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58 Harvey St 4 Unit Apartment Building $915,000 CAD ($228,750 CAD/Unit) Perth, ON K7H 1W9
Investment Highlights
- Located just three blocks from Stewart Park, offering access to festivals and scenic green space.
- Positioned near Gore Street, Perth’s main business corridor, with shops and dining within walking distance.
- Steps from the Tay Canal and Rideau Canal, providing a unique heritage setting and waterfront charm.
- Features a large 73 ft x 135 ft lot with ample parking and all units equipped with laundry hookups.
Executive Summary
4-plex in the historic retirement town of Perth, all tenants pay their own hydro & heat (electric baseboard).This building will attract good tenants because of the upscale atmosphere, very high walk-score being 3 blocks to Stewart Park with a multitude of yearly festivals, 2 blocks to the Tay Canal which flows into the world heritage site Rideau Canal, 1.5 blocks to Gore St, the main business street of Perth, 8 blocks to the oldest golf course in Canada - the Links O Tay Golf Course. Perth has been voted the prettiest town in Ontario many times. Perth is halfway between Ottawa & Kingston. Large lot 73 ft x 135 ft with lots of parking space. All residential area. Rents: Unit A - $1,600 (2 bdrm on the upper level), Unit B - $1,600 (1 bdrm + den on the main level), Unit C - $1,300 (1 bdrm on the upper level), Unit D - $1,400 (1 bdrm on the main level). All Units have laundry with washer and dryer hook up. New shingled roof, cash cow!
Property Facts
| Price | $915,000 CAD | Lot Size | 0.16 AC |
| Price Per Unit | $228,750 CAD | Building Size | 3,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 0.67/1,000 SF |
| Building Class | C | ||
| Zoning | R3 RES - Residential | ||
| Price | $915,000 CAD |
| Price Per Unit | $228,750 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | R3 RES - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,600 CAD | - |
| 1+1 | 3 | $1,450 CAD | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
50/100
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58 Harvey St
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