Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

541 Aylmer Street N, Peterborough, ON K9H 3W6 (Aylmer St N / McDonnell St)
$ 899500 - MLS : X12469716

From Our Gallery

Description

Located in the heart of Peterborough, this well-positioned fourplex offers strong immediate cash flow supported by reliable tenants. The property features a diverse unit mix consisting of one one-bedroom, two two-bedroom, and one three-bedroom unit, with the three-bedroom unit currently vacant and ready for lease at market rent. Once stabilized, the property is projected to achieve a 7.1% capitalization rate. Each suite operates on individual baseboard electric heating, with Unit 1 uniquely equipped with its own furnace. All units have separate hot water tanks, and hydro is separately metered, with sub-panels installed for Units 3 and 4. All tenants are responsible for their own utilities, minimizing operating costs and improving net performance.With its balanced unit mix, solid rental structure, and strong in-place income, this property represents a turnkey investment opportunity in a growing and well-established community, ideal for investors seeking dependable returns and long-term stability.

Location Description

Aylmer St N / McDonnell St

Property Detail

Community: Town Ward 3
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 5247

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Baseboard

Listing Contracted With: EXP REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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