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$799,900
Peterborough
198 Aylmer Street North, Peterborough (Town Ward 3), Ontario, K9J3K1
This multi-family property in Peterborough is for sale offering roughly 1,750 sq ft of space. It has been on the market 30 days, fresher than the Peterborough average of 60 days.
CALLING ALL INVESTORS! Unlock the potential of this vacant, one family-owned triplex, offering investors the opportunity to establish their own rent from day one. Each of the three units features 2 bedrooms and 1 bathroom, perfect layout for capturing your ideal tenants. One unit has already been updated, while the remaining two offer untapped potential for investors to add further value to the building. With the property being vacant, you have the flexibility to determine your own rents. Conveniently located to public transit, shopping and walking distance to City amenities. Adding further potential, R3 zoning permits up to 8 units, the lot may offer opportunities for additional units or future development, subject to zoning, City approvals and required permits. A rare opportunity to acquire a vacant triplex with three 2-bedroom units, with a mix of existing updates, opportunity to add further value potential and the flexibility to shape the property to your investment vision. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 30 days on market, against an average age of 60 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This 6-bed multi-family in Peterborough (Town Ward 3) has been listed for 30 days, which is 30 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $799,900, about 11.0× the local median household income of $72,500.
Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 116% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9J)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.