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$1,099,000
Status: For Sale
Welcome to 585 Perth Street, an exceptional opportunity for homebuyers seeking additional income or savvy investors adding to their portfolio. This fourplex consists of 2 brand-new units (2024 addition, rent increases not be bound by LTB rules!) and 2 renovated units (2019), and is rented all at market value. Featuring 4 spacious 2-bedroom units, modern finishes, and abundant natural light, this property promises a steady income with an incredible 7% CAP rate! Conveniently located near Algonquin College and other amenities, it's an ideal house hacking strategy or an addition to any investment portfolio. Don't miss out on this excellent turn-key opportunity!
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X12010828 |
| Listing Type | :Sale |
| Property Age | :New |
| Possession Date | : |
| Last Updated | :24 Mar, 2025 (9 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Renfrew |
|---|---|
| Postal Code | :
K8A 6B9
|
| Price | : $1,099,000 |
|---|---|
| Property Taxes | :$4800.0 |
| Tax Year | :2024 |
|---|
| Bedrooms | :8 + |
|---|---|
| No. of Rooms | :20 |
| Air Conditioning | :Other |
| Heating | :Heat Pump |
| Cross Street | :Perth & New |
| Bathrooms | :4 |
|---|---|
| Fuel | :Other |
| Approx Square Footage | :3500-5000 sqft |
| Exterior Finish | :Aluminum Siding |
|---|---|
| Parking Space | :7 |
| Basement | :Unfinished |
| Park | :Park |
|---|
10 Mar, 2025
TREB #X12010828
Listed
$1,099,000
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