27 Mill St Street W, Perth East

$600,000
27 Mill St Street W

$600,000

New
15d
Detached2-Storey

27 Mill St Street W, Perth East

Total Monthly Obligation $2,952

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
15d
Yield
3.2%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-X13876192
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-57 × 155 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$1,880 (2025)
Parking-6 - Attached
Basement-Full, Walk-Up, Unfinished
Heating-Forced Air (Gas)
Brokerage-The Realty Firm Inc.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-South
Exterior-Wood , Brick
Roof-Asphalt Shingle
Foundation-Concrete, Unknown
Sewer-Sewer
Possession-immediate
Neighbourhood-Milverton
Title-Residential Freehold

No agent assigned

Welcome to this unique two-storey century home, ideally situated on a quiet Milverton street with no immediate neighbours to the side or rear. Offering privacy, character, and outstanding flexibility, this property is well suited to families, hobbyists, tradespeople, or anyone looking for exceptional workspace.The home features three bedrooms, two full bathrooms, a modern eat-in kitchen, and a separate family room. Outdoors, a private hot tub area and above-ground swimming pool create an inviting setting for relaxing and entertaining.The impressive 28' x 36' triple-car garage and shop is a highlight of the property. Its durable concrete floor and spacious upper loft - also measuring 28' x 36' - are both equipped with efficient in-floor heating. The shop is ideal for automotive projects, woodworking, metalworking, repairs, storage, or a variety of hobbies. For even greater versatility, the loft offers potential to be finished as additional living space, subject to applicable approvals.Notable improvements include the garage roof in 2019, furnace and air conditioning in 2022, pool liner in 2022, house roof in 2023, water heater integrated with the garage heating system in 2023, and board-and-batten-style siding in 2024. Just up the road is access to the G2G trail, beautifully located for cycling or walking. Also, in the wintertime, the OFSC (snowmobile trail) system can be accessed right beside the G2G trail entrance. Just steps from the doorstep. A distinctive Milverton property with generous space, valuable updates, and exciting possibilities for both present and future use.

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Closing Costs

Mortgage Amount
$480,000
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$2,952/mo
Mortgage $2,420
Monthly Loss $2,315
Principal$637
Interest$1,783
Property Tax$157
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 27 Mill St Street W

Time

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