541 AYLMER STREET N, Peterborough (Town Ward 3)

$679,999

For sale: Multiplex

Property type

Fourplex

Bedrooms / bathrooms

8 bedrooms, 4 bathrooms

Living area

5,000 sqft

MLS®

MLS® X13579728

Neighbourhood

Town Ward 3

Attention Investors! Exceptional opportunity to acquire a purpose-built fourplex in the heart of Peterborough with significant upside potential. The property features four self-contained units, consisting of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit, offering excellent flexibility for investors or owner-occupants.Currently, one unit is leased for $1,750 per month, with the remaining units vacant, providing the opportunity to lease at current market rents or occupy one unit while generating rental income from the others.Each unit features separate electric baseboard heating, with Unit 1 also benefiting from its own forced-air furnace. The property is separately metered for hydro, with sub-panels servicing Units 3 and 4, allowing tenants to pay their own utilities and helping to minimize operating expenses.Ideally located close to schools, shopping, public transit, parks, and all major amenities, this property offers strong income potential and an excellent opportunity to build long-term equity in a growing rental market. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this is a property you won't want to miss.Book your private showing today!