Multifamily in Perth available for sale
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Apartment Building for Sale in Perth

Perth Apartment Building for Sale

More details for 100 Welland St, Perth, ON - Multifamily for Sale

100 Welland St

Perth, ON K7H 2P5

  • Multifamily for Sale
  • $2,200,000 CAD
  • 6,000 SF
  • Air Conditioning
  • 24 Hour Access
  • Smoke Detector

Perth Multifamily for Sale - Northeast Ontario

To-Be-Built 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, its 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!

Contact:

RE/MAX Hallmark Realty Group

Property Subtype:

Apartment

Date on Market:

2025-03-24

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Apartment Buildings for Sale in Perth

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How many apartment buildings are available for sale in Perth?
There are currently 1 apartment buildings available for sale in Perth, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Perth?
The average size of apartment buildings available for sale in Perth is about 6,000 SF. The largest apartment buildings available to buy is 6,000 SF and the smallest is 6,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.