163 Ferrara Drive, Smiths Falls

$399,990
163 Ferrara Drive

$399,990

New
15d
Att/Row/TownhouseOther

163 Ferrara Drive, Smiths Falls

Total Monthly Obligation $2,372

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
15d
Score
24
Yield
6.9%
Cash on Cash
2.7%
Cap Rate
5.2%
5Y IRR
17.7%
10Y IRR
16.4%
Property Type-Att/Row/Townhouse
MLS® Number-X13874944
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-29.33 × 98.43 ft
Listed on site-Oct 8, 2026
Style-Other
Building Type-Att/Row/Townhouse
Taxes-$4,608 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-901 - Smiths Falls
Title-Residential Freehold

No agent assigned

Welcome to 163 Ferrara Drive in Smiths Falls' growing Bellamy Farm community. Built in 2020, this ENERGY STAR certified Vendara model by Park View Homes is an end-unit townhome offering approximately 1,750 sq. ft., three bedrooms, 2.5 bathrooms and a distinctive five-level layout designed for buyers who value modern style, energy efficiency and well-defined living spaces. The entry level provides convenient interior access from the garage and a powder room. One level up, the bright open-concept kitchen, living and dining area is designed for everyday living and entertaining, with laminate flooring, modern trim, flat ceilings and access to a rear deck overlooking the fully fenced backyard. The kitchen combines style and function with an island, soft-close cabinetry, laminate countertops, a stainless steel sink and included stainless steel refrigerator, stove, microwave/hood fan and dishwasher. Two bedrooms and a full bathroom occupy the next level, while the private primary retreat enjoys a level of its own, complete with a walk-in closet, ensuite and conveniently located laundry with included washer and dryer. The finished lower-level rec room adds versatile space for movie nights, a home gym, play area or office. EV owners will appreciate the 200-amp electrical service, providing capacity for future charging needs. All equipment is owned, with no rental contracts. Additional details include modern spindles and railings, ceramic tile in the bathrooms and laundry area, a designer-curated finishing package, an asphalt driveway and a patio stone walkway. Close to the Cataraqui Trail, parks, schools, shopping and everyday amenities, with convenient access to major routes, this move-in-ready home offers comfort, flexibility and small-town living in one smart package.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$319,992
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,973

Total Monthly Obligation

$2,372/mo
Mortgage $1,613
Monthly Loss $1,948
Principal$425
Interest$1,189
Property Tax$384
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.5%53
10-Year IRR
12.7%
Returns Index
27.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$27,600/yr
NOI
$15,732/yr
Net Cash Flow
-$302/mo
Cash Margin
-13.1%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
34.1/ 100

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

Comparables

Properties near 163 Ferrara Drive

Time

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Data last updated within the past 24 hours.