514-516 Aylmer Street North, Peterborough (Town Ward 3), Ontario, K9H3W5




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$749,000
Peterborough
This multi-family property in Peterborough is for sale offering roughly 4,250 sq ft of space. It has been on the market 19 days, fresher than the Peterborough average of 61 days.
A rare chance to take the next step on a centrally located Peterborough redevelopment project. Offered in shell condition, 514 + 516 Aylmer St N gives a builder, investor or hands-on operator the opportunity to finish the work, shape the final product and create value through their own execution.A two-storey with unfinished attic has had visible exterior and interior work already been completed, creating a strong starting point for the next phase. The site lends itself to a thoughtful multi-unit vision, whether the goal is a finished rental asset, a tailored redevelopment plan or a long-term hold in a central Peterborough location.Close to Peterborough Regional Health Centre, downtown amenities, transit routes and key commuter connections, this is an opportunity for a buyer who sees the upside in completing a project rather than starting from scratch. Bring your plans, your team and your vision. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 19 days on market, against an average age of 61 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 multi-family in Peterborough (Town Ward 3) has been listed for 19 days, which is 42 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $749,000, about 11.7× the local median household income of $64,000.
Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 129% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9H)
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Loading rates, 30-yr amortization
Cash Needed to Close
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