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Last Updated : 516 Days ago
5 Rogers Rd, Perth, Ontario, 907 - Perth

5 Rogers Rd, Perth MLS Number: X11891292

907 - Perth, Perth, Lanark, ON, K7H 1N9

$5,500,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $40195.00 (Tax Year:2023)
  • Listing Courtesy : Royal Lepage Team Realty

5 Rogers Rd Property Description

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.

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5 Rogers Rd Property Facts

Property Type :Commercial
MLS Number :X11891292
Listing Type :Sale
Possession Date :
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Last Updated :14 Mar, 2025 (516 Days ago)
Source :TRREB
Area :Lanark
Postal Code : K7H 1N9
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5 Rogers Rd Property Price & Tax Insights

Price : $5,500,000
Property Taxes :$40195.00
Tax Year :2023

5 Rogers Rd, Perth Property Details

Cross Street :Rogers Road & Peter Street

5 Rogers Rd, Perth - Price History

2025-03

14 Mar, 2025

TREB #X11891292

Available

$5500000.0

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5 Rogers Rd - Location Map and Landmarks

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