28 Wilson Street West, Perth, Ontario K7H2M9

Property Description

Side by side duplex, with bonus commercial zoning, located at 28 Wilson Street West, a short walk from Perth's historic downtown core. Live in one unit and rent out the 2nd unit to help pay your mortgage, or open a business in one half. Set on a 14,650 sq ft lot with 70 feet of frontage and 210 feet of depth, this property represents one of the largest properties in the area, offering significant long-term flexibility, including R3 C1-1 zoning that allows for a potential 3rd residential unit. The two-storey stone duplex contains two self-contained side by side residential units, a 3-bed 1.5-bath unit and a 2-bed 1-bath unit, totaling approximately 2,575 sq ft. Both homes feature distinct layouts that preserve their historic charm with deep window sills and high ceilings, while delivering functional, private day-to-day living with separate entrances. The property has a history of mixed residential and commercial use, including its former operation as the Tay River Gallery. Conveniently located only a short walk to downtown Perth amenities, including shops, restaurants, cafés, professional services, parks, and the Tay River waterfront. Recent improvements include a steel roof with metal soffit and fascia, and rear siding. The site also offers ample room for potentially 10+ parking spots, a rare feature in the area. Income is currently in place with month-to-month residential tenancies, while the zoning, lot size, frontage, parking, and central location support strong future upside through owner-occupation, triplex conversion, mixed-use conversion, or redevelopment. (id:5764)