169 James Street, North Perth

$899,000
169 James Street

$899,000

New
16d
Detached1 1/2 Storey

169 James Street, North Perth

Total Monthly Obligation $4,527

Beds
3
Baths
2
Park
8
Sqft
2500-3000
DOM
16d
Score
15
Yield
3.3%
Cash on Cash
-10.3%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.3%
Property Type-Detached
MLS® Number-X13874100
Beds-3
Bathrooms-2
Size-2500-3000 sqft
Lot Size-121 × 198 ft
Listed on site-Oct 7, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-31-50
Taxes-$6,314 (2025)
Parking-9 - Attached
Basement-Full, Walk-Up
Heating-Baseboard (Gas)
Brokerage-KELLER WILLIAMS INNOVATION REALTY
Cooling-Other
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-South
Exterior-Log
Roof-Shake
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Elma
Title-Residential Freehold

No agent assigned

LOG HOME, BACKYARD RETREAT, VAULTED CEILINGS. Built with logs sourced from British Columbia, this one-of-a-kind home is full of warmth and character. From the rich wood interiors to the aluminum-clad windows and custom finishes, every detail adds to the charm of this beautiful property. The kitchen is the heart of the home, featuring custom solid elm cabinetry, soapstone countertops, stainless steel appliances, a gas cooktop and a stone-faced fireplace with gas insert. The impressive great room features soaring vaulted ceilings, black walnut paneling above the fireplace and distinctive elm hardwood flooring crafted from a tree harvested right from the property. The main-floor primary bedroom offers the convenience of one-level living and features a vaulted ceiling, with laundry just steps away. The spacious main-floor bathroom includes a tiled walk-in shower, leathered granite countertop and in-floor heating. Upstairs are two generously sized bedrooms, each with a walk-in closet, along with a 3-piece bathroom. Step outside and discover a true backyard retreat. Relax in the 6-person Arctic Spa hot tub beneath the cedar gazebo, gather around the outdoor masonry wood-burning fireplace or enjoy the beautifully landscaped grounds from the Tigerwood deck, stamped concrete patio and cedar pergola. The .55-acre property features a firepit area and a cordwood garden shed with second-level storage. Additional features include municipal sewer, drilled well, geothermal heating, natural gas service, fibre optic internet and a durable Enviroshake roof. A truly special property offering authentic character, privacy and an incredible outdoor lifestyle.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,527/mo
Mortgage $3,626
Monthly Loss $3,573
Principal$954
Interest$2,672
Property Tax$526
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.6%10
10-Year IRR
6.4%
Returns Index
6.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,000/yr
NOI
$16,186/yr
Net Cash Flow
-$2,277/mo
Cash Margin
-91.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo34
Risk Index
18.3/ 100

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

Comparables

Properties near 169 James Street

Time

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