Get access to recent sales data and market insights for this area
Sign in to see additional details, transaction history, and recent solds in the same area.
Please enter your email address below to receive a secure sign-in link.
$899,500
For Sale
541 Aylmer Street N, Peterborough, ON K9H 3W6
Peterborough, ON K9H 3W6
Property Sub Type
Investment
Property Type
Commercial
Property Use
Apartment
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.
