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$899,500
Available - For Sale
Listing ID: X12469716
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.
Price $899,500
Taxes: $5,247
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 541 Aylmer Street North , Peterborough, K9H 3W6, Peterborough
Postal Code: K9H 3W6
Province/State: Peterborough
Legal Description: PT LT 8, SOUTH OF LONDON STREET AND WEST
Directions/Cross Streets: Aylmer St N / McDonnell St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: .1
Total Area Code:  Acres
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: No
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EXP REALTY

541 Aylmer Street North , Peterborough, K9H 3W6, Peterborough

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Investment
Area: Peterborough
Municipality: Peterborough
Neighbourhood: Town Ward 3
Style:
Lot Size: x 114.16(Acres)
Approximate Age:
Tax: $5,247
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949