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$1,995,000
Available - For Sale
Listing ID: X12483650
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.
Price $1,995,000
Taxes: $6,813
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner+T
Address: 2228 Indian River Line , Otonabee-South Monaghan, K0L 2B0, Peterborough
Postal Code: K0L 2B0
Province/State: Peterborough
Directions/Cross Streets: Trans Canada Hwy & Indian River Line
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Building Percentage: T
Total Area: 3.8
Total Area Code:  Acres
Maintenance: 0
Heat Type: Electric Hot Water
Central Air Conditioning: No
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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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Income Required $ $ $ $

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

2228 Indian River Line , Otonabee-South Monaghan, K0L 2B0, Peterborough


 
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At a Glance:
Type: Com - Investment
Area: Peterborough
Municipality: Otonabee-South Monaghan
Neighbourhood: Otonabee-South Monaghan
Style:
Lot Size: x 547.00(Acres)
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Tax: $6,813
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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