10 Elliott Street, Perth

$499,900
10 Elliott Street

$499,900

New
5d
DuplexBungalow-Raised

10 Elliott Street, Perth

Total Monthly Obligation $2,665

Beds
2
Baths
2
Park
4
Sqft
1100-1500
DOM
5d
Yield
7.0%
Cash on Cash
5.6%
Cap Rate
5.8%
5Y IRR
20.1%
10Y IRR
18.3%
Property Type-Duplex
MLS® Number-X14091430
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 100 ft
Listed on site-Oct 18, 2026
Style-Bungalow-Raised
Building Type-Duplex
Taxes-$3,282.47 (2026)
Parking-4 - None
Basement-Apartment, Full, Finished, Separate Entrance
Heating-Radiant (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-907 - Perth
Title-Residential Freehold

No agent assigned

Far more compelling than your typical Perth duplex, as a pure income play with two vacant units to claim market rents day one, owner-occupy one beautiful unit and supplement your cash flow with rent from the other, or combine two households with elders, young adults, in-laws or distant cousins living independently at one address. The capacious common front stair column also magically connects the two units if you're looking for a single-family home. That stairway continues the theme of the living space in this versatile property - gorgeously huge windows and broad spaces offering freedom of movement and a bright and cheerful disposition. Bypass the worry of old-building issues - built in 2006, the lower level sits high in the ground and was constructed for living. The upper and lower units are both configured as one-bedroom plus den layouts and can be craftily employed as two-bedrooms. You'll have to fight over which unit's big beautiful bright functional kitchen you want to call your own if you plan to move in yourself. Of course you could use both in single-family home mode. In-floor natural gas-fired radiant heating with separate temperature controls, dedicated laundry room in both apartments, professionally painted neutral palette throughout, gleaming hardwood, new carpet aroma for a reason, a freshly gravelled driveway, large solid wood storage shed, the list of benefits goes on. Conveniently situated with quick highway access you are minutes to half a dozen restaurants, Dollarama, LifeLabs, a bank, major grocery store, Canadian Tire, Home Hardware, Mark's, and two gas stations. Top everything with a micoFit solar installation under contract until November 2030 paying 80.2 cents per kwh - and the best part of all - it sits on an enduringly attractive metal roof. This is an opportunity you're unlikely to see again for a looooong time. Ask your realtor for a copy of the additional information sheet or download it the seller's realtor's website.

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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,665/mo
Mortgage $2,016
Monthly Loss $2,134
Principal$531
Interest$1,486
Property Tax$274
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 10 Elliott Street

Time

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