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$ 1,119,000
Est. payment | /mo
7,545 SqFt
$ 1,119,000
Est. payment | /mo
7,545 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,545 sqft
Price per Sqft $148
MLS Listing ID X11923887
Annual Tax Amount $4,800
Tax Year 2024
Property Description
Welcome to 585 Perth Street, an exceptional opportunity for savvy investors or homebuyers seeking additional income. 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 addition to any investment portfolio. Don't miss out on this excellent turn-key investment opportunity!
Location
Province ON
County Renfrew
Community 530 - Pembroke
Area Renfrew
Region 530 - Pembroke
City Region 530 - Pembroke
Interior
Cooling Yes
Exterior
Garage Spaces 7.0
Utilities Available Yes
Lot Depth 113.0
Listed by EXP REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
130 King St. W. Unit 1800B, M5X1E3, Toronto, Ontario, Canada