48 Craig Street, Perth, ON

$795,000
MLS#:X12182178
4 beds
2 baths
2000-2500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 907 - Perth. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $795,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 61.5 x 102.5 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Carpet Free, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into timeless elegance with this charming 2-storey, 4-bedroom home dating back to the 1880s, beautifully restored to preserve its original character. Historic details like high baseboards and original wood floors flow throughout, blending old-world charm with modern convenience. The spacious kitchen offers ample cabinetry, granite countertops, and a central island perfect for everyday use or entertaining. Relax on the inviting covered front porch or enjoy the enclosed side veranda that opens to a private outdoor living space featuring a hot tub, decking, and privacy blinds. A recently restored four-season studio provides endless flexibility ideal as a creative workspace, home office, overflow area for family gatherings, or with potential as a studio apartment. Stunning perennial gardens, field stone walkways, and a tranquil patio complete the picturesque outdoor setting. Inside, the home is energy-efficient with good-sized bedrooms, including one with a freestanding gas fireplace and a private stairway to the kitchen. The dry basement adds extra value with laundry, utilities, and ample storage space. Perfectly located within walking distance to downtown Heritage Perth and the scenic Tay River at Last Duel Park, this exceptional home combines heritage charm with modern amenities. Whether you're looking for a warm family home, space to work from home, or a peaceful retreat, this property offers something truly special. Its a must-see thats sure to exceed expectations.

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Property Summary

This detached home located at 48 Craig Street, Perth is currently for sale and has been available on SousaSells for 413 days. This property is listed at $795,000 with an estimated mortgage of $2,646* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 48 Craig Street, Perth is in the 907 - Perth neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 10, 2025
Sold price information is available to members only
Listed Date5/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionOther
BasementFull, Unfinished
Lot Size61.5 × 102.5 Feet
CountyLanark
Annual Tax$3,698.39
Legal DescriptionPT N 1/2 LT 4 S/S Craig ST PL 8828 Lanark S Drummond as in RS178653, Town of Perth

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free, Storage

Security Features

Smoke Detector

Community Features

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Location

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48 Craig Street, Perth, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 48 Craig Street, Perth, ON K7H 1Y3

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 Perth.

Configure Loan Settings

Interest Rate4.00%
Down Payment$238,500 (30.0%)
* Minimum Canadian down payment required for this price is $54,500.
Amortization Period30 Years
Estimated Monthly Payment$2,646Based on a loan of $556,500 over 30 years.
Purchase Price$795,000
Loan Amount$556,500
Provincial Land Transfer Tax:$12,375
Total Estimated Closing Taxes:$12,375

About Purchasing a Home in Perth, ON

For a property listed at $795,000 in Perth, the legal minimum down payment is $54,500 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 $12,375 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 $12,375.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 907 - Perth, Perth.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$654,762

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%

Local Schools Guide

Elementary Schools

The Stewart
Public7 Sunset Boulevard, Perth, Ontario, K7H 0A1
5.6
St John
Public34 Wilson Street East, Perth, Ontario, K7H 1L6
5.2
The Queen Elizabeth
Public80 Wilson Street East, Perth, Ontario, K7H 1M4
8.7

Secondary Schools

St. John
Catholic34 Wilson Street East, Perth, Ontario, K7H 1L6
6.9
Perth and District
Public13 Victoria Street, Perth, Ontario, K7H 2H3
4.5

Homes & Housing

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.