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$995,000

Perth ON, K7H 2J8

MLS® # X12273868

Property Information:

The moment you walk through the grand entrance of this well-preserved gem-you will fall in love - some apartments with their own unique fireplace, some even two! This fully tenanted 7 unit multi-residential investment property is located across from the Perth hospital on the nicest street in Perth! This enchanting Victorian home is a rare blend of timeless elegance and modern comfort. From the moment you step inside, you're welcomed by the rich character of yesteryear soaring ceilings, intricate grand mouldings, and original gleaming hardwood floors that have been lovingly maintained. Each room tells a story, with unique fireplaces that serve as both beautiful focal points and cozy gathering spaces. While the home retains all the charm of its era stained glass accents, ornate woodwork, and graceful architectural details it has been thoughtfully updated with modern wiring and essential amenities. Pride of ownership is evident throughout this well-maintained 7-unit investment property. Tenants enjoy ample storage, including a detached coach house garage with a spacious loft and a clean, dry basement equipped with shared laundry. Significant upgrades completed in 2019/2020 include all-new hydro meters, updated breaker panels, and a full electrical rewire ensuring safety, efficiency, and long-term value. This is a turnkey opportunity with solid infrastructure and lasting appeal. Main Floor: 1-2bedroom; 2-1bedroom. Second Floor: Bachelor; 2-1bedroom. Third Floor 1-2bedroom (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 5000 sqft
  • Heating Type: Radiant heat
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Recreation
  • Floor Space (approx): 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 75.0 Feet
  • Lot Size: 75 x 150 FT
  • Zoning: R4
  • No. of Parking Spaces: 8

Courtesy of: RE/MAX FRONTLINE REALTY

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 38 DRUMMOND STREET W, Perth, Ontario, K7H 2J8

Demographic Information of 38 DRUMMOND STREET W, Perth, Ontario, K7H 2J8

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,748.80

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.27 %

High school certificate or equivalent

28.66 %

Apprenticeship trade certificate/diploma

7.39 %

College/non-university certificate

30.83 %

University certificate (below bachelor)

0.73 %

University Degree

15.12 %

Commuter

Travel To Work

By Car

74.9 %

By Public Transit

0.0 %

By Walking

21.79 %

By Bicycle

1.02 %

By Other Methods

2.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

36.36 %

Houses

63.64 %

Own Vs. Rent