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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Smiths Falls
  • 901 - Smiths Falls
  • 40 Pearl Street
40-pearl-street-smiths-falls-ontario-x12582648
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  • Sold Sold in Jan 2026
  • Condo Apt

205 - 40 Pearl Street

Smiths Falls, 901 - Smiths Falls
  • 2 Bedrooms
  • 1 Bathrooms
  • 0 Garage
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Sold Price: $ 300,000
4.73%
Listed Price: $ 314,900
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Key Facts About 205 - 40 Pearl Street, Smiths Falls

  • Tax $2,817 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $290
  • Size 700 - 799 feet²
  • Parking 0 garage, 1 parking
  • Listing # X12582648
  • Data Source PROPTX
  • Days on Market 63
  • Listed On 27/11/2025
  • Updated On 30/01/2026
  • Market Demand
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Description

Welcome to The Colonel By, where classic Georgian Brick architecture meets secure, elevated living. This delightful two-bedroom condominium is situated on the quiet, well-maintained second floor. The moment you enter the grand foyer, you will be impressed by the building's exceptional common areas, including a charming library, common room, and inviting gathering spaces. Inside your new home, a welcoming foyer with a convenient closet leads you into a bright, spacious living/dining area. The updated kitchen comes complete with three appliances

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Property Details of 205 - 40 Pearl Street, Smiths Falls

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community 901 - Smiths Falls
  • Municipality Smiths Falls

Inside

  • Bedrooms 2
  • Bathrooms 1
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Electric

Building

  • Size 700 - 799 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick
  • Amenities Elevator, Exercise Room, Party Room/Meeting Room, Visitor Pa...View More

Parking

  • Drive Way Reserved/Assigned
  • Garage 0
  • Parking Places 1
  • Total Parking Places 1

Land

  • Zoning Residential
  • Cross Street Percy and Pearl

Features

  • Library Y

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Our Estimate

Estimated Rent

$ 2,135

Rental Yield

7.99%

School Score

5.7/10

Rental Score

5/5

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Rooms

Kitchen (3.23X2.44 metre)
Level: Main
Bedroom 2 (2.74X3.66 metre)
Level: Main
Primary Bedroom (3.23X3.96 metre)
Level: Main
Bathroom (2.29X2.28 metre)
Level: Main
Living Room (3.29X5.79 metre)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$859

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $290
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 205 - 40 Pearl Street, Smiths Falls

Welcome to the stunning apartment for sale in Smiths Falls , located at 40 Pearl Street, Smiths Falls. This delightful two-bedroom condominium, nestled within the charming community of 901 - Smiths Falls, offers a perfect blend of classic Georgian Brick architecture and modern living. Situated on the peaceful second floor, this property is an ideal choice for those seeking a secure and elevated lifestyle.

As you step into the grand foyer of The Colonel By, you’ll immediately appreciate the exceptional common areas that this building boasts. With inviting gathering spaces, a lovely library, and a well-appointed common room, it’s clear that community spirit thrives here. This apartment for sale in Smiths Falls is not just a home; it’s a gateway to a vibrant community atmosphere.

Inside your new residence at 40 Pearl Street, Smiths Falls, you are welcomed by a bright and spacious living and dining area, perfect for entertaining or simply relaxing after a long day. The thoughtful layout features a convenient foyer with a closet, ensuring that you have ample space for your belongings. The updated kitchen, located on the main level, comes equipped with three essential appliances, making meal preparation a breeze. Additionally, there is a cleverly designed area for storage or in-suite laundry, adding to the functionality of this apartment.

This property features two well-sized bedrooms, providing plenty of space for rest and relaxation. The principal bedroom is particularly generous, boasting a highly sought-after walk-in closet that offers an abundance of storage. While there is no den in this apartment for sale in Smiths Falls, the layout is versatile enough to accommodate your lifestyle needs. The single bathroom is well-appointed, ensuring that your daily routines are both comfortable and convenient.

One of the standout features of this apartment for sale in Smiths Falls is the central air conditioning, which guarantees a cool and pleasant environment during the warmer months. Although there is no fireplace to add to the ambience, the warmth of the community and the inviting nature of the building more than compensate for it. The absence of a pool may be a consideration for some, but the well-maintained common areas provide ample opportunity for socialising and enjoying the company of neighbours.

As for practical amenities, this apartment is unfurnished, allowing you the freedom to personalise your living space to reflect your style. There is no central vacuum system, but the apartment is designed to be low-maintenance, making it easy to keep clean. With one designated parking space, you won’t have to worry about finding a spot after a long day.

Situated in the picturesque area of Lanark, this apartment for sale in Smiths Falls offers not just a home but a lifestyle. The community surrounding 40 Pearl Street, Smiths Falls, is rich with local amenities, parks, and recreational opportunities, making it an ideal place for families, professionals, or retirees alike.

In summary, this two-bedroom condominium at 40 Pearl Street, Smiths Falls, is a fantastic opportunity for anyone looking to settle in a secure and welcoming environment. With its attractive features, including a bright living space, updated kitchen, and a vibrant community atmosphere, this apartment for sale in Smiths Falls is ready to become your comfortable home for years to come. Don’t miss out on the chance to make this delightful property your own!

901 - Smiths Falls is a charming and picturesque area nestled within the town of Smiths Falls, Ontario. Known for its rich history and vibrant local culture, this community boasts a delightful blend of scenic landscapes and modern amenities. Residents can enjoy the serene beauty of the Rideau Canal, which runs nearby, offering opportunities for leisurely strolls, cycling, and boating. The area is characterised by its friendly atmosphere, where neighbours often gather at local parks and community events. With a variety of shops, cafes, and recreational facilities, 901 - Smiths Falls provides a welcoming environment for families and individuals alike, making it an ideal place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Chimo Elementary School, just 0.2 km away, offering French language instruction for grades JK to 8, with a commendable school rating of 3.2. Following closely is Smiths Falls District Collegiate Institute, located 0.4 km from the property, providing secondary education (grades 9 to 12) with a strong rating of 3.9. For younger children, Duncan J. Schoular Public School is situated 1.9 km away, serving grades JK to 8 in English, although it has a lower rating of 0.6. Additionally, St. Francis de Sales Catholic School, 0.7 km from the property, offers a French curriculum for grades JK to 6 and boasts an impressive rating of 4.7. All schools are part of reputable school boards, including the Upper Canada District School Board and the Catholic District School Board of Eastern Ontario. This diverse selection of schools provides families with various educational options, ensuring that children have access to quality education within a short distance from home.

FAQs About 205 - 40 Pearl Street, Smiths Falls

How many bathrooms does this property have?

This property features 1 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Smiths Falls is 700 - 799.

How many parking spaces are available with this property?

40 Pearl Street boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 40 Pearl Street?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $290.00.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 205 - 40 Pearl Street, Smiths Falls

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Listing History

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