REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
-
Est. payment /mo
Active
150-152 GORE ST E Perth, ON K7H 1J7
5 Beds
2 Baths
UPDATED:
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. Unit 150 Gore St. will be vacant as of July 1.
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