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$1,099,000
Est. payment /mo
8 Beds
6 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $314
Subdivision Wellington
MLS® Listing ID S12227623
Bedrooms 8
Half Baths 2
Source OnePoint Association of REALTORS®
Property Description
Welcome to 3 Peel Street, a unique and versatile property offering strong income potential in a sought-after downtown location. Situated on a spacious corner lot,this legal 4-plex also includes a detached carriage house, offering a total of 5 self-contained units, all within walking distance to the library, farmers market,transit, and local amenities. The focal point is a red brick century home full of character, featuring distinctive gable details and timeless curb appeal. Inside,the property blends historic charm with functional living across multiple rental units. Unit 1, on the main floor, is a generous 3-bedroom suite with a separate powder room and a dedicated bath/shower room. Unit 2, in the detached carriage house, offers two bedrooms, a living room, kitchen, and a 4-piece bathroom, ideal for tenants seeking added privacy. Unit 3 is a 1- bedroom with new flooring and a refreshed 3-piece bathroom. Unit 4 is a spacious 1-bedroom with an eat-in kitchen,separate living room, full 4-piece bathroom, and fresh paint with new floors. Unit 5 features one bedroom, a galley-style kitchen, separate living room, and a 3-piece bath. Recent upgrades include electrical and plumbing inspections, a new pressure booster for the water system, and two new rental hot water heaters. The property offers parking for six vehicles and garage space for tenant storage. Witht hree of the five units currently vacant, this is a prime opportunity to set new rental rates and maximize return. (id:24570)
Location
Province ON
Rooms
Kitchen 5.0
Extra Room 1 Second level 1.92 m X 3.79 m Dining room
Extra Room 2 Second level 3.08 m X 3.7 m Living room
Extra Room 3 Second level 2.26 m X 3.49 m Bedroom
Extra Room 4 Second level 4.36 m X 2.49 m Kitchen
Extra Room 5 Second level 4.99 m X 4.62 m Living room
Extra Room 6 Second level 2.95 m X 3.74 m Bedroom
Interior
Heating Radiant heat
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
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Listed by Royal LePage Locations North