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Royal LePage
Royal LePage
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$524,900

150-152 GORE STREET E, Perth, Ontario, K7H 1J7

MLS® # X12836458

Perth ON, K7H 1J7

MLS® # X12836458

Property Information:

Discover a robust addition to your portfolio with 150-152 Gore Street. This well maintained duplex is situated just steps from the vibrant shops, dining, and parks of downtown Perth. This property offers immediate, reliable cash flow with a total monthly rental income of $3,950. 152 Gore: Currently generating $2,200/month, offering flexibility for market rent adjustments or owner-occupancy. 150 Gore: Generating $1,750/month (Leased), providing long-term stability. Efficiency is maximized as both units have separate furnaces and hydro meters, ensuring tenants pay their own heat and electricity. Minimize your capital expenditure with a long list of recent improvements: Roof: replaced August 2021, Eavestroughs: New in September 2022, Unit 150: Hot Water Tank (May 2022), New Dryer 2025 Unit 152: New Stove (April 2024), Updated Bathroom Vanity (March 2024). The property is deceptively large, offering diverse layouts that appeal to a wide tenant base. Unit 150 is a comfortable 2-bedroom, 1-bathroom home with direct backyard access. Unit 152 is a spacious 3-bedroom, 1 bathroom residence with a formal dining room, a versatile main-floor office/playroom, and a bright 3-season room leading to the expansive rear yard. Both tenants benefit from dedicated storage in the detached garage. With an average water/sewer cost of $135/month and insurance at $296/month, the margins on this property are excellent. Invest with confidence in one of Ontario's most sought-after towns. Whether you are looking for a worry-free "set and forget" investment or a multi-generational living solution. Unit 150 Gore St. will be vacant as of July 1. (id:7525)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Crawl space
  • Exterior Finish: Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 2
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 150.6 Feet
  • Lot Frontage: 50.5 Feet
  • Lot Size: 50.5 x 150.6 FT ; 0
  • Utility Type: Cable - Installed, Sewer - Installed, Hydro - Installed
  • Zoning: R3 Res 3rd Density
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 3

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 150-152 GORE STREET E, Perth, Ontario, K7H 1J7

Demographic Information of 150-152 GORE STREET E, Perth, Ontario, K7H 1J7

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$106,738.89

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.23 %

High school certificate or equivalent

30.31 %

Apprenticeship trade certificate/diploma

3.44 %

College/non-university certificate

30.33 %

University certificate (below bachelor)

0.02 %

University Degree

15.66 %

Commuter

Travel To Work

By Car

72.48 %

By Public Transit

0.0 %

By Walking

25.07 %

By Bicycle

2.45 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.98 %

Houses

50.02 %

Own Vs. Rent

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