287 Wood Avenue, Smiths Falls

$599,900
287 Wood Avenue

$599,900

New
4d
DetachedBungalow

287 Wood Avenue, Smiths Falls

Total Monthly Obligation $3,246

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
4d
Score
20
Yield
5.4%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-X14094870
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55.56 × 187.58 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$5,409 (2025)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Living Room
Pool-None
Facing-North
Exterior-Stone, Other
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-901 - Smiths Falls
Title-Residential Freehold

No agent assigned

Welcome to 287 Wood Avenue in Maple Ridge Estates, a sought-after family-friendly community in the heart of Smiths Falls! This beautifully designed ,newer bungalow offers approximately 1,483 sq ft of thoughtfully designed living space, featuring 2 bedrooms, 2 bathrooms, and an attached double-car garage. Step inside to discover a bright, inviting interior with beautiful hardwood floors and an open-concept layout designed for comfortable everyday living and entertaining. At the heart of the home is a spacious kitchen featuring quartz countertops, a large centre island, ample cabinetry, and a generous walk-in pantry for additional storage. The adjoining living room is warm and welcoming with a cozy natural gas fireplace, while the dining area offers direct access to the sundeck overlooking the backyard, perfect for enjoying your morning coffee or summer evenings outdoors. The spacious primary bedroom offers a walk-in closet and a beautiful 4-piece ensuite complete with dual sinks and a glass-enclosed shower. A second bedroom and full main bathroom provide additional space for guests, family, or a home office. Ideally situated within walking distance to shopping, restaurants, and everyday amenities; this home offers the perfect combination of modern comfort, low-maintenance living, and small-town convenience. Enjoy everything Smiths Falls has to offer, right at your doorstep!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,246/mo
Mortgage $2,420
Monthly Loss $2,609
Principal$637
Interest$1,783
Property Tax$451
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.7%33
10-Year IRR
10.4%
Returns Index
17.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,400/yr
NOI
$19,251/yr
Net Cash Flow
-$816/mo
Cash Margin
-30.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 287 Wood Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.