2 GORE Street East, Perth, Ontario, K7H1H5
This retail property in Perth is for sale offering roughly 13,035 sq ft of space.
CIRCA 1880 STONE RETAIL BUILDING IN THE HEART OF ALL THE ACTIVITIES IN HISTORIC CENTRAL DOWNTOWN PERTH, HIGH VISIBILITY & HIGH TRAFFIC LOCATION IN A HIGH TRAFFIC HERITAGE TOURIST TOWN. 2 BLOCKS TO THE TAY CANAL WHICH FLOWS INTO THE WORLD HERITAGE SITE RIDEAU CANAL,3 BLOCKS TO STEWART PARK THE WEDDING CAPITAL PARK OF ONTARIO WITH A MULTITUDE OF YEARLY FESTIVALS, TREMENDOUS UPSIDE POTENTIAL IN THE RENTAL INCOME WITH THE 2nd & 3rd FLRS BEING VACANT, CLOSE TO THE OLDEST GOLF COURSE IN CANADA-THE LINKS O TAY GOLF COURSE, 1 BLOCK TO THE BEST WESTERN HOTEL, VERY HIGH WALKSCORE BEING CLOSE TO ALL THE AMENITIES LIKE OTHER RETAIL STORES & RESTAURANTS & BANKS. PERTH ALSO HAS ONE OF THE BEST HOSPITALS IN ONTARIO LOCATED A FEW BLOCKS FROM THE DOWNTOWN. PERTH HAS BEEN VOTED THE PRETTIEST TOWN IN ONTARIO. 40% OF PERTH RESIDENTS ARE RETIRED & THESE RETIREES MAKE EXCELLENT TENANTS IN THE EVENT THE 2nd & 3rd FLRS WERE TURNED INTO APTS, OR TURN THE 2nd & 3rd FLRS INTO CONDOS TO CREATE REVENUE PRODUCING REAL ESTATE (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 727 days on market, against an average age of 88 days across the listings currently for sale in this city
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Approximate location — exact address confirmed upon showing
This home lists at $1,200,000, about 14.6× the local median household income of $82,000.
Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 186% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7H)
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