$2,395,000^{FOR SALE}

Investment

Lot: 132 x 294 ft
2023 Taxes: $20,971

480-484 Weller St
Peterborough, ON K9H 2N6 | Downtown

This coveted Morrow Estate contains 12 apartment units and over 10,000 sq ft of finished space with solid Cash Flow in place and easily financeable with CMHC or conventional with attractive terms. Lots of room for improvement on the property and with gross income allowing the opportunity for a traditional value-add strategy (BRRR). You'll be proud to own this trophy property on prestigious Weller Ave., highly sought after by tenants and residents of Peterborough's historic West End.

Extras

Surface parking for 14 cars.

Listed By	ROCK STAR REAL ESTATE INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X8133722
Last Updated	Apr 14, 2024

Property Summary

Property Type	Investment More like this: Peterborough Investment for Sale
Use	Apartments - 6 to 12 Units
Category	Apartment
PIN	280850232
Legal Description	PT LTS 3 & 4 PL 49 (PETERBOROUGH) & PT LT 4 PL 25 (PETERBOROUGH) AS IN R367882 ; PETERBOROUGH
Occupancy	Tenant
Possession Date	Flexible
Taxes (2023)	$20,971
Tax Type	Annual
Directions/Cross Streets	Park St. N.
Neighbourhood	Downtown
Area	Peterborough

Price History

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Detailed Information

Freestanding	Y
Bathrooms	13
Lot	132 x 294 ft
Lot Irregularities	Irregular Shape
Approximate Age	100+
Air Conditioning	N
Basement	N
Garage Type	Single Detached
Heat Type	Radiant
% Building	100
Area Influences	Public Transit
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	R1
Seller Property Info Statement	N

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480-484 Weller St, Peterborough, ON K9H 2N6

Investment

480-484 Weller St Peterborough, ON K9H 2N6 | Downtown

480-484 Weller St
Peterborough, ON K9H 2N6 | Downtown