For Sale: 100 Welland Street, Perth, ON - REW
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$2,200,000
0 bd • ba • sf • Multifamily
100 Welland Street
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$2,200,000
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100 Welland StreetPerth, ON, K7H 3H7

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

To-Be-Built 6-Unit Apartment Building on a Large 1/4 Acre Lot. Nestled between Shoppers Drug Mart and the Elliot Street Medical Centre, this prime investment property offers the perfect blend of tranquility and convenience. Located on a quiet dead-end street, it's just steps from the commercial amenities of Highway 7 in the historic town of Perth. This vibrant community is home to Stewart Park, a hub for festivals, and The Links 'O' Tay, Canadas oldest golf course. A short walk leads to the Tay River, which connects to the UNESCO World Heritage Rideau Canal, as well as the Best Western Hotel and charming downtown Perth.This six-unit apartment building is designed for both functionality and tenant comfort, featuring five 2-bedroom units and one 1-bedroom unit, each with unique layouts and air exchangers. Tenants pay their own heat and hydro, with individual hydro meters in every unit. Each unit has its own exterior entrance, adding privacy and convenience. A professional property management company is already in place, ensuring seamless operation and stress-free ownership.Perth is Ontarios #1 retirement town, boasting the highest average age in the province. With 40% of residents retired, this is an ideal market for stable, long-term tenancies. Steeped in history, Perth was once the wealthiest area in Canada, attracting British officers and major banking institutions after the War of 1812. Now, its your turn to invest in this legacy and secure your financial future with this exceptional income property. Dont miss this cash-flowing opportunitywatch your investment grow into a multi-million-dollar asset! Monthly rents: Unit 1 $1900 Unit 2 $2400, Unit 3 $2400, Unit 4 $2400, Unit 5 $2400, Unit 6 $2400. The financial information under 'Other Expenses' of $7,582 consists of snow and yard maintenance costs ($4,800) and a structural reserve allowance ($2,782) (id:63626)
Listed by: Brad Closs, Broker, RE/MAX HALLMARK REALTY GROUP

Home facts and features

Price details
List Price
$2,200,000
Get Pre-Approved
Gross Taxes for 2026
$12,000
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
50 ft x 0 ft (10105 ft²)
Depth
Frontage
50.0 feet
Heating Type
Forced air, Natural gas
Agent details
Primary Agent
Primary Broker
RE/MAX HALLMARK REALTY GROUP
Secondary Agent
Keith Bray
Secondary Broker
RE/MAX HALLMARK REALTY GROUP
Tertiary Agent
Tertiary Broker
RE/MAX HALLMARK REALTY GROUP
Listing details
Days on REW
455 Days
Property Views
104
MLS® Number
X12004221
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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3.99%

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Property Insights

The Stewart Public School
  • Public
  • JK - 6
Perth School
  • Public
  • 7 - 12
St John Elementary School
  • Catholic
  • JK - 6
The Queen Elizabeth School
  • Public
  • JK - 6
St John Catholic High School
  • Catholic
  • 9 - 12
St. John Intermediate School
  • Catholic
  • 7 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
Brad Closs
Phone:
(613) 200-1000
Office:
613-236-5959
Salesperson
Keith Bray
Phone:
(613) 369-6036
Office:
613-236-5959
Salesperson
Alexandre Wickham
Phone:
(613) 794-8230
Office:
613-236-5959
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