The Opportunity
Overview
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) (id:61970)
Investment highlights
- 01Multi-family
Property details
- Property type
- Multi-family
- Transaction
- sale
- Site area
- 0.232 acres
- Listing brokerage
- RE/MAX HALLMARK REALTY GROUP
- Listing representative
- Brad Closs
- Board / association
- Ottawa
Financial information
Request the complete source listing package and independently verify all financial information before relying on it.
Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 27988929
- Last supplied
- July 15, 2026
- Listing brokerage
- RE/MAX HALLMARK REALTY GROUP
- Listing representative
- Brad Closs
- Board / association
- Ottawa
Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.
Listing brokerage: RE/MAX HALLMARK REALTY GROUP · Listing representative: Brad Closs · Board/association: Ottawa · Updated: Jul 15, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.
