Investors, Developers And Builders, The Price Is Right: This R4-zoned property is completelyVACANT. All The Heavy Lifting is complete, Including Demolition And Total Cleanup. This incredible Opportunity Is Located In A Fabulous School-Centric Rental Market. This Is A White Canvas Ready For You To Create The Highest And Best Use. There Are Several Multi-Unit Setups Possible, And Strong Income Projections. Build It As A High-Yield Rooming House Or Fourplex, It Could Be Executed As A Multi-Unit Conversion, Or You Can Sever This Site Into Two SeparateAddresses. This Site Can Also Be Easily Restarted With A Brand New Build. The Location Is Prime, In The Heart Of Peterborough, Steps To Peterborough Regional Health Centre And Very Close To Fleming College, Trent University, Hwy 115, The Planned GO Transit Link, And The Future 407 Expansion. This Site Is Fully Vacant, Demo Complete, And In A Growing Market. ThisIs A Very Rare Find. Bring Your Vision, A Strong Plan And Level Up The Potential Of This Powerful Investment Opportunity.
Address
514-516 Aylmer Street N
List Price
$798,999
MLS® Status
New
Expiration Date
2026-06-27
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Peterborough
Sub-Area
Town Ward 3
Floor Area
3500-5000 Sq. Ft.
Lot Depth
97.91
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
44.06
Parcel Number
281060041
Occupant Type
Vacant
Cross Street
McDonnel and Aylmer
Approx. Age
100+ Years
MLS® Number
X12927746
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Basement Area
Separate Entrance
Postal Code
K9H 3W5
Posession Details
Short closing
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$5,131.00
Tax Year
2025
Interior Features
On Demand Water Heater
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Electric
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick
Direction Faces
East
Fireplace
No
Foundation Details
Block
Garage
No
Garage Type
None
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 8 PL 3 TOWN OF PETERBOROUGH; PT LT 9 PL 3 TOWN OF PETERBOROUGH AS IN R470129, EXCEPT THE EASEMENT THEREIN; PETERBOROUGH CITY
Topography
Dry, Flat
Water Source
Water System
Waterfront
No
Sewer
Sewer
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