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 7.1% 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.
For sale
C$899,500
541 Aylmer St N, Peterborough, ON K9H 3W6
8beds
4baths
Triplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Individual baseboard electric heatingSeparate hot water tanks
- 36 days |
- 24 |
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