Seize this rare chance to own a newly constructed, high-performing income property in the heart of Perth! With a projected 6.3% cap rate and an estimated rental income of $2,300/month per unit, this executive fourplex is designed for both long-term rental stability and short-term vacation appeal.Perths proximity to Ottawa, thriving local economy, and reputation as the "Town of Festivals" make it a prime location for investors. This thoughtfully designed fourplex showcases a modern, stylish design with spacious, contemporary units featuring high-end finishes that ensure a luxurious living experience. Each suite is move-in ready, complete with brand-new appliances, in-unit laundry, and a private balconyperfect for unwinding and enjoying the charming surroundings.The property also includes separate hydro meters for all units and six dedicated parking spaces. Its prime location, just steps from downtown, provides residents with easy access to boutique shopping, scenic parks, entertainment, and top-tier dining.Whether you're looking to set your own rents in a vacant building, secure steady long-term tenants, or maximize profits in the short-term rental market, this executive fourplex is a prime addition to any portfolio.Don't miss out on this exceptional investmentschedule your private viewing today!
Address
131 Gore Street E
List Price
$1,475,000
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
3-Storey
Area
Perth
Sub-Area
907 - Perth
County
Lanark
Bedrooms
8
Bathrooms
8
Floor Area
3500 - 5000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
101
Lot Size Units
Feet
Lot Width
50.5
MLS® Number
X12057614
Listing Brokerage
LOTFUL REALTY
Basement Area
None
Postal Code
K7H 1J6
Parking Places (Total)
4
Tax Year
2024
Interior Features
Air Exchanger, ERV/HRV, Separate Hydro Meter
Heat Source
Electric
Heat Type
Heat Pump
Cooling Features
Other
Construction Materials
Concrete
Direction Faces
West
Foundation Details
Insulated Concrete Form
Garage Type
None
Kitchens Total
4
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer
