$185,000
58 DRUMMOND STREET W
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
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
The perfect setting to build your dream home - or a smart investment - multi-unit duplex or triplex in the charming, family-friendly community of Perth! This beautiful lot is approximately 60' x 98.1' and is ideal for a single-family home or a multi-unit duplex or triplex, with building plans being available. You're welcome to use your own builder, and if you don't have one, be sure to ask us about our preferred local experts. This property is located in Perth, Ontario which is a picturesque town nestled along the Tay River, about 80 km southwest of Ottawa. Perth is beautifully preserved with stone buildings, heritage homes and landmarks like the Perth Town Hall and Matheson House which gives the town a timeless feel. The downtown core is walkable and full of boutique shops, cozy cafés, and art galleries. Nature lovers are drawn to Stewart Park, a lush riverside green space perfect for picnics, festivals, or for the vibrant arts scene, with live theatre, music festivals, and community events throughout the year! (id:65958)
- Subtype
- Vacant Land
- Community
- 907 - Perth
- Lot dimensions
- 60 x 98.1 FT
- On market
- Jun 30, 2025
- Status changed
- Apr 24, 2026
- Annual tax
- $619 (2024)
- Zoning
- R4
- Photos
- 3
- MLS#
- X12253031
- Area
- PERTH
Features and systems
Parking
Cash on cash
36.78%
Cap rate
12.22%
GRM
6.4
Break-even rent
$1,206
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 24, 2026.