ON > Peterborough (town Ward 3) > Town Ward 3
Peterborough (town Ward 3), ON K9H3W6,541 AYLMER STREET N
Peterborough (town Ward 3), ON K9H3W6,541 AYLMER STREET N
Peterborough (town Ward 3), ON K9H3W6,541 AYLMER STREET N
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$899,500
Est. payment /mo
4,356 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Town Ward 3

MLS® Listing ID X12469716

Lot Size 4,356 Sqft

Acres 0.1

Source Toronto Regional Real Estate Board

Property Description

Located in the heart of Peterborough, this well-positioned fourplex offers strong immediate cash flow supported by reliable tenants. The property features a diverse unit mix consisting of one one-bedroom, two two-bedroom, and one three-bedroom unit, with the three-bedroom unit currently vacant and ready for lease at market rent. Once stabilized, the property is projected to achieve a 7.1% capitalization rate. Each suite operates on individual baseboard electric heating, with Unit 1 uniquely equipped with its own furnace. All units have separate hot water tanks, and hydro is separately metered, with sub-panels installed for Units 3 and 4. All tenants are responsible for their own utilities, minimizing operating costs and improving net performance.With its balanced unit mix, solid rental structure, and strong in-place income, this property represents a turnkey investment opportunity in a growing and well-established community, ideal for investors seeking dependable returns and long-term stability. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Cooling None

Exterior

Parking Features No

View Y/N No

Private Pool No

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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