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$1,795,000
Perth
25 Harvey Street, Perth, Ontario, K7H1W5
This multi-family property in Perth is for sale offering roughly 7,078 sq ft of space. It has been on the market 14 days, fresher than the Perth average of 88 days.
Investment opportunity in the heart of beautiful downtown Perth! This distinctive and well-maintained residential 6-plex backs onto the scenic Tay Basin, offering a sought-after combination of heritage charm and downtown convenience. The property features a desirable unit mix of five 2-bedroom units and one 3-bedroom unit, each equipped with its own in-unit laundry and parking spot for added tenant convenience. Tenants pay their own heat and hydro; owner pays water. Located in one of Eastern Ontario's most picturesque and vibrant communities, residents can enjoy easy access to downtown shops, restaurants, cafés, parks and local amenities. A rare opportunity to own a multi-residential property in Perth's celebrated downtown core, combining an attractive location, practical in-suite amenities and the potential for long-term rental income and portfolio growth. An exceptional opportunity for investors seeking a distinctive property in a desirable downtown setting. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 days on market, against an average age of 88 days across the listings currently for sale in this city
This multi-family in Perth has been listed for 14 days, which is 74 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 $1,795,000, about 21.9× the local median household income of $82,000.
Carrying it typically needs a household income of about $350,626 (20% down, 25-yr amortization, stress-tested) — roughly 328% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7H)
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Loading rates, 30-yr amortization
Cash Needed to Close
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