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$1,299,000
Available - For Sale
Listing ID: X11993786
This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating investment opportunity. Conveniently located near amenities, schools, and public transportation, the property features a desirable unit mix of four 2-bedroom apartments and two 1-bedroom apartments, all of which are currently rented. Tenants are responsible for their own electric heating, keeping utility expenses low for the owner. The building offers practical amenities, including in-building laundry, four lockers designated for the 2-bedroom units, and in-unit storage for one of the 1-bedroom units. With surface parking available, tenants benefit from 12 dedicated parking spots. Additionally, the property holds strong investment potential, with a preliminary plan in place for possibility of constructing another residential building that would mirror the existing structure.Buyer and buyer's agent to do their own due diligence . Situated in a developing neighborhood, this property offers long-term growth and appreciation potential, further enhancing its value as a strategic real estate investment.
Price $1,299,000
Taxes: $3,888.02
Tax Type: Annual
Occupancy by: Tenant
Address: 36 Victoria Stre , Asphodel-Norwood, K0L 2V0, Peterborough
Postal Code: K0L 2V0
Province/State: Peterborough
Legal Description: PT LT O PL 6 NORWOOD PT 2 & 3 45R2301 &
Directions/Cross Streets: Victoria street ,Elm Street & Trans-Canada HWY
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: .75
Total Area Code:  Acres
Financial Statement: T
Franchise: F
Maintenance: 0
Heat Type: Electric Forced Air
Central Air Conditioning: No
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 INNOVATIVE REALTY INC.

36 Victoria Stre , Asphodel-Norwood, K0L 2V0, Peterborough


 
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Type: Com - Investment
Area: Peterborough
Municipality: Asphodel-Norwood
Neighbourhood: Norwood
Style:
Lot Size: 77.14 x 0.00(Feet)
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Tax: $3,888.02
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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