198 Aylmer Street N, Peterborough, ON K9J 3K1

$799,900
: 8
BD
: 3
BA
: 1,500
SqFt

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List Price: $799,900
MLS#: X13866338
Status: ACTIVE
Type: Multifamily
SubType: Triplex
Style: Other
Bedrooms: 8
Bathrooms: 3
Living Area: 1500-2000
Province: ON
Municipality: Peterborough
Area: Peterborough
Neighborhood: Town Ward 3
Subdivision: Aylmer St N & Dalhousie Street

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Property Description

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. Buyer to conduct their own due diligence regarding development potential with the City of Peterborough. 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.

905.449.7653

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Additional Information

Taxes: $5,100
Heat Type: Baseboard
Heat Source: Electric
Air Conditioning: None
Kitchens: 4
Exterior: Vinyl Siding, Brick
Waterfront Type: None
Garage Type: None
Pool: None
Parking Spaces: 6
Parking Type: Private