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1 Sherbrooke Street

Perth, ON K7H 1A1

ActiveFor Sale
0 Beds
0 Baths
45,000 Sq Ft
2 Lot Sq Ft
Commercial
Virtual Tour Available

About This Property

Just steps from Perth's historic downtown, The Old Perth Shoe Factory offers 45,000 sq. ft. of beautifully restored mixed-use commercial space. Built in 1905, this architecturally significant landmark once served as a cornerstone of Perth's industrial heritage and has been thoughtfully transformed into a vibrant hub for modern commerce. Its exposed brick walls, polished concrete floors, and soaring ceilings highlight the building's timeless character and craftsmanship. Several stable tenants are in place, providing immediate income, with four additional spaces - including two on the ground floor - available for lease to enhance returns. Supported by strong local demand and long-term rental potential, this is a great mid-sized commercial opportunity offering turnkey stability, income growth, and enduring historic charm in one exceptional property.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size45,000 sq ft
Lot Size2 sq ft
Bedrooms0
Bathrooms0
Postal CodeK7H 1A1
Last UpdatedAug 8, 2026 · 7:00 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12470255

Listed by REAL BROKER ONTARIO LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$5,400,000

asking price

MLS®X12470255
TypeCommercial
CityPerth
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$26,369

/month · $4,320,000 mortgage

Down Payment20% — $1,080,000
Interest Rate5.5%

Amortization

Total Interest

$3,590,674

Total Cost

$7,910,674

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

REAL BROKER ONTARIO LTD.