19 NORTH STREET, Perth

$999,000

For sale: Multiplex

Multiplex at 19 NORTH STREET, Perth
Property type
Fourplex
Bedrooms / bathrooms
5 bedrooms, 5 bathrooms
Living area
3,500 sqft
MLS®
MLS® X13735762
Neighbourhood
907 - Perth

Welcome to 19 North Street in the heart of beautiful Perth-an exceptional, fully tenanted fourplex offering investors the opportunity to step into an established income-producing property from day one. Ideally located just moments from Perth's vibrant downtown core, this charming and extensively updated multi-residential property combines a strong rental profile, desirable location, and significant improvements that make it an excellent addition to any investment portfolio. With all four units currently rented, investors can benefit from immediate rental income and an established tenant base without the uncertainty of filling vacancies after closing. Over $240,000 has been invested into the property over the years, with improvements including updated windows, roofing, exterior painting, landscaping, flooring, appliances, and extensive renovations throughout the units. Several suites feature updated kitchens and bathrooms, bright and inviting living spaces, private entrances, verandas, outdoor areas, and in-unit laundry access, helping create comfortable and highly desirable rental accommodations. The property's location further strengthens its long-term investment appeal, with Perth's shops, restaurants, parks, waterfront, and everyday amenities all close at hand. Known for its heritage charm, thriving downtown, and strong sense of community, Perth continues to attract professionals, retirees, commuters, and tenants looking for quality housing outside larger urban centres. With limited rental inventory, continued housing demand, substantial improvements already completed, and four established tenancies in place, 19 North Street represents a compelling opportunity for investors looking for a well-located, income-producing multi-residential property with both character and long-term potential. A true turnkey investment in one of Eastern Ontario's most desirable small towns.

Sold data

Homes in Perth — recent sold market

Homes in Perth took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 55, across 92 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 44 days.

The median sale price was $519,000.

Homes sold for about 2.3% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$519,000
Sale-to-list ratio
97.7%
Sold above asking
15%

Based on 92 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Perth

Perth has 5 Fraser Institute–rated schools (3 elementary and 2 secondary), averaging 6.2/10.

Rated schools
5
Elementary
3
Secondary
2
Average rating
6.2 / 10

Top-rated schools in Perth

  • The Queen Elizabeth — elementaryFraser rating 8.7/10
  • St. John — secondaryFraser rating 6.9/10
  • The Stewart — elementaryFraser rating 5.6/10
  • St John — elementaryFraser rating 5.2/10
  • Perth and District — secondaryFraser rating 4.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 19 NORTH STREET