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541 Aylmer Street N Peterborough (Town Ward 3), Ontario K9H 3W6

8 Bedroom 4 Bathroom 3500 - 5000 sqft
Fireplace None Baseboard Heaters, Forced Air

$679,999

Attention Investors! Exceptional opportunity to acquire a purpose-built fourplex in the heart of Peterborough with significant upside potential. The property features four self-contained units, consisting of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit, offering excellent flexibility for investors or owner-occupants.Currently, one unit is leased for $1,750 per month, with the remaining units vacant, providing the opportunity to lease at current market rents or occupy one unit while generating rental income from the others.Each unit features separate electric baseboard heating, with Unit 1 also benefiting from its own forced-air furnace. The property is separately metered for hydro, with sub-panels servicing Units 3 and 4, allowing tenants to pay their own utilities and helping to minimize operating expenses.Ideally located close to schools, shopping, public transit, parks, and all major amenities, this property offers strong income potential and an excellent opportunity to build long-term equity in a growing rental market. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this is a property you won't want to miss.Book your private showing today! (id:56087)

Property Details

MLS® Number X13579728
Property Type Multi-family
Community Name Town Ward 3
Equipment Type Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Total 8
Age 100+ Years
Amenities Separate Electricity Meters
Appliances Dryer, Stove, Washer, Refrigerator
Basement Development Partially Finished
Basement Type N/a (partially Finished)
Cooling Type None
Exterior Finish Brick Veneer
Fireplace Present Yes
Foundation Type Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 3
Size Interior 3500 - 5000 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 114 Ft ,2 In
Size Frontage 39 Ft
Size Irregular 39 X 114.2 Ft
Size Total Text 39 X 114.2 Ft
Zoning Description R4

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30051328/541-aylmer-street-n-peterborough-town-ward-3-town-ward-3