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Main Photo: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 1: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 2: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 3: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 4: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 5: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 6: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
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Photo 8: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 9: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 10: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 11: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 12: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 13: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 14: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 15: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 16: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 17: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 18: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 19: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 20: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 21: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 22: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 23: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 24: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 25: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 26: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 27: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 28: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 29: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Photo 30: 28 Wilson Street W in Perth: 907 - Perth Commercial for sale : MLS®# X12779882
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12779882
Bus Major:
Apts - 2 To 5 Units
Commercially zoned duplex located at 28 Wilson Street West on one of Perth's busiest and most visible streets. Set on a 14,650 sq ft lot with 70 feet of frontage and 210 feet of depth, this property represents one of the largest commercially zoned parcels in the area, offering significant long-term flexibility. The two-storey stone duplex contains two self-contained side by side residential units, a 3-bed 1.5-bath unit and a 2-bed 1-bath unit, totaling approximately 2,575 sq ft, with a history of mixed residential and commercial use, including its former operation as the Tay River Gallery. The property is outside the local heritage designation area, providing greater freedom for future redevelopment, expansion, or change of use. Located in a high-traffic area with excellent visibility for both vehicle and pedestrian traffic, the property benefits from strong walkability to downtown Perth amenities, including shops, restaurants, cafés, professional services, parks, and the Tay River waterfront. This location offers excellent exposure for retail, service, office, or mixed-use users seeking a prominent downtown presence. Recent capital improvements include a steel roof with metal soffit and fascia, and rear siding. The site also offers ample room for potentially 10+ parking spots, a rare feature in the downtown area. Income is currently in place with month-to-month residential tenancies, while the zoning, lot size, frontage, parking, and central location support strong future upside through owner-occupation, mixed-use conversion, or redevelopment.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2578 sq. ft. Square Feet
Total Area:
2,578 sq. ft.
Lot Depth:
210'
Lot Frontage:
69'
Water supply:
Municipal
Zoning:
R3 C1-1
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$2,887 / 2026
Assessment:
$- / -
Lanark
Perth
907 - Perth
2x Hot Water Heaters, Gas Boiler, Gas Furnace, 1x Stove, 2x Refrigerators
Tenants belongings
Utilities:
Yes
Green Property Information Statement:
No
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Feb 11, 2026
Original Price:
Previous Price:
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Listed by SOLID ROCK REALTY
Data was last updated February 14, 2026 at 06:15 AM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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Start Exploring Apartment Buildings for Sale Today

Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.