9 KENT STREET, Smiths Falls

$499,900

For sale: Multiplex

Multiplex at 9 KENT STREET, Smiths Falls
Property type
Duplex
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13696990
Neighbourhood
901 - Smiths Falls

This is about as close to "brand new" as an existing property gets. Over the past 4-5 years, 9 Kent St has been rebuilt from the brick out - new framing, spray foam insulation, electrical, plumbing, HVAC, windows, doors, roof, and both kitchens and bathrooms. What you're buying isn't a renovation project; it's the result of one, already done! The layout works as well as the finishes do. The main floor unit offers a comfortable 1-bedroom, 1-bath layout, while the second floor holds a bright 2-bedroom, 1-bath space - both units carrying the same clean, low-maintenance laminate flooring throughout. Whether you're looking to occupy one unit and offset your mortgage with the other, or run it as a full investment property, the separation and flow between units make either scenario easy to manage. Step outside and the good news continues. The backyard is genuinely set up for living, not just sitting empty, but a patio with a gazebo that gives both units a place to unwind, there's a storage shed for the overflow gear every household collects, and rear parking takes the guesswork out of where tenants or guests will leave their cars. For investors, this is a rare find: a fully updated, low-maintenance duplex with major systems already handled, meaning your first years of ownership can be about cash flow, not capital expenditures. For owner-occupants, it's a chance to live in one unit with rental income covering a meaningful chunk of your monthly costs.

Sold data

Multiplex homes in Smiths Falls — recent sold market

Multiplex homes in Smiths Falls took a median of 51 days to sell over the last 730 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 92, across 36 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.

The median sale price was $389,900.

Homes sold for about 6.1% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 39% of sellers reduced their price before finding a buyer.

Median days to sell
51
Median sale price
$389,900
Sale-to-list ratio
93.9%
Sold above asking
8%

Based on 36 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Smiths Falls

Smiths Falls has 6 Fraser Institute–rated schools (4 elementary and 2 secondary), averaging 3.3/10.

Rated schools
6
Elementary
4
Secondary
2
Average rating
3.3 / 10

Top-rated schools in Smiths Falls

  • Montague — elementaryFraser rating 5.9/10
  • Chimo — elementaryFraser rating 3.7/10
  • Smiths Falls — secondaryFraser rating 3.7/10
  • St Francis de Sales — elementaryFraser rating 2.9/10
  • Duncan J Schoular — elementaryFraser rating 2.6/10
  • St. Luke Catholic — secondaryFraser rating 0.9/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 9 KENT STREET