7 DRUMMOND Street, Perth, ON

$565,000
MLS#:X9452527
4 beds
2 baths
4.0 parking
Residential Freehold
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⚠️

Property no longer active

This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of 907 - Perth. Expertly crafted featuring premium wood and brick construction, this residence presents an exceptional opportunity offered at $565,000 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
  • Premium 68 x 88 ft lot size
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 7 Drummond St E, in the heart of Heritage Perth. This spacious semi-detached home is ideally located steps away from the library, downtown shops and the farmer's market. Enter the charming front porch into a spacious living room and dining room with gleaming hardwood floors. The kitchen can be accessed from the dining room or from the side entryway making it easy to get to with a handful of groceries. There is a second family room on the main floor with a fireplace and a patio door with convenient access to the backyard featuring a composite deck. Upstairs there are three spacious bedrooms, a full bathroom with tub/shower combo and a completely finished attic, adding another living space or bedroom to the mix. The basement is partially finished with laundry room, another full bathroom with a tiled walk in shower and a finished space for an office or play area. The detached garage is ample size for one vehicle or extra storage. Lots of room to enjoy!, Flooring: Tile, Flooring: Vinyl, Flooring: Mixed

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Property Summary

This detached home located at 7 DRUMMOND Street, Perth is currently for sale and has been available on SousaSells for 763 days. This property is listed at $565,000 with an estimated mortgage of $1,881* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 7 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

Bedrooms
4
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 13, 2024
Sold price information is available to members only
Listed Date6/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionWood , Brick
BasementFull, Partially Finished
Lot Size68 × 88
CountyLanark
Annual Tax$2,934
Legal DescriptionPT LT 5 N/S HERRIOTT ST PL 8828 LANARK S DRUMMOND AS IN RS28474; PERTH

Parking & Garage

Parking Total4.0
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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7 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 7 DRUMMOND Street E, Perth, ON K7H 1E4

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$169,500 (30.0%)
* Minimum Canadian down payment required for this price is $31,500.
Amortization Period30 Years
Estimated Monthly Payment$1,881Based on a loan of $395,500 over 30 years.
Purchase Price$565,000
Loan Amount$395,500
Provincial Land Transfer Tax:$7,775
Total Estimated Closing Taxes:$7,775

About Purchasing a Home in Perth, ON

For a property listed at $565,000 in Perth, the legal minimum down payment is $31,500 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 $7,775 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 $7,775.

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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.