585 Perth Street

$1,099,000

For Sale

MLS # X12010828

Property Type

Residential Freehold

Bedrooms

8

Bathrooms

4

Square Footage

3500-5000

Building Age

New years

Time on Market

145 Days

Description

Welcome to 585 Perth Street, an exceptional opportunity for homebuyers seeking additional income or savvy investors adding to their portfolio. This fourplex consists of 2 brand-new units (2024 addition, rent increases not be bound by LTB rules!) and 2 renovated units (2019), and is rented all at market value. Featuring 4 spacious 2-bedroom units, modern finishes, and abundant natural light, this property promises a steady income with an incredible 7% CAP rate! Conveniently located near Algonquin College and other amenities, it's an ideal house hacking strategy or an addition to any investment portfolio. Don't miss out on this excellent turn-key opportunity!

Property Summary

Building Type

Multiplex

Land Size

67 x 113 feet

Storeys

2-Storey

Property Tax - 2024

$4800

Address

585 Perth Street

City

Pembroke

Postal Code

K8A 6B9

Province

Ontario

Community Name

530 - Pembroke

Country

Canada

Details

Building Overview

Bedrooms & Bathrooms

Total Bedrooms - 8
- Above grade - 8
Total Bathrooms - 4

Interior

Features - Water Heater Owned, Ventilation System, Separate Hydro Meter, Separate Heating Controls, Carpet Free
Basement - Unfinished

Exterior

Construction - Aluminum Siding
Roof - Asphalt Shingle

Heating & Cooling

Heat Type - Heat Pump
Heat Source - Other
Cooling Source - Other

Utilities

Water Service - Municipal
Sewer Service - Sewer

Rooms Overview

Room	Floor	Dimensions	Features
No room data available for this listing

Land Overview

Lot Dimensions

67 x 113 Feet

Property Features

Park, School

Shoreline

Russel Hunt

Salesperson

613-807-0241

EXP REALTY

Brokerage

424 CATHERINE ST UNIT 200

OTTAWA, ON, K1R5T8

866-530-7737

Questions?

Interested in scheduling a viewing? Or just have some questions about the listing? Let us know!

Disclaimer

Listing data is copyrighted by the Toronto Regional Real Estate Board. It is intended solely for consumers with a genuine interest in the purchase, sale, or lease of real estate and may not be used for any commercial or unrelated purposes. While the information is believed to be reliable, accuracy is not guaranteed by Toronto Regional Real Estate Board or Brick & Noble. No representations or warranties, express or implied, are made by Brick & Noble or its affiliates as to the accuracy or completeness of the information shown. Data is deemed reliable but not guaranteed and should be independently verified.