56 Drummond Street, Perth, ON

$549,000
MLS#:X13212562
3 beds
2 baths
1100-1500 sqft
7.0 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 brick construction, this residence presents an exceptional opportunity offered at $549,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 102.5 x 61.5 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via gas

Description

Welcome to 56 Drummond St E. Conveniently located two blocks to everywhere - restaurants and shopping in downtown heritage Perth, seasonal Farmers Market, festivals and special events, theatre, boat launch on the Tay River, and much more! This 1880's centre hall plan features a perfect blend of symmetry, functionality and charm. This style of two storey solid brick home has been sought after for many years due to the central hall that extends from the front entry to the rear, allowing distinct, interconnected living zones on either side. The formal living room and sitting room, accented with tall windows & pine floors, occupy one side while the bright dining room and updated, chef's kitchen occupy the other side. Finishing off the main level living space is a conveniently located 2 piece bath. The upper level sees three good sized bedrooms, with the primary offering an outer dressing room or office area and the laundry is conveniently combined in the 4 piece bathroom complete with claw foot soaker tub & corner shower. A convenient back entry porch off the kitchen, allows back door access to your totally private and fenced back yard and deck or an easy few steps from the detached double car garage. There are two separate driveways to accommodate guest parking and the large corner lot allows for all sorts of outdoor use. Other features include 12 year old gas furnace and shingles, owned gas hot water tank, thermopane windows, most of the house has been drywalled with no knob & tube wiring remaining, good storage with poured concrete floor in the basement and immediate occupancy is available! Truly a turn key home and property!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/29/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementUnfinished
Lot Size102.5 × 61.5 Feet
CountyLanark
Annual Tax$3,589
Legal DescriptionPT N 1/2 LT 4 S/S CRAIG ST, PL 8828, LAARK S DRUMMOND AS IN RS128943; PERTH

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Fenced Yard, Level

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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56 Drummond 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 56 Drummond Street E, Perth, ON K7H 1G4

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.

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Interest Rate5.25%
Down Payment$29,900 (5.4%)
* Minimum Canadian down payment required for this price is $29,900.
Amortization Period25 Years
Estimated Monthly Payment$3,093Based on a loan of $519,100 over 25 years.
Purchase Price$549,000
Loan Amount$519,100
Provincial Land Transfer Tax:$7,455
Total Estimated Closing Taxes:$7,455

About Purchasing a Home in Perth, ON

For a property listed at $549,000 in Perth, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$759,037

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

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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.