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$1,050,000
Tay Valley
981 Christie Lake Road, Tay Valley, Ontario, K7H3C6
This multi-family property in Tay Valley is for sale offering roughly 10,000 sq ft of space. It has been on the market 8 days, fresher than the Tay Valley average of 88 days.
The subject property consists of two freestanding multi-residential buildings totaling 10 units. All ten units are 2-bedroom units, with six units in the building known civically as 981 Christie Lake Road and four units located in the building with the civic address of 995 Christie Lake Road. The units are individually metered for hydro. The two units located in the basement of 981 Christie Lake Road are walk-out at the rear, with the upper-level units of the building accessed from the interior hallway as well as a rear balcony. Ideally situated in the Perth area, this multi-residential investment property offers convenient access to a variety of local amenities, including shopping, restaurants, schools, parks, and recreational facilities. Residents can enjoy the charm of historic downtown Perth, with its unique shops, cafés, and dining options, while benefiting from the area's natural surroundings and outdoor recreational opportunities. Nearby trails, waterfront areas, and community facilities provide additional opportunities for an active and enjoyable lifestyle. (id:66096)
Active: 8 days on market, against an average age of 88 days across the listings currently for sale in this city
This multi-family in Tay Valley has been listed for 8 days, which is 80 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 $1,050,000, about 12.8× the local median household income of $82,000.
Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 150% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7H)
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Loading rates, 30-yr amortization
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