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137 Beckwith Street N Smiths Falls, Ontario K7A 2C7

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5 Bedroom 2 Bathroom 1500 - 2000 sqft
None Forced Air

$329,900

Welcome to 137 Beckwith St North, a well-located up/down duplex offering strong income potential and flexibility for both investors and owner-occupants. Situated on a desirable street in a growing community, this property is an ideal addition to any portfolio or a smart way to offset your mortgage by living in one unit while renting the other. The upper unit features a spacious 3-bedroom, 1-bathroom layout and is currently tenanted by long-term occupants paying $1,194.76/month. The lower unit offers a bright 2-bedroom, 1-bathroom layout that will be vacant April 30, 2026, providing the opportunity to set your own rent (previously rented at $1,600/month). This property is well-configured for investment, with separate hydro meters and furnaces, allowing each unit to pay their own gas and hydro. Water is paid by the landlord. Additional highlights include two parking spaces and key updates: windows (2023), roof (2017), electrical (2016), and plumbing (2019), downstairs bathroom update (2025), downstairs flooring (2025). With a current cap rate of 7.12% and NOI of $23,928.23, this is a solid, income-producing asset with excellent upside potential. (Based on market rents, there is also the opportunity to achieve a potential cap rate of 9.46% if the upper unit is rented at $1,850/month.) (id:59142)

Property Details

MLS® Number X12907706
Property Type Multi-family
Community Name 901 - Smiths Falls
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Above Ground 5
Bedrooms Total 5
Age 51 To 99 Years
Basement Type Crawl Space
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1500 - 2000 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Frontage 45 Ft ,3 In
Size Irregular 45.3 Ft
Size Total Text 45.3 Ft
Zoning Description R2

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29501300/137-beckwith-street-n-smiths-falls-901-smiths-falls

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