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Main Photo: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Photo 1: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Photo 2: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Photo 3: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Photo 4: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Photo 5: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Photo 6: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Photo 7: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Photo 8: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Photo 9: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Photo 10: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X11891292
Bus Major:
Apts - Over 20 Units
On the banks of the Tay River, in the charming Town of Perth you will find this incredible multi-family investment opportunity. To say they dont make them like this anymore would be an understatement. Built in 1964 with brick and concrete block construction, this 23 unit low rise apartment building is as solid as they come. This desirable location is on 1.6 waterfront acres in the heart of Perth where shopping, groceries, restaurants and golf are all within walking distance. The building has been well maintained with recent upgrades including windows, generator, roof maintenance and electrical and fire retrofits. The building is made up of 22 2-bedroom apartments and one bachelor, boasting a healthy NOI of $256,636 despite the fact that most units have longer term tenants paying well below market rates. The oversized lot has plenty of green space where residents can enjoy the riverfront views and two ample parking lots with plenty of room for future expansion.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
25000 sq. ft. Square Feet
Total Area:
25,000 sq. ft.
Depth:
250'
Frontage:
294'4"
Water supply:
Municipal
Zoning:
R3
Heating type:
Gas Hot Water
Garage:
Outside/Surface
Possession Details:
TBD
HST Applicable To Sale Price:
Yes
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$40,195 / 2023
Assessment:
$- / -
Perth
907 - Perth
Lanark
Public Transit
Rug rental
Generator, Sea Containers (2)
Utilities:
Available
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - Over 20 Units
Category:
Apartment
Date Listed:
Dec 12, 2024
Original Price:
Previous Price:
  • Photo 1: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
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  • Photo 2: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
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  • Photo 3: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
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  • Photo 4: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
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  • Photo 5: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
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  • Photo 6: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
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  • Photo 7: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
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  • Photo 8: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
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  • Photo 9: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
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  • Photo 10: 5 Rogers Road in Lanark: 907 - Perth Commercial for sale (Perth)  : MLS®# X11891292
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated July 9, 2025 at 07:15 PM (UTC)
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