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$ 624,900
Est. payment | /mo
7 Beds
3 Baths
$ 624,900
Est. payment | /mo
7 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Town Ward 3
MLS Listing ID X14119430
Style 2 1/2 Storey
Bedrooms 7
Annual Tax Amount $5,060
Tax Year 2026
Property Sub-Type Duplex
Property Description
Attention all savvy investors in the Peterborough area, Do not delay in getting out to see this massive brick 2 1/2 Story building north of Downtown and one property in from George Street and Transit to Trent University. The property has operated as a Residential Group Home with supporting offices for the past 20 years, but is zoned as a Duplex with two hydro meters and two separate entrances. Easily converted back and could be two 3 Bedroom Units. This could also be a great opportunity to operate student housing, with multiple bedrooms (7) and common areas, and three bathrooms. Parking for up to 4 cars at the rear of the building. Location would allow an easy walk into downtown for shopping and entertainment, with Transit Lines running north and south within a 100 meters of the property. The building has updated fire inspections from the City of Peterborough. The property is vacant and ready for immediate possession. The upper unit for a duplex will need an update to the kitchen as it was not used for the previous two decades of use. Come let your imagination bring this property to its full value as a prime investment to your portfolio.
Location
Province ON
County Peterborough
Area Peterborough
Rooms
Family Room Yes
Basement Unfinished
Kitchen 1
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Mutual
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle,Flat
Lot Frontage 57.0
Lot Depth 100.0
Total Parking Spaces 5
Building
Foundation Stone
Others
ParcelsYN No
Listed by RE/MAX Jazz INC.
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