6-8 Market Square, Perth, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised fourplex located in the coveted neighborhood of 907 - Perth. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $820,000 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.
- 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 75 x 52.5 ft lot
- 4.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- Efficient baseboard heating via electric
Description
Excellent opportunity to own a Fourplex investment property within the Historic District of the charming town of Perth! 6-8 Market Square is in the heart of Perth next to the beautiful and breathtaking Stewart Park and just off Gore Street being the main high street! The location of this property is absolutely amazing...tenants can enjoy walking to shops, cafes, restaurants, churches and all the wonderful markets, festivals and activities the town enjoys during the year. The house consists of 2 upper 2 bedroom Units and 2 lower 2 bedroom Units and has been well maintained and managed over the years. Updates vary in each unit. All four units are very nicely kept by the 4 Excellent tenants and are similar and spacious in design featuring 2 bedrooms, generous living, dining and kitchen space, a 4 piece main bathroom and interior storage space. They share a common laundry area with interior access from each unit. There are 4 parking spaces adjacent to the building. The property represents a unique and rare opportunity within one of the most beautiful towns in Ontario. Perth is known for its historic charm, stone buildings, military history and the pretty Tay River which flows through town connecting to the Rideau Canal UNESCO World Heritage Site! This is an investment property with a good CAP rate not to be overlooked! Metal roof approx. 2013. Windows updated over the years. 48 hour irrevocable on all Offers.
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Property Summary
This fourplex located at 6-8 Market Square, Perth is currently for sale and has been available on SousaSells for 314 days. This property is listed at $820,000 with an estimated mortgage of $2,729* per month. It has 8 beds, 4 bathrooms, and is 3500-5000 square feet. 6-8 Market Square, Perth is in the 907 - Perth neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
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Park, Hospital
Interior Features
Separate Hydro Meter
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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 6-8 Market Square, Perth, ON K7H 1V7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Perth, ON
For a property listed at $820,000 in Perth, the legal minimum down payment is $57,000 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 $12,875 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 $12,875.
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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.