• 416-845-9558
  • estateofchoice@gmail.com
Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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3246 County Road 2 Road, ...

Peterborough, K0L 2G0
  • - Bedrooms
  • - Garage
  • 8 Bathroom
Start From
$ 1,350,000
For Sale

Descripation

5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. All Commercial Spaces are currently vacant providing opportunities to set market rents, or reconfigure for into more strategic spaces. The property also includes an unused section of land measuring approximately 66' x 223' with multiple options as per C6 Zoning - view attachments for future development opportunities. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200+ annually. Ample parking is available. Factor in the low-maintenance ownership, streamlined utilities, established rental income, low property taxes, and multiple value-add opportunities, and you have an exceptional investment property offering immediate income, potential for future growth, and development opportunities.

Essential Information

  • Price: $1350000
  • For: Commercial
  • Property Types: Investment
  • Area: SQFT
  • Country: CA
  • City: Otonabee-South Monaghan
  • Garages:
  • Bedrooms:
  • Bathrooms: 8
  • Fronting On:
  • Listing ID: X14117642
  • Cross Street: County Rd 2 & Heritage Line
  • Annual Property Tax: $ 8058.37
  • Lot Size:
  • Listing Brokerage: Royal Service Real Estate Inc.

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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