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514-516 Aylmer Street N Peterborough Central, Ontario K9H 3W5

3500 - 5000 sqft
Fireplace Forced Air

$999,900

An exceptional opportunity for investors, developers or builders! This R4-zoned property is completely VACANT, with demolition work already complete, situated in a very strong rental market. The heavy lifting has been taken care of, leaving you with a clean slate and endless possibilities for value creation. With strong income and ARV projections, the potential here is remarkable. Finish it easily as a high-yield rooming house or fourplex, complete a full multi-unit conversion, sever into two separate properties or start fresh with a brand-new build, the choice is yours. The location couldn't be better, in the heart of a high-growth city, steps to Peterborough Regional Health Centre and minutes from Fleming College, Trent University, Hwy 115, the planned GO Transit link, and the future 407 expansion. Opportunities like this, fully vacant, demo complete and in a rapidly growing market do not come around often. Bring your vision, execute your plan and unlock the full potential of this rare investment gem! (id:61852)

Property Details

MLS® Number X12343960
Property Type Multi-family
Community Name 3 North
AmenitiesNearBy Hospital, Public Transit, Place Of Worship, Schools, Park
ParkingSpaceTotal 4

Building

Age 100+ Years
Appliances Water Heater, Water Meter
BasementDevelopment Unfinished
BasementFeatures Separate Entrance
BasementType N/a (unfinished)
ExteriorFinish Brick
FireplacePresent Yes
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3500 - 5000 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Hospital, Public Transit, Place Of Worship, Schools, Park
Sewer Sanitary Sewer
SizeDepth 97 Ft ,10 In
SizeFrontage 44 Ft ,1 In
SizeIrregular 44.1 X 97.9 Ft
SizeTotalText 44.1 X 97.9 Ft
ZoningDescription R4

https://www.realtor.ca/real-estate/28731896/514-516-aylmer-street-n-peterborough-central-north-3-north

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Nick Humeniuk
Salesperson


Keller Williams Signature Realty, Brokerage
245 Wyecroft Rd - Suite 4a
Oakville, Ontario L6K 3Y6

Jake Novis
Salesperson


Keller Williams Signature Realty, Brokerage
245 Wyecroft Rd - Suite 4b
Oakville, Ontario L6K 3Y6

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