Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

809 Nicholls Street, Peterborough, ON K9H 5T7 (Dumble Ave)
$ 1125000 - MLS : X13473228

From Our Gallery

Description

Here is a rare opportunity to acquire a well-maintained all-brick five self-contained units in Peterborough's north end. This investment property features five 2-bedroom units with a strong history of long-term tenancy and consistent rental income. Additional benefits include on-site parking, recently updated roof, separate hydro meters and coin-operated laundry. Current income provides immediate cash flow, while future rental upside offers potential for increased returns over time. Whether you're expanding an existing portfolio or entering the multi-residential market, this five-unit property presents an excellent opportunity in great location with a potential gross income of $79,860. Current rents (Apt 1- $1135) (Apt 2 -$1295) (Apt 3- $1650) (Apt 4 - $1175) (Apt 5- $1400) Situated on a corner lot with ample parking and close to schools, transit, shopping and amenities.

Location Description

Dumble Ave

Property Detail

Community: Northcrest Ward 5
Property Type: Tenant/Residential Freehold
Bedrooms: 10
Bath: 5
Garages: None
Annual Property Taxes : $ 7926

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Poured Concrete
Counstruction Material : Brick
Total Parking Space : 6
Parking Type : None

Amenities

Heating : OtherGas
Sewer : Sewer ,

Listing Contracted With: RE/MAX HALLMARK EASTERN REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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