$1,127,000
For sale: Multiplex

Attention Investors. If you're looking for a property in an established community, then this may be the right fit for your portfolio. Located on the south end of Gore Street in the beautiful town of Perth. This is a new 3 Storey build offering 4 - 2 bedroom, 2 bath, units, each with laundry, open concept living, dining and kitchen areas, private balcony, parking, and 5 appliances included. The photos attached show the layout and finishes of one side of the building, lower and upper floors. Upper units are approximately 800 SqFt - 2 levels, and the lower units are approximately 900 SqFt - 2 levels. All units are separate metered for water and hydro. You are within walking distance to fine eating and shopping in the hub of Old Perth, a great place to invest and live. Potential rents are in the $2300/mo range plus utilities. The property is being sold "As Is". There are minor deficiencies to be completed for occupancy, ask your Realtor for details. Financing available for a qualified buyer.
Sold data
Homes in Perth took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 55, across 32 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $492,450.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 32 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Perth has 5 Fraser Institute–rated schools (3 elementary and 2 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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