38 DRUMMOND STREET W, Perth, Ontario, K7H2J8

Property Description

The moment you walk through the grand entrance of this well-preserved gem-you will fall in love - some apartments with their own unique fireplace, some even two! This fully tenanted 7 unit multi-residential investment property is located across from the Perth hospital on the nicest street in Perth! This enchanting Victorian home is a rare blend of timeless elegance and modern comfort. From the moment you step inside, you're welcomed by the rich character of yesteryear soaring ceilings, intricate grand mouldings, and original gleaming hardwood floors that have been lovingly maintained. Each room tells a story, with unique fireplaces that serve as both beautiful focal points and cozy gathering spaces. While the home retains all the charm of its era stained glass accents, ornate woodwork, and graceful architectural details it has been thoughtfully updated with modern wiring and essential amenities. Pride of ownership is evident throughout this well-maintained 7-unit investment property. Tenants enjoy ample storage, including a detached coach house garage with a spacious loft and a clean, dry basement equipped with shared laundry. Significant upgrades completed in 2019/2020 include all-new hydro meters, updated breaker panels, and a full electrical rewire ensuring safety, efficiency, and long-term value. This is a turnkey opportunity with solid infrastructure and lasting appeal. Main Floor: 1-2bedroom; 2-1bedroom. Second Floor: Bachelor; 2-1bedroom. Third Floor 1-2bedroom (id:64974)

Quick Facts

• Property Type: Multi-Family
• Bedrooms: None
• Bathrooms: None
• Living Area: 5,000 sq ft (464.5 m²)
• Attached: Yes
• Parking: 8 spaces
• Frontage: 75 ft (22.9 m)

Costs

• Annual Taxes: $10,034.92

Listing Provided by: RE/MAX FRONTLINE REALTY
Board: Rideau - St. Lawrence Real Estate Board
Data provided via CREA DDF®.