20 SHERBROOKE STREET E, Perth

$479,900

For sale: Multiplex

Multiplex at 20 SHERBROOKE STREET E, Perth
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X14113916
Neighbourhood
907 - Perth

Investment opportunity in the heart of Perth! Well maintained duplex offering flexibility for investors or owner-occupants who prefer to live in one and rent the other. At the front, 3 bedrooms and updated 3-piece bathroom currently rented on a month-to-month lease for $1200/month, and at the back, a 1-bedroom apartment with updated 3-piece bathroom, also rented for $1200/month on a year-long lease. Each unit has been updated with nice finishes, hardwood and tile flooring, with the convenience of in-unit laundry. Additional features include two natural gas furnaces, 2 electric hot water tanks, 2 hydro meters, and 2 gas metres providing independent utilities and added convenience. Tenants pay heat and hydro; landlord pays water. Each unit also benefits from its own parking space. Ideally situated close to the Tay River, nearby walking path, and walking distance to downtown shops, restaurants, library, hospital, schools, parks, and college. An appealing opportunity to own a multi-residential property in the vibrant community of Perth with convenient access to local amenities and outdoor recreation.

Sold data

Homes in Perth — recent sold market

Homes in Perth took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 72, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.

The median sale price was $497,000.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$497,000
Sale-to-list ratio
97.8%
Sold above asking
13%

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

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 20 SHERBROOKE STREET E