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$4,500,000
Ontario,Perth
For Sale Active
5 ROGERS ROAD, Perth, Ontario K7H1N9
  • 2 Acre
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Basic Details
Description

On the banks of the Tay River, in the charming Town of Perth you will find this incredible multi-family investment opportunity. To say they dont make them like this anymore would be an understatement. Built in 1964 with brick and concrete block construction, this 23 unit low rise apartment building is as solid as they come. This desirable location is

on 1.6 waterfront acres in the heart of Perth where shopping, groceries, restaurants and golf are all within walking distance. The building has been well maintained with recent upgrades including windows, generator, roof maintenance and electrical and fire retrofits. The building is made up of 22 2-bedroom apartments and one bachelor, boasting a healthy NOI of $217,968 despite the fact that most units have longer term tenants paying well below market rates. The oversized lot has plenty of green space where residents can enjoy the riverfront views and two ample parking lots with plenty of room for future expansion. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12413292
  • Price: $4,500,000
  • Square Footage: 2 Acre
  • Status: Active
  • Office Name: ROYAL LEPAGE TEAM REALTY
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 89832
Features & Appliances
Features
  • Heating System: Other
  • Cooling System: Partially air conditioned
Address Map
  • Location: CA, Ontario, Perth, K7H1N9
  • Street: Rogers
  • Street Number: 5
  • Street Suffix: Road
  • Longitude: W77° 44' 37''
  • Latitude: N44° 53' 50.3''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 1.69
Financial
  • Tax Annual Amount: 43488
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Listing updated: 2025-12-12 07:01:13
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Listing Information
  • List Agent Key: 1979333
  • List Office Key: 89832
  • Modification Timestamp: 2025-10-23T01:00:58Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2025-10-23T00:36:30Z
Powered by REALTOR.ca
Listing updated: 2025-12-12 07:01:13
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