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$ 669,000
Est. payment | /mo
1,738 SqFt
$ 669,000
Est. payment | /mo
1,738 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,738 sqft
Price per Sqft $384
MLS Listing ID X9360265
Annual Tax Amount $3,720
Tax Year 2023
Property Description
Prime investment opportunity awaits. This legal 7 bedroom, 2 bath, house is a 5 minute walk to Trent University and sits across from the River and beautiful parkland. It includes full-size living/dining room, huge kitchen and ample size bedrooms with a huge yard (for possible future dwellings) and 2 driveways to park 6 cars. The local bus stops right in front of the house. Great Investment with a 5.70% cap. ROI at 8.44% with 35% down. Detached homes in the area average 3.75% appreciation over last 5 years.
Location
Province ON
County Peterborough
Area Northcrest
Interior
Cooling No
Exterior
Garage Spaces 6.0
Utilities Available Available
Parking Type Outside/Surface
Listed by KELLER WILLIAMS ADVANTAGE REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN