




This multi-family in Perth offers a 1.69 ac lot. The property has lot dimensions of 1.69. The home features other heating, partially air conditioned.
On the banks of the Tay River, in the charming Town of Perth you will find this incredible multi-family investment opportunity. To say they dont make them like this anymore would be an understatement. Built in 1964 with brick and concrete block construction, this 23 unit low rise apartment building is as solid as they come. This desirable location is on 1.6 waterfront acres in the heart of Perth where shopping, groceries, restaurants and golf are all within walking distance. The building has been well maintained with recent upgrades including windows, generator, roof maintenance and electrical and fire retrofits. The building is made up of 22 2-bedroom apartments and one bachelor, boasting a healthy NOI of $217,968 despite the fact that most units have longer term tenants paying well below market rates. The oversized lot has plenty of green space where residents can enjoy the riverfront views and two ample parking lots with plenty of room for future expansion. (id:60351)
Generator, Snowblower, Lawnmower, Sea Containers (2)
| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Sep 18, 2025 | Listed For Sale | X12413292 | $4,500,000 | — |
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Listed by Sean Downey, ROYAL LEPAGE TEAM REALTY
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Listing represented by Sean Downey, ROYAL LEPAGE TEAM REALTY · MLS# X12413292
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.