24 PERTH STREET, Rideau Lakes, Ontario

$469,900

5 Beds
3 Baths

Rarely does a place like this come for sale, a triplex in the quiet village of Portland, sitting just a block from Big Rideau Lake. Fully rented at the moment with one unit vacating for June 1st, makes it the perfect opportunity for an owner occupied investment property. There is a one bedroom main floor unit with a long time tenant, the next main floor unit has 2 bedrooms above and was updated throughout before the current tenant arrived, and the last unit has 2 bedrooms with a modern country kitchen, pot lights and an upper deck with seasonal views of the lake, and this will be the vacant unit! All units have separate hydro meters, one unit heats with a propane furnace and the others are baseboard, meaning all utilities are on the tenants, and each unit has their own laundry as well. Enjoy all the local amenities the village has to offer such as banks, LCBO, shops, restaurants, marinas, post office, library and a public beach and boat launch just a block away. Live in one unit and have the other 2 cover your mortgage, or rent it out and make some money. Current gross rent of $31,584 nets $25,364. Buyer must assume existing tenants in 2 units. (id:56241)

Listing ID: X12084628
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	3.12 m x 4.24 m
Bathroom	Second level	1.66 m x 2.81 m
Primary Bedroom	Second level	3 m x 4.91 m
Bedroom	Second level	2.93 m x 2.97 m
Bathroom	Second level	1.68 m x 2.25 m
Kitchen	Second level	2.62 m x 3.07 m
Dining room	Second level	3.12 m x 2.24 m
Living room	Second level	3.04 m x 5.56 m
Bedroom	Second level	2.47 m x 3.1 m
Kitchen	Main level	2.67 m x 3.21 m
Kitchen	Main level	4.25 m x 1.98 m
Living room	Main level	3.29 m x 3.62 m
Bedroom	Main level	3.42 m x 2.79 m
Utility room	Main level	1.34 m x 0.83 m
Bathroom	Main level	2.93 m x 1.68 m
Dining room	Main level	1.89 m x 4.14 m
Living room	Main level	4.92 m x 6.13 m

Details

Amenities Nearby: Beach, Marina, Park
Equipment: Propane Tank
Features: Level
Parking Spaces: 3
Rental Equipment: Propane Tank
Structure: Deck, Porch, Shed
Transaction: For sale

Building

Amenities: Separate Heating Controls, Separate Electricity Meters
Appliances: Water Heater, Water softener, Dryer, Stove, Washer, Refrigerator
BasementType: N/A (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 5
Exterior Finish: Brick
Fireplace Present: False
Fire Protection: Smoke Detectors
Foundation: Concrete, Stone
Bathrooms (Total): 3
Heating: Baseboard heaters
Heating Fuel: Electric
Size Interior: 2000 - 2500 sqft
Stories Total: 2
Type: Triplex
Utility Water: Drilled Well

Land

Amenities: Beach, Marina, Park
Sewer: Septic System
Size Frontage: 59 ft ,10 in
Size Irregular: 59.9 x 123 FT

Listing provided by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 24 PERTH STREET in Rideau Lakes Ontario. It was last modified on April 15th, 2025. Contact us to schedule a viewing or to discover other Rideau Lakes real estate for sale.

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