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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$544,900
Available - For Sale
Listing ID: X8336240
485 Sherbrooke St , Unit 487, Peterborough, K9J 2P2, Ontario


Approximately 7% Cap and "Additional Residential Unit Potential". This side-by-side triplex has 2 one bedroom units at 485 that are currently vacant. Both have been freshly painted and are ready for new tenants at market rents. The landlord pays utilities on this side. 487 is a two storey, two bedroom unit, with long term tenants that would like to stay. They pay $982 plus heat, hydro, water and sewer, as well as yard maintenance. The property has plenty of potential, as the lot is 240 feet deep. This would potentially allow for additional Residential Units to be build out back. Great potential here for the investor, or live in one unit and rent the others. Home Inspection available and easy to show. (Potential Buyers to consult the City of Peterborough regarding any ARU potential)
Price $544,900
Taxes: $3859.52
Assessment: $251000
Assessment Year: 2023
Address: 485 Sherbrooke St , Unit 487, Peterborough, K9J 2P2, Ontario
Apt/Unit: 487
Lot Size: 48.84 x 240.00 (Feet)
Directions/Cross Streets: Park St N And Sherbrooke St
Rooms: 10
Rooms +: 1
Bedrooms: 4
Bedrooms +:
Kitchens: 3
Family Room: N
Basement: Unfinished
Approximatly Age: 100+
Property Type: Triplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 100+
Property Features: Campground, Hospital, Park, Place Of Worship, Public Transit, Rec Centre
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: Y
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FRANK REAL ESTATE
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Milad Akrami
Sales Representative
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647-678-7799
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647-678-7799
 
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At a Glance:
Type: Freehold - Triplex
Area: Peterborough
Municipality: Peterborough
Neighbourhood: Otonabee
Style: 2-Storey
Lot Size: 48.84 x 240.00(Feet)
Approximate Age: 100+
Tax: $3,859.52
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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