Jag Patel
Broker
$1,350,000
Available - For Sale
Listing ID: X14117642
3246 County Road 2 Road , Otonabee-South Monaghan, K0L 2G0, Peterborough
| 5 residential units, 4 office spaces, and 2 retail spaces, offering a diverse mix of income-generating opportunities. All Commercial Spaces are currently vacant providing opportunities to set market rents, or reconfigure for into more strategic spaces. The property also includes an unused section of land measuring approximately 66' x 223' with multiple options as per C6 Zoning - view attachments for future development opportunities. The 5 rented apartments generate $91,740 in annual rental income, with the vacant office and retail spaces offering an estimated $43,200+ annually. Ample parking is available. Factor in the low-maintenance ownership, streamlined utilities, established rental income, low property taxes, and multiple value-add opportunities, and you have an exceptional investment property offering immediate income, potential for future growth, and development opportunities. |
| Price | $1,350,000 |
| Taxes: | $7765.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 3246 County Road 2 Road , Otonabee-South Monaghan, K0L 2G0, Peterborough |
| Postal Code: | K0L 2G0 |
| Province/State: | Peterborough |
| Directions/Cross Streets: | County Rd 2 & Heritage Line |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 1.02 |
| Total Area Code: | Acres |
| Washrooms: | 8 |
| Outside Storage: | T |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Partial |
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| Royal Service Real Estate Inc. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Peterborough |
| Municipality: | Otonabee-South Monaghan |
| Neighbourhood: | Otonabee-South Monaghan |
| Tax: | $7,765 |
| Baths: | 8 |
| Fireplace: | N |
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