Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$1,995,000

Otonabee-South Monaghan ON, K0L 2B0

MLS® # X12483650

Property Information:

Well-maintained 11-unit building featuring a mix of one-bedroom and bachelor apartments, priced at a 5.1% cap, generating nearly $160,000 annually with room for upside. Located just 15 minutes from Peterborough off the Trans-Canada Highway, offering quiet country living with easy city access. Updates include an 8-year-old roof, new fire-rated exterior doors, some newer windows, and a commercial hot-water tank under 10 years old. Heated by electric baseboard with hydro on one meter and potential to separate utilities for tenant billing. Quiet adult tenant base and a meticulously cared-for building make this a turnkey investment with excellent income stability and future upside. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 4 ac
  • Heating Type:
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances: Dryer

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 4 Square Feet
  • Zoning: RR-12H

Courtesy of: EXP REALTY

REALTOR.ca  

More Detail
Less Detail

⚠ Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 2228 INDIAN RIVER LINE, Otonabee-South Monaghan, Ontario, K0L 2B0

Demographic Information of 2228 INDIAN RIVER LINE, Otonabee-South Monaghan, Ontario, K0L 2B0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$119,000.00

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.83 %

High school certificate or equivalent

26.6 %

Apprenticeship trade certificate/diploma

13.83 %

College/non-university certificate

30.85 %

University Degree

14.89 %

Commuter

Travel To Work

By Car

80.0 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

20.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.38 %

Houses

97.62 %

Own Vs. Rent

More Detail
Less Detail