ON > Peterborough
Peterborough, ON K0L 2B0,2228 Indian River Line
Peterborough, ON K0L 2B0,2228 Indian River Line
Peterborough, ON K0L 2B0,2228 Indian River Line
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Listed by Andrew Odoardi • EXP Realty Brokerage
$1,995,000
Est. payment /mo
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6,000 SqFt
New

2228 Indian River Line Peterborough, ON K0L 2B0

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Mico Radulovic

Mico Radulovic

+1(519) 722-3434

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $332

MLS Listing ID 40777751

Abv Grd Liv Area 6,000

Annual Tax Amount $6,813

Property Sub-Type Multi Family

Source Barrie

Property Description

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.

Location

Province ON

County Peterborough

Area Otonabee-South Monaghan

Zoning RR-12H

Direction Located just off the trans Canada Highway and a bit past the corner of Indian River Line

Rooms

Basement None

Kitchen 0

Interior

Interior Features Other

Heating Baseboard

Cooling Other

Fireplace No

Laundry Common Area

Exterior

Roof Type Asphalt Shing

Lot Frontage 298.04

Garage No

Building

Lot Description Irregular Lot, Other

Faces Located just off the trans Canada Highway and a bit past the corner of Indian River Line

Story 1

Sewer Septic Tank

Water Well

Structure Type Aluminum Siding

New Construction No

Others

Senior Community No

Tax ID 281700109

Ownership Freehold/None

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Mico Radulovic

Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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