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!
Address
585 Perth Street
List Price
$1,099,000
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Area
Pembroke
Sub-Area
530 - Pembroke
County
Renfrew
Bedrooms
8
Bathrooms
4
Floor Area
3500 - 5000 Sq. Ft.
Lot Depth
113
Lot Size Units
Feet
Lot Width
67
Approx. Age
New
MLS® Number
X12010828
Listing Brokerage
EXP REALTY
Basement Area
Unfinished
Postal Code
K8A 6B9
Parking
Private
Parking Places (Total)
7
Tax Amount
$4,800.00
Tax Year
2024
Interior Features
Water Heater Owned, Ventilation System, Separate Hydro Meter, Separate Heating Controls, Carpet Free
Property Features
Park, School
Heat Source
Other
Heat Type
Heat Pump
Cooling Features
Other
Construction Materials
Aluminum Siding
Direction Faces
North
Foundation Details
Poured Concrete, Slab
Garage Type
None
Kitchens Total
4
Other Structures
Garden Shed
Pool Features
None
Roof
Asphalt Shingle
Security Features
Smoke Detector, Heat Detector, Carbon Monoxide Detectors
Waterfront
None
Sewer
Sewer