Investment opportunity in the heart of Perth! Well maintained duplex offering flexibility for investors or owner-occupants who prefer to live in one and rent the other. At the front, 3 bedrooms and updated 3-piece bathroom currently rented on a month-to-month lease for $1200/month, and at the back, a 1-bedroom apartment with updated 3-piece bathroom, also rented for $1200/month on a year-long lease. Each unit has been updated with nice finishes, hardwood and tile flooring, with the convenience of in-unit laundry. Additional features include two natural gas furnaces, 2 electric hot water tanks, 2 hydro meters, and 2 gas metres providing independent utilities and added convenience. Tenants pay heat and hydro; landlord pays water. Each unit also benefits from its own parking space. Ideally situated close to the Tay River, nearby walking path, and walking distance to downtown shops, restaurants, library, hospital, schools, parks, and college. An appealing opportunity to own a multi-residential property in the vibrant community of Perth with convenient access to local amenities and outdoor recreation. (id:28469)
Facts & features
Property
MLS® Number
X14113916
Property Type
Multi-family
Community Name
907 - Perth
Easement
Easement, Right Of Way
Features
Irregular Lot Size, Carpet Free
Parking Space Total
2
Structure
Porch, Shed
Building
Bathroom Total
2
Bedrooms Above Ground
4
Bedrooms Total
4
Amenities
Separate Electricity Meters
Appliances
Water Heater, Dryer, Two Stoves, Two Washers, Two Refrigerators
Basement Type
Full
Cooling Type
None
Exterior Finish
Vinyl Siding
Foundation Type
Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
2
Size Interior
1,500 - 2,000 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
71 Ft ,4 In
Size Frontage
32 Ft
Size Irregular
32 X 71.4 Ft ; Sides Are Different In Depth.
Size Total Text
32 X 71.4 Ft ; Sides Are Different In Depth.
Zoning Description
R3
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$2,125/mo
Ontario land transfer tax
$6,073 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.