150-152 GORE ST E, Perth, ON K7H 1J7
150-152 GORE ST E, Perth, ON K7H 1J7
150-152 GORE ST E, Perth, ON K7H 1J7
150-152 GORE ST E, Perth, ON K7H 1J7
150-152 GORE ST E, Perth, ON K7H 1J7
150-152 GORE ST E, Perth, ON K7H 1J7
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 524,900
Est. payment | /mo

5 Beds

2 Baths


$ 524,900
Est. payment | /mo

5 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 907 - Perth

MLS Listing ID X12836458

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,965

Tax Year 2025

Property Sub-Type Duplex

Property Description

Discover a robust addition to your portfolio with 150-152 Gore Street. This well maintained duplex is situated just steps from the vibrant shops, dining, and parks of downtown Perth. This property offers immediate, reliable cash flow with a total monthly rental income of $3,950. 152 Gore: Currently generating $2,200/month, offering flexibility for market rent adjustments or owner-occupancy. 150 Gore: Generating $1,750/month (Leased), providing long-term stability. Efficiency is maximized as both units have separate furnaces and hydro meters, ensuring tenants pay their own heat and electricity. Minimize your capital expenditure with a long list of recent improvements: Roof: replaced August 2021, Eavestroughs: New in September 2022, Unit 150: Hot Water Tank (May 2022), New Dryer 2025 Unit 152: New Stove (April 2024), Updated Bathroom Vanity (March 2024). The property is deceptively large, offering diverse layouts that appeal to a wide tenant base. Unit 150 is a comfortable 2-bedroom, 1-bathroom home with direct backyard access. Unit 152 is a spacious 3-bedroom, 1 bathroom residence with a formal dining room, a versatile main-floor office/playroom, and a bright 3-season room leading to the expansive rear yard. Both tenants benefit from dedicated storage in the detached garage. With an average water/sewer cost of $135/month and insurance at $296/month, the margins on this property are excellent. Invest with confidence in one of Ontario's most sought-after towns. Whether you are looking for a worry-free "set and forget" investment or a multi-generational living solution.

Location

Province ON

County Lanark

Area Lanark

Zoning R3 Res 3rd Density

Rooms

Family Room No

Basement Crawl Space, Unfinished

Kitchen 2

Interior

Interior Features Separate Hydro Meter

Cooling None

Inclusions Fridge x2, stove x2, washer/dryer in 150 Gore, hwt in 150 Gore

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.49

Lot Depth 150.61

Total Parking Spaces 3

Building

Foundation Stone

Others

Senior Community Yes

ParcelsYN No

Virtual Tour https://tours.virtualtoursottawa.com/2348242?idx=1

Listed by ROYAL LEPAGE ADVANTAGE REAL ESTATE LTD

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150-152 GORE ST E