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$ 1,150,000
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38 Drummond ST W Perth, ON K7H 2J8
2,263 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,263 sqft
Price per Sqft $508
Subdivision 907 - Perth
MLS Listing ID X12273868
Annual Tax Amount $10,034
Tax Year 2024
Property Sub-Type Investment
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.
Location
State ON
County Lanark
Community 907 - Perth
Area Lanark
Zoning R4
Interior
Cooling No
Exterior
Community Features Recreation/Community Centre
Utilities Available Yes
Lot Frontage 75.0
Lot Depth 150.0
Listed by RE/MAX FRONTLINE REALTY