Address
8 ROGERS ROAD, Perth, ON
Price
$ 6,750,000
Property Attributes
  • ID#1371897
  • TypeMulti-Family
  • CityPerth
  • NeighbourhoodPerth
  • Postal CodeK7H 1P1
  • Style
  • Price$ 6,750,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Attention Investors! Newer 3-storey, 24-unit building providing immediate cash flow. Built & tenanted in 2019! Conveniently located in the historic town of Perth within 60 minutes of downtown Ottawa, & voted as one of the top Canadian towns to retire to and the prettiest town in Ontario. The demand for rental properties in Perth has been increasing, offering investors the opportunity for consistent cash flow. This building features an efficient hot water boiler system. ERV's (energy recovery) in each unit, 24 hydro meters (tenants pay in-unit hydro costs), ELEVATOR, 40 parking spots incl disabled, 5 x 3 bedrooms, 17 x 2 bedrooms 2 x 1 bedrooms. Income generating laundry facilities with coinamatic card operated machines! Metal & Membrane Roof, fridge & stove & dishwashers in every unit. Walking distance to parks & recreation, shopping, other essential amenities, & 1 Block to the oldest Golf Course in Canada. Fully tenanted with a potential up-swing in rents to current market values! (id:7434)

General Features

Property Type Multi-family
Zoning Description R4 - Residential 4th
Neighbourhood Perth
Building Cooling Type None
Parking Space Total 40
Foundation Type Poured Concrete
Ownership Type Freehold
Building.StoriesTotal 3

Interior Features

Building Fireplace Present False
Building Heating Type Hot water radiator heat
Building Heating Fuel Natural gas

Exterior Features

Sewer Municipal sewage system
Exterior Finish Stone,Siding

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K7H 1P1

Price
AVG $6.75M
$6.75M
Visits
AVG 963
970
Data Provided by Inside Real Estate®
Year Built
AVG 2019
2019