TURNKEY INCOME OPPORTUNITY Duplex with $3,200/MONTH in current rental income! Welcome to 110 Chambers Street, a well-established two-unit property offering strong cash flow, separate hydro and over $60,000 in significant recent improvements. The upper unit rents for $1,400/month, while the lower unit generates $1,800/month. Tenants pay their own separately metered hydro, with the owner covering gas and water. Major capital improvements provide added peace of mind, including a new shingled roof with added sheeting (2022 - $20,300), new upper-unit washing machine (2024 - $1,000), new flat roof (2025 - $3,600), extensively restructured and replaced decks ($37,400), and updated lower eaves troughing on the Market Street side ($1,250). Original windows have also been replaced with vinyl windows. The property features radiant heating supplied by a high-efficiency gas boiler. The upper unit has an electric stove and electric water heater, while the lower unit has an electric stove and gas water heater. Parking is another bonus, with 2 spaces for the upper unit, potentially 3 with tandem parking, plus 1 space for the lower unit. With established tenants, impressive recent improvements and immediate rental income already in place, this is a compelling opportunity to add a solid income-producing property to your investment portfolio. Basement bathroom is being sold "as is."
Address
110 Chambers Street
List Price
$579,999
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Smiths Falls
Sub-Area
901 - Smiths Falls
Region
Lanark
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
12
Bathrooms
2
Floor Area
2000-2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
40
Lot Size Units
Feet
Lot Width
66
Parcel Number
052710046
Occupant Type
Owner
Cross Street
Coming from Carleton Place, take highway 15 into Smiths Falls, Right onto Cornelia St E, Left onto Elmsley St N, Left onto Chambers St.
MLS® Number
X13827710
Listing Brokerage
EXP REALTY
Basement Area
Full, Unfinished
Postal Code
K7A 2Z1
Posession Details
ASAP
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$4,062.00
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Radiant
Cooling Features
Central Air
Construction Materials
Brick, Vinyl Siding
Direction Faces
North
Fireplace
No
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 116 N/S CHAMBERS ST PL 13884 LANARK S MONTAGUE AS IN RS122213 SUBJECT TO AN EASEMENT OVER PT 2 ON 27R4236 IN FAVOUR OF PT LT 116 N/S CHAMBERS ST PL 13884 LANARK S MONTAGUE DESCRIBED IN RS131096 AS IN RS131096 TOWN OF SMITHS FALLS
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | ||
| Main | Kitchen | ||
| Main | Bedroom | ||
| Main | Bathroom | 3 Pc Bath | |
| Main | Bedroom | ||
| Main | Laundry | ||
| Second | Living Room | ||
| Second | Kitchen | ||
| Second | Bedroom | ||
| Second | Bedroom | ||
| Second | Bathroom | 3 Pc Bath | |
| Second | Laundry | ||
| Basement | Other |