56-58 FOSTER Street, Perth, ON
Property Highlights
Welcome to this remarkable office 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 $599,900 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 2 Bathrooms
- Premium 41.06 x 83.36 ft lot size
- equipped with yes central cooling and highly efficient oil forced air heating
Description
Solid stone commercial building in the heart of all the activities in historic central downtown Perth, high visibility and high traffic location in a high traffic heritage tourist town,16 office spaces with large kitchen and two 2-pc baths on the 2nd floor. Central air on the 1st floor and 2 ductless air conditioners on 2nd floor, the building is presently leased by BrokerLink Insurance at $3,700 per month. Perth has one of the largest trade areas in all of Ontario with people from an hour away using Perth to buy goods and services with Kingston being the next major centre west of Perth. 10 parking spaces at the rear of the building, a forced air oil furnace heats the building with baseboard heaters on the 2nd floor, 6 ft high basement for possible storage area. The 3rd floor was formerly an apartment and could possibly be turned into one again. Great location: 2 blocks to the Tay Canal, 2 blocks to Stewart Park, 1 block to the Best Western Hotel, 5 blocks to the oldest golf course in Canada-the Links O Tay Golf Course.
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Pricing & Value Insights
Data-driven valuation for 56-58 FOSTER Street, Perth, ON K7H 1S1
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About Purchasing a Home in Perth, ON
For a property listed at $599,900 in Perth, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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.