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541 Aylmer Street N Peterborough, Ontario K9H 3W6

8 Bedroom 4 Bathroom 3500 - 5000 sqft
Fireplace None Baseboard Heaters

$975,000

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 6.4% cap-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:61852)

Property Details

MLS® Number X12469712
Property Type Multi-family
Community Name Town Ward 3
EquipmentType Water Heater
ParkingSpaceTotal 5
RentalEquipmentType Water Heater

Building

BathroomTotal 4
BedroomsAboveGround 8
BedroomsTotal 8
Age 100+ Years
Amenities Separate Electricity Meters
Appliances Dryer, Stove, Washer, Refrigerator
BasementDevelopment Partially Finished
BasementType N/a (partially Finished)
CoolingType None
ExteriorFinish Brick Veneer
FireplacePresent Yes
FoundationType Concrete
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 3
SizeInterior 3500 - 5000 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeIrregular 39 X 114.2 Acre
SizeTotalText 39 X 114.2 Acre
ZoningDescription R4

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29005708/541-aylmer-street-n-peterborough-town-ward-3-town-ward-3

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Sestino Kazimierz Christian Vinelli
Salesperson


Exp Realty

Andrew Odoardi
Salesperson


Exp Realty

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