56 Drummond Street E, Perth

$519,000
56 Drummond Street E

$519,000

New
25d
Detached2-Storey

56 Drummond Street E, Perth

Total Monthly Obligation $2,769

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
25d
Yield
6.9%
Cash on Cash
5.4%
Cap Rate
5.7%
5Y IRR
19.9%
10Y IRR
18.2%
Property Type-Detached
MLS® Number-X13835684
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-102.5 × 61.5 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,600 (2026)
Parking-5 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER SETTLEMENT REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-IMMEDIATE
Neighbourhood-907 - Perth
Title-Residential Freehold

No agent assigned

OPEN HOUSE SUNDAY, OCTOBER 4TH 11 A.M. - 12:30 PM Welcome to 56 Drummond St E. Conveniently located two blocks to everywhere - restaurants and shopping in downtown heritage Perth, seasonal Farmers Market, festivals and special events, theatre, boat launch on the Tay River, and much more! This 1880's centre hall plan features a perfect blend of symmetry, functionality and charm. This style of two storey solid brick home has been sought after for many years due to the central hall that extends from the front entry to the rear, allowing distinct, interconnected living zones on either side. The formal living room and sitting room, accented with tall windows & pine floors, occupy one side while the bright dining room and updated, chef's kitchen occupy the other side. Finishing off the main level living space is a conveniently located 2 piece bath. The upper level sees three good sized bedrooms, with the primary offering an outer dressing room or office area and the laundry is conveniently combined in the 4 piece bathroom complete with claw foot soaker tub & corner shower. A convenient back entry porch off the kitchen, allows back door access to your totally private and fenced back yard and deck or an easy few steps from the detached double car garage. There are two separate driveways to accommodate guest parking and the large corner lot allows for all sorts of outdoor use. Other features include 12 year old gas furnace and shingles, owned gas hot water tank, thermopane windows, most of the house has been drywalled with no knob & tube wiring remaining, good storage with poured concrete floor in the basement and immediate occupancy is available! Truly a turn key home and property!

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Closing Costs

Mortgage Amount
$415,200
Land Transfer Taxes$6,855
Legal Fees (Est.)
$
Total cash required for closing$112,155

Total Monthly Obligation

$2,769/mo
Mortgage $2,094
Monthly Loss $2,218
Principal$551
Interest$1,543
Property Tax$300
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 56 Drummond Street E

Time

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