$524,900
150-152 GORE STREET E
Beds
5
Baths
2
Sqft
—
Year
—
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Perth. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Discover a robust addition to your portfolio with 150-152 Gore Street. This well maintained duplex is situated just steps from the vibrant shops, dining, and parks of downtown Perth. This property offers immediate, reliable cash flow with a total monthly rental income of $3,950. 152 Gore: Currently generating $2,200/month, offering flexibility for market rent adjustments or owner-occupancy. 150 Gore: Generating $1,750/month (Leased), providing long-term stability. Efficiency is maximized as both units have separate furnaces and hydro meters, ensuring tenants pay their own heat and electricity. Minimize your capital expenditure with a long list of recent improvements: Roof: replaced August 2021, Eavestroughs: New in September 2022, Unit 150: Hot Water Tank (May 2022), New Dryer 2025 Unit 152: New Stove (April 2024), Updated Bathroom Vanity (March 2024). The property is deceptively large, offering diverse layouts that appeal to a wide tenant base. Unit 150 is a comfortable 2-bedroom, 1-bathroom home with direct backyard access. Unit 152 is a spacious 3-bedroom, 1 bathroom residence with a formal dining room, a versatile main-floor office/playroom, and a bright 3-season room leading to the expansive rear yard. Both tenants benefit from dedicated storage in the detached garage. With an average water/sewer cost of $135/month and insurance at $296/month, the margins on this property are excellent. Invest with confidence in one of Ontario's most sought-after towns. Whether you are looking for a worry-free "set and forget" investment or a multi-generational living solution. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- 907 - Perth
- Lot dimensions
- 50.5 x 150.6 FT ; 0
- Bedrooms
- 5 above grade
- Parking
- 3 total
- Stories
- 2
- On market
- Mar 2, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $2,965
- Zoning
- R3 Res 3rd Density
- Photos
- 40
- MLS#
- X12836458
- Area
- PERTH
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Utilities
Cash on cash
0.35%
Cap rate
4.93%
GRM
13.3
Break-even rent
$3,268
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.