



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$479,900
Perth
20 Sherbrooke Street East, Perth, Ontario, K7H1A2
This multi-family property in Perth is for sale offering roughly 1,750 sq ft of space. It has been on the market 11 days, fresher than the Perth average of 88 days.
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:66096)
Features and services as supplied by the listing brokerage.
Active: 11 days on market, against an average age of 88 days across the listings currently for sale in this city
This 4-bed multi-family in Perth has been listed for 11 days, which is 77 days fresher than the city average of 88. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $479,900, about 5.9× the local median household income of $82,000.
Carrying it typically needs a household income of about $93,741 (20% down, 25-yr amortization, stress-tested) — roughly 14% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7H)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice