59 DRUMMOND Street, Perth, ON

$299,000
MLS#:X9458838
0 beds
0 baths
6.0 parking
Residential Freehold
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⚠️

Property no longer active

This property was sold on April 19, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable triplex located in the coveted neighborhood of 907 - Perth. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $299,000 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 74 x 202 ft lot size
  • Features a crawl space, none basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • equipped with window unit(s) central cooling and highly efficient baseboard heating via electric

Description

Older Triplex on large town lot 74' x 202 deep in a nice quiet neighbourhood. Close to all amenities. Great potential for development possibly apartment building or good income as is. Tenants pay heat and hydro. Owner pays water. Property sold as is where is., Flooring: Mixed

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Property Summary

This triplex located at 59 DRUMMOND Street, Perth is currently for sale and has been available on SousaSells for 654 days. This property is listed at $299,000 with an estimated mortgage of $995* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 59 DRUMMOND 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

0
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 8, 2024
Sold price information is available to members only
Listed Date9/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionVinyl Siding
BasementCrawl Space, None
Lot Size74 × 202
CountyLanark
Annual Tax$2,076
Legal DescriptionPT LT 5 N/S BROCK ST PL8828 LANARK S DRUMMOND AS IN RS61364 PERTH

Parking & Garage

Parking Spaces6.0
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

Property Features

Park

Interior Features

Security Features

Community Features

Location

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59 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 59 DRUMMOND Street E, Perth, ON K7H 1G3

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.

Market Trend
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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 Rate4.00%
Down Payment$89,700 (30.0%)
* Minimum Canadian down payment required for this price is $14,950.
Amortization Period30 Years
Estimated Monthly Payment$995Based on a loan of $209,300 over 30 years.
Purchase Price$299,000
Loan Amount$209,300
Provincial Land Transfer Tax:$2,960
Total Estimated Closing Taxes:$2,960

About Purchasing a Home in Perth, ON

For a property listed at $299,000 in Perth, the legal minimum down payment is $14,950 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 $2,960 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 $2,960.

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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.