Well-maintained 11-unit building featuring a mix of one-bedroom and bachelor apartments, priced at a 5.1% cap, generating nearly $160,000 annually with room for upside. Located just 15 minutes from Peterborough off the Trans-Canada Highway, offering quiet country living with easy city access. Updates include an 8-year-old roof, new fire-rated exterior doors, some newer windows, and a commercial hot-water tank under 10 years old. Heated by electric baseboard with hydro on one meter and potential to separate utilities for tenant billing. Quiet adult tenant base and a meticulously cared-for building make this a turnkey investment with excellent income stability and future upside. (41519211)
Cross Streets: Trans Canada Hwy & Indian River Line. ** Directions: Located just off the trans Canada Highway and a bit past the corner of Indian River Line.
Property Type
Multi-family
Building Type
Multi-Family
Annual Property Taxes
$6,813 (CAD)
Time on REALTOR.ca
49 days
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