470 Elizabeth Street, North Perth, ON

Expired - Members Only
MLS#:Members Only
0 beds
8 baths
10.0 parking
Residential Freehold
Unavailable Listing

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Listing Status: Expired

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Property Highlights

Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Listowel. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,990,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 8 Bathrooms with 8 functional kitchens
  • Premium 99 x 165 ft lot size
  • 10.0 total parking spaces available
  • Notable attributes: Separate Heating Controls
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

A prime investment opportunity with this exceptional 8-unit apartment building located in the heart of Listowel. Situated across the street from Listowel Memorial Park and just down the road from the hospital, this property offers unparalleled accessibility and lifestyle benefits. Each well maintained 2-bedroom units provides a welcoming retreat for tenants, consisting of mostly senior tenants with rarely any vacancies. Additionally, tenants benefit from in building coin laundry facilities. you're an astute investor seeking a lucrative addition to your portfolio, this property presents an enticing opportunity to capitalize on Listowel's thriving real estate market.

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Key Features

0
Bathrooms
8
Kitchens
8
Property Type
Residential Freehold

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Additional Details

StatusExpired
Listed Date6/24/2024
Transaction TypeFor Sale

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Property Details

Property Sub-TypeMultiplex
Architectural Style2-Storey
ConstructionBrick
BasementNone
Lot Size99 × 165 Feet
CountyPerth
Annual Tax$6,550
Legal Descriptionlot 32, W 1/2 lot 33, Plan 160, Town of Listowel, Municipality of North Perth, Province of Ontario

Parking & Garage

Parking Total10.0
Parking Space10
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

None listed

Interior Features

  • Separate Heating Controls

Security Features

None listed

Community Features

None listed

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Frequently Asked Questions about 470 Elizabeth Street, North Perth, ON

Q.What is the asking price for 470 Elizabeth Street, North Perth, ON ?

The current listing price for 470 Elizabeth Street, North Perth, ON in Listowel, North Perth is $1,990,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 8 bathrooms.

Q.What property type and architectural style is 470 Elizabeth Street, North Perth, ON ?

470 Elizabeth Street, North Perth, ON is a Multiplex (2-Storey) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Separate Heating Controls.

Q.Is parking available at this property?

Yes, this property offers parking space for 10.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Wall Unit(s).

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470 Elizabeth Street, North Perth, ON

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Property History

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Pricing & Value Insights

Data-driven valuation for 470 Elizabeth Street E, North Perth, ON N4W 2P9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in North Perth.

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Interest Rate4.00%
Down Payment$597,000 (30.0%)
* Minimum Canadian down payment required for this price is $398,000.
Amortization Period30 Years
Estimated Monthly Payment$6,624Based on a loan of $1,393,000 over 30 years.
Purchase Price$1,990,000
Loan Amount$1,393,000
Provincial Land Transfer Tax:$36,275
Total Estimated Closing Taxes:$36,275

About Purchasing a Home in North Perth, ON

For a property listed at $1,990,000 in North Perth, the legal minimum down payment is $398,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,275 for this transaction. As this listing is in North Perth (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $36,275.

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Listowel, North Perth Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Listowel, North Perth.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$746,760

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Listowel, North Perth

Elementary Schools

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Secondary Schools

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Listowel, North Perth Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.