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28 Wilson Street

28 Wilson Street

Perth, ON

2,578 sqft • Investment • 194 days on market

$499,900Price reduced 9%

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.

Listing Details

Taxes (2026)
$2,887
Originally Listed
$549,900
Listed
February 11, 2026

Price History

Listing history

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Property

Lot Size
69 x 210 Feet

Location & Legal

Cross Street
Glascott St and Wilson St West
Zoning
R3 C1-1
Possession
Flexible

Commercial

Business Type
Apts - 2 To 5 Units
Occupancy
Tenant

Included

Inclusions
2x Hot Water Heaters, Gas Boiler, Gas Furnace, 1x Stove, 2x Refrigerators
Exclusions
Tenants belongings

Community

Postal area K7H

Population
16,175
Private dwellings
8,360
Median age
55.6
Average household size
2.2
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Perth · last 12 months

Median sold price
$509,000
Homes sold
93
Median days on market
22
Sale-to-list price
96.9%

Based on 93 recorded sales of commercial properties in Perth over the last 12 months.

Listed by

SOLID ROCK REALTY

Location

Commercial figures

Building area
2,578 sq ft
Price per sq ft
$193.91
Annual property tax
$2,887
Tax per sq ft
$1.12

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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