Well-maintained 11-unit building featuring a mix of one-bedroom and bachelor apartments, priced at a 5.1% cap, generating nearly $160,000 annually with room for upside. Located just 15 minutes from Peterborough off the Trans-Canada Highway, offering quiet country living with easy city access. Updates include an 8-year-old roof, new fire-rated exterior doors, some newer windows, and a commercial hot-water tank under 10 years old. Heated by electric baseboard with hydro on one meter and potential to separate utilities for tenant billing. Quiet adult tenant base and a meticulously cared-for building make this a turnkey investment with excellent income stability and future upside.
EXP Realty Brokerage
$1,995,000
2228 Indian River Line, Peterborough, Ontario
0 Bedrooms
6000 Sqft
Property
MLS® Number: 40777751
Address: 2228 Indian River Line
City: Peterborough
Exterior: Aluminum Siding
Utilities
Heating: Baseboard
Parking
Parking Spaces: 12
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Property Sale History
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