40 Pearl St

This low-rise apartment condominium at 40 Pearl Street in Smiths Falls was built approximately 30–50 years ago and comprises three storeys. The building houses residential units averaging around 860 square feet, with recent sales averaging approximately $301,600. Monthly condo fees average roughly $284, or $0.35 per square foot, and include water and building insurance. The property features an elevator, exercise room, party room, and visitor parking. Pets are permitted with restrictions. Located in central Smiths Falls, the building is managed by 20/20 Property Management Limited. As with any condominium purchase, obtaining and having a lawyer review the status certificate, reserve fund study, financial statements, board minutes, and by-laws is essential to understand the building's financial health and governance.