Welcome to 19 North Street in the heart of beautiful Perth-an exceptional, fully tenanted fourplex offering investors the opportunity to step into an established income-producing property from day one. Ideally located just moments from Perth's vibrant downtown core, this charming and extensively updated multi-residential property combines a strong rental profile, desirable location, and significant improvements that make it an excellent addition to any investment portfolio. With all four units currently rented, investors can benefit from immediate rental income and an established tenant base without the uncertainty of filling vacancies after closing. Over $240,000 has been invested into the property over the years, with improvements including updated windows, roofing, exterior painting, landscaping, flooring, appliances, and extensive renovations throughout the units. Several suites feature updated kitchens and bathrooms, bright and inviting living spaces, private entrances, verandas, outdoor areas, and in-unit laundry access, helping create comfortable and highly desirable rental accommodations. The property's location further strengthens its long-term investment appeal, with Perth's shops, restaurants, parks, waterfront, and everyday amenities all close at hand. Known for its heritage charm, thriving downtown, and strong sense of community, Perth continues to attract professionals, retirees, commuters, and tenants looking for quality housing outside larger urban centres. With limited rental inventory, continued housing demand, substantial improvements already completed, and four established tenancies in place, 19 North Street represents a compelling opportunity for investors looking for a well-located, income-producing multi-residential property with both character and long-term potential. A true turnkey investment in one of Eastern Ontario's most desirable small towns.
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
3-Storey
Total Approx Floor Area:
3000-3500
Lot Depth:
85'25.9 m
Lot Frontage:
61'18.6 m
Direction Faces:
West
Bedrooms:
5+0
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
4
Kitchens in Basement:
0
Bedrooms Above Grade:
5
Bedrooms Below Grade:
0
Kitchens Above Grade:
4
Rooms Above Grade:
20
Rooms Below Grade:
0
Heating type:
Other
Heating Fuel:
Gas
Fireplaces:
1
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace Features:
Natural Gas
Fireplace/Stove:
Yes
Garage:
Attached
Garage Spaces:
1.0
Parking Spaces:
3
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$7,412 /
2025
Assessment:
$- /
-
Lanark
Perth
907 - Perth
None
1 of 4 Hot Water Tanks is rented ($20.69/month), Boiler System from Enercare ($217.51/month)
3 Hot Water Tanks, 4 Stoves, Existing window coverings in owner occupied unit, 2 Dryers, 2 Washer, 4 Refrigerators,
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