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    For Sale - 100 WELLAND Street, Perth, Ontario

    Est payment $10,564/mo
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    Views   2
    Time on Jump  330 day

    AI Summary *

    • New 6-unit apartment building on a spacious 1/4 acre lot.
    • Located near amenities like medical centers and shopping.
    • Quiet dead-end street close to historic downtown and parks.
    • Five 2-bedroom and one 1-bedroom units with unique layouts.
    • Established property management ensures easy and efficient ownership.




    Beautiful new 6-unit apartment building on a large 1/4 acre lot. Nestled between shoppers drug mart and the elliot street medical centre, this prime investment property offers the perfect blend of tranquility and convenience. Located on a quiet dead-end street, it's just steps from the commercial amenities of highway 7 in the historic town of perth. This vibrant community is home to stewart park, a hub for festivals, and the links 'o' tay, canadas oldest golf course. A short walk leads to the tay river, which connects to the unesco world heritage rideau canal, as well as the best western hotel and charming downtown perth. This six-unit apartment building is designed for both functionality and tenant comfort, featuring five 2-bedroom units and one 1-bedroom unit, each with unique layouts and air exchangers. Tenants pay their own heat and hydro, with individual hydro meters in every unit. Each unit has its own exterior entrance, adding privacy and convenience. A professional property management company is already in place, ensuring seamless operation and stress-free ownership. Perth is ontario's #1 retirement town, boasting the highest average age in the province. With 40% of residents retired, this is an ideal market for stable, long-term tenancies. Steeped in history, perth was once the wealthiest area in canada, attracting british officers and major banking institutions after the war of 1812. Now, it's your turn to invest in this legacy and secure your financial future with this exceptional income property. Don't miss this cash-flowing opportunity watch your investment grow into a multi-million-dollar asset! Monthly rents: unit 1 $1900 unit 2 $2400, unit 3 $2400, unit 4 $2400, unit 5 $2400, unit 6 $2400. The financial information under 'other expenses' of $7,582 consists of snow and yard maintenance costs ($4,800) and a structural reserve allowance ($2,782)
    Listing IDX12004221
    Address100 WELLAND Street
    CityPerth, Ontario
    Price$2,200,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air Open

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    Listing Agency:  RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    100 Welland Street
    Perth , Ontario
    $2,200,000
    Get more info