• Mobile: 416-882-5419
  • Office: 905-731-2000
  • Fax: 905-886-7556

$3,399,000
Available - For Sale
Listing ID: X12212255
480 MAIN Street West , North Perth, N4W 1A6, Perth


Welcome to Livingstone Manor - a premier investment opportunity in the thriving retirement living sector, located in the growing community of Listowel, Ontario. Livingstone Manor offers 34 updated rooms, including 6 double suites, with recent high-value upgrades. Well-maintained with strong occupancy and excellent income potential. Positioned to meet rising demand for quality retirement living, this property provides solid long-term returns and capital appreciation. Recently Updated Sprinkler Systems, Windows - 2019, Roof - 2020, Elevator inspected annually and panel replaced in 2020, Air exchanger - 2023, Gas boilers - 2016 and 2022. PLEASE DO NOT CONTACT STAFF OR ENTER THE PROPERTY WITHOUT APPOINTMENT!
Price $3,399,000
Taxes: $15627.68
Tax Type: Annual
Occupancy: Tenant
Address: 480 MAIN Street West , North Perth, N4W 1A6, Perth
Postal Code: N4W 1A6
Province/State: Perth
Legal Description: PT LOT 5,7,8 S/S MAIN ST , PLAN 165 , PT
Directions/Cross Streets: Main St W & Victoria Ave
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Category: Apartment
Use: Seniors Residence
Building Percentage: T
Total Area: 16088.00
Total Area Code:  Square Feet
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: n/a
Employees #: 33
Seats: 0
Sprinklers: Yes
Washrooms: 36
Rail: A
Heat Type: Radiant
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $169,950 $339,900 $509,850 $679,800
First Mortgage $3,229,050 $3,059,100 $2,889,150 $2,719,200
CMHC/GE $129,162 $94,832.1 $80,896.2 $0
Total Financing $3,358,212 $3,153,932.1 $2,970,046.2 $2,719,200
Monthly P&I $16,572.17 $15,564.08 $14,656.64 $13,418.76
Expenses $0 $0 $0 $0
Total Payment $16,572.17 $15,564.08 $14,656.64 $13,418.76
Income Required $621,456.34 $583,653.17 $549,624.04 $503,203.51

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$8,386.73
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTRON REALTY INC.
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Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Com - Investment
Area: Perth
Municipality: North Perth
Neighbourhood: Listowel
Style:
Lot Size: x 192.00(Feet)
Approximate Age:
Tax: $15,627.68
Maintenance Fee: $0
Beds: 0
Baths: 36
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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