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:2493)
Data was last updated March 23, 2026 at 11:15 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$479,000
Min list price:
$305,000
Max list price:
$559,900
Avg days on market:
67
Min days on market:
0
Max days on market:
870
Avg price per sq.ft.:
$273.71
These statistics are generated based on the current listing's property type
and located in
901 - Smiths Falls. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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