$4,500,000
( $61.13Per Sq Foot )
 $24,157 est/mo Sourced by Back At You

5 Rogers Road,Perth, ON K7H 1N9

Perth, ON K7H 1N9

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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.

Details

MLS #X12413292
Listing TypeFor Sale
Sub-TypeResale
StatusSold Conditional
Year0
Days On Site51
Listing Provided ByROYAL LEPAGE TEAM REALTY | X12413292 506805

Features

SQ Feet73,616
Acreage1.69

Interior

CoolingPartial

Exterior

Community FeaturesPublic Transit, Recreation/Community Centre

Utilities

UtilitiesYes

Taxes

Tax Annual Amount43488
Tax TypeAnnual
Tax Legal DescriptionPT LT 15 VILLAGE OF CAROLINA, 16 VILLAGE OF CAROLINA, 20 VILLAGE OF CAROLINA, 21 VILLAGE OF CAROLINA PL 8828 LANARK S DRUMMOND AS IN RS73448 EXCEPT BLS485; S/T PR10246; TOWN OF PERTH
Tax Year2025

Area Information

ProvinceON
CountyLanark
CityPerth
Postal CodeK7H 1N9
Area907 Perth
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyLanark
CityPerth
Postal CodeK7H 1N9
Area907 Perth
Sourced by Back At You
Listing Updated: October 28, 2025 at 3:21:11 PM PDT