188 Elaine Avenue, Smooth Rock Falls

$164,900
188 Elaine Avenue

$164,900

Price Change
52d
DetachedBungalow

188 Elaine Avenue, Smooth Rock Falls

Total Monthly Obligation $1,234

Beds
5
Baths
2
Park
6
Sqft
1100-1500
DOM
52d
Property Type-Detached
MLS® Number-T13730816
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-73 × 98 ft
Listed on site-Sep 1, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,324.82 (2026)
Parking-6 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Metal
Foundation-Unknown
Sewer-Sewer
Possession-Immediate
Neighbourhood-SRF
Title-Residential Freehold

No agent assigned

Versatile Investment Opportunity on a Corner Lot! This 5-bedroom, 2-bathroom home offers a flexible layout with 3 bedrooms and 1 bathroom on the main floor, plus 2 bedrooms, 1 bathroom, and a second kitchen in the lower level. Both the main level and basement level each have its own exterior entrance, with the interior connection between the two spaces separated by a pocket door, offering added flexibility and privacy. The setup provides an excellent opportunity for investors, multi-generational living, or buyers looking to generate rental income while occupying one level themselves. The lower level is partially finished, allowing the new owner to complete the space and customize it to their needs. Outside, the property offers generous parking and a large carport, providing convenient covered parking throughout the winter months. Located on a quiet street and desirable corner lot, this property offers plenty of space and flexibility for its next owner. A great opportunity to create a property that works for your lifestyle while adding income potential.

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Closing Costs

Mortgage Amount
$131,920
Land Transfer Taxes$1,374
Legal Fees (Est.)
$
Total cash required for closing$35,854

Total Monthly Obligation

$1,234/mo
Mortgage $665
Monthly Loss $1,059
Principal$175
Interest$490
Property Tax$194
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 188 Elaine Avenue

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