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$460,000

Perth ON, K7H 1W1

MLS® # X12499664

Property Information:

This charming duplex offers excellent investment potential with two well-appointed one-bedroom, 1 bath apartments with a convenient layout - one unit upstairs and one unit on the main level.The main level unit includes in-unit laundry facilities as well as direct access to a fenced in backyard, adding significant value for tenants. Both apartments are thoughtfully designed to maximize space and comfort. This duplex sits in the heart of Perth, offering residents easy walkable access to shops, restaurants, and local amenities. Stewart Park is just steps away, providing beautiful green space and recreational opportunities for outdoor enthusiasts. This convenient location makes this property highly desirable for potential renters, ensuring strong rental income potential and also presents wonderful renovation opportunities for investors looking to add value through updates and improvements. Whether you choose to rent both units or live in one while renting the other, this property offers flexible options. Parking for 2 smaller vehicles is included, addressing a key concern for many renters and adding to the overall appeal. The neighbourhood surrounding Mill Street is well-established with tree-lined streets and a strong sense of community.This is an excellent opportunity for first-time investors or those looking to expand their rental portfolio. The combination of location, layout, and potential, makes it an attractive option in today's market and the two-unit configuration allows for diversified rental income while keeping maintenance manageable. The proximity to parks and downtown amenities ensures consistent tenant interest. With thoughtful improvements, this duplex could become a standout rental property in Perth's competitive market. Currently the owner pays all utilities. The upper unit is vacant and the main floor unit will be vacant as of January 1, 2026. Select your own tenants and set your own rental rates! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Type: Crawl space
  • Exterior Finish: Aluminum siding
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Block, Concrete, Stone
  • Heating Type: Baseboard heaters, Forced air, Other, Not known, Not known
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 2
  • Bathrooms: 2
  • Amenities Nearby: Golf Nearby, Hospital, Schools
  • Community Features: Community Centre
  • Features: Cul-de-sac, Flat site, Carpet Free
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 51.0 Feet
  • Lot Frontage: 38.8 Feet
  • Lot Size: 38.8 x 51 FT
  • Utility Type: Hydro - Installed, Sewer - Installed, Cable - Available
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX FRONTLINE REALTY

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 17 MILL STREET, Perth, Ontario, K7H 1W1

Demographic Information of 17 MILL STREET, Perth, Ontario, K7H 1W1

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$106,738.89

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.23 %

High school certificate or equivalent

30.31 %

Apprenticeship trade certificate/diploma

3.44 %

College/non-university certificate

30.33 %

University certificate (below bachelor)

0.02 %

University Degree

15.66 %

Commuter

Travel To Work

By Car

72.48 %

By Public Transit

0.0 %

By Walking

25.07 %

By Bicycle

2.45 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.98 %

Houses

50.02 %

Own Vs. Rent