831 Park Street S
Peterborough (Otonabee), Ontario K9J3V1

4 beds · 3 baths · null

Attention investors! Very well maintained and renovated legal triplex in the South central location of Peterborough! Building consists of two spacious 1 bedroom units and one large 2 bedroom unit. A total of 3 separate units that offer lots of privacy. Tenants pay for separately metered heat and hydro, newer furnaces in 2 units installed in 2022, first floor apartment renovated, and many exterior updates. The basement is set up for shared laundry and offers additional storage if desired. Outdoor living space is well landscaped and maintained. Garden shed available for extra storage. Lots of parking space available. This is a great turn key income generating property in a prime location. Current gross rental income around $47,000.00/annual. All units are tenanted by very cooperative tenants. (id:39198)

Facts & Features

Building Type Triplex

Year built

Square Footage

Stories 2

Bedrooms 4

Bathrooms 3

Parking 4

NeighbourhoodOtonabee

Land size 42.83 x 96 FT

Heating type Forced air

Basement typeN/A (Unfinished)

Parking Type

Time on REALTOR.ca2 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: RED HOUSE REALTY

Powered by: REALTOR.ca

Home price

$679,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$6,176 / month

Rent $5,462

Savings $714

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$5,443 / month

Rent $5,295

Savings $149

Initial deposit 5%

Savings target Fixed at 5%

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