For Sale - 514-516 Aylmer Street, Peterborough, Ontario

Est payment $4,709/mo
Views   1
Time on Jump  10 day
  • R4-zoned property fully vacant, ready for new development or renovation.
  • Demolition work is complete, providing a clean slate for projects.
  • Located in a strong rental market with high income potential.
  • Close to hospitals, colleges, major highways, and transit links.
  • Versatile options for multi-unit conversions or brand-new builds.



An exceptional opportunity for investors, developers or builders! This r4-zoned property is completely vacant, with demolition work already complete, situated in a very strong rental market. The heavy lifting has been taken care of, leaving you with a clean slate and endless possibilities for value creation. With strong income and arv projections, the potential here is remarkable. Finish it easily as a high-yield rooming house or fourplex, complete a full multi-unit conversion, sever into two separate properties or start fresh with a brand-new build, the choice is yours. The location couldn't be better, in the heart of a high-growth city, steps to peterborough regional health centre and minutes from fleming college, trent university, hwy 115, the planned go transit link, and the future 407 expansion. Opportunities like this, fully vacant, demo complete and in a rapidly growing market do not come around often. Bring your vision, execute your plan and unlock the full potential of this rare investment gem!
Listing IDX12574168
Address514-516 Aylmer Street
CityPeterborough, Ontario
Price$949,900
Style2-Storey, Fourplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features Water Heater, Water MeterAmenities Hospital, Park, Place Of Worship, Public Transit, SchoolOwnership FreeholdBasement Separate Entrance, UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  Keller Williams Edge Realty
Hospital
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Place of Worship
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514-516 Aylmer Street
Peterborough , Ontario
$949,900
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