,990
$3,099.01per month
Borrowed before insurance$559,920
Total borrowed$559,920
Interest over 25 years at 4.5%$369,782

If you rented it out

-$3,530.51per month out of pocket
Rent$0.00
Everything it costs to hold$3,530.51
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 REMAX BOARDWALK REALTY. Listing data provided by the Toronto Regional Real Estate Board.