2 GORE Street, Perth, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of 907 - Perth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,290,000 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 0 Bathrooms
- Premium 39.3 x 110.84 ft lot size
- Convenient unknown garage included
- equipped with no central cooling and highly efficient gas forced air open heating
Description
CIRCA 1880 STONE RETAIL BUILDING IN THE HEART OF ALL THE ACTIVITIES IN HISTORIC CENTRAL DOWNTOWN PERTH,HIGH VISIBILITY & HIGH TRAFFIC LOCATION IN A HIGH TRAFFIC HERITAGE TOURIST TOWN,2 BLOCKS TO THE TAY CANAL WHICH FLOWS INTO THE WORLD HERITAGE SITE RIDEAU CANAL,3 BLOCKS TO STEWART PARK THE WEDDING CAPITAL PARK OF ONTARIO WITH A MULTITUDE OF YEARLY FESTIVALS,TREMENDOUS UPSIDE POTENTIAL IN THE RENTAL INCOME WITH THE 2nd & 3rd FLRS BEING VACANT,CLOSE TO THE OLDEST GOLF COURSE IN CANADA-THE LINKS O TAY GOLF COURSE,1 BLOCK TO THE BEST WESTERN HOTEL,VERY HIGH WALKSCORE BEING CLOSE TO ALL THE AMENITIES LIKE OTHER RETAIL STORES & RESTAURANTS & BANKS,PERTH ALSO HAS ONE OF THE BEST HOSPITALS IN ONTARIO LOCATED A FEW BLOCKS FROM THE DOWNTOWN,PERTH HAS BEEN VOTED THE PRETTIEST TOWN IN ONTARIO,40% OF PERTH RESIDENTS ARE RETIRED & THESE RETIREES MAKE EXCELLENT TENANTS IN THE EVENT THE 2nd & 3rd FLRS WERE TURNED INTO APTS,OR TURN THE 2nd & 3rd FLRS INTO CONDOS TO CREATE REVENUE PRODUCING REAL ESTATE
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Pricing & Value Insights
Data-driven valuation for 2 GORE Street E, Perth, ON K7H 1H5
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About Purchasing a Home in Perth, ON
For a property listed at $1,290,000 in Perth, the legal minimum down payment is $258,000 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 $22,275 for this transaction. As this listing is in Perth (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,275.
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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.