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$ 679,999
Est. payment | /mo
8 Beds
4 Baths
$ 679,999
Est. payment | /mo
8 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Town Ward 3
MLS Listing ID X13579728
Style 3-Storey
Bedrooms 8
Annual Tax Amount $5,247
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Attention Investors! Exceptional opportunity to acquire a purpose-built fourplex in the heart of Peterborough with significant upside potential. The property features four self-contained units, consisting of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit, offering excellent flexibility for investors or owner-occupants.Currently, one unit is leased for $1,750 per month, with the remaining units vacant, providing the opportunity to lease at current market rents or occupy one unit while generating rental income from the others.Each unit features separate electric baseboard heating, with Unit 1 also benefiting from its own forced-air furnace. The property is separately metered for hydro, with sub-panels servicing Units 3 and 4, allowing tenants to pay their own utilities and helping to minimize operating expenses.Ideally located close to schools, shopping, public transit, parks, and all major amenities, this property offers strong income potential and an excellent opportunity to build long-term equity in a growing rental market. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this is a property you won't want to miss.Book your private showing today!
Location
Province ON
County Peterborough
Area Peterborough
Zoning r4
Rooms
Basement Partially Finished
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling None
Inclusions 4 Refrigerators, 4 Stoves, 1 Washer, 1 Dryer
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 5
Building
Building Age 100+
Foundation Concrete
Lited by RIGHT AT HOME REALTY
Nearby Locations