45 Drummond Street, Perth, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 907 - Perth. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $975,000 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.
- 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 61.49 x 159.87 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Suite
- Efficient forced air heating via gas
Description
R3 ZONING, MULTI-RESIDENCE. THINK: Nanny Suite, Air BNB, B&B, Income Property OR Home business. Welcome to a rare opportunity in the heart of historic Perth, just steps away from everything this vibrant community has to offer. This beautifully restored home has undergone extensive renovations, seamlessly blending modern updates with timeless charm. The property offers incredible versatility ideal for MULTI-GENERATIONAL living, GENERATING RENTAL INCOME TO HELP WITH MORTGAGE or any lifestyle you envision. The main residence features 4 bedrooms, 2.5 baths, a stunning kitchen, and a cozy living/dining room with a electric fireplace. A bonus third-floor loft adds flexible space perfect for movie nights or at home studio. In addition, a separate 1-bedroom, 2-bath apartment, with capability of main floor living with its own laundry and open-concept design offers privacy and income potential truly a rare find in the town of Perth. Don't miss the chance to own this one-of-a-kind property in one of Ontario's most charming communities.
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Pricing & Value Insights
Data-driven valuation for 45 Drummond Street W, Perth, ON K7H 2J9
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About Purchasing a Home in Perth, ON
For a property listed at $975,000 in Perth, the legal minimum down payment is $72,500 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 $15,975 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 $15,975.
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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.