2228 Indian River Line

Peterborough, ON K0L 2B0
  • $1,995,000

    Price
  • 0

    Bed
  • Bath
  • 6,000

    SqFt

About the Listing BD106430 - BD112737,WR60589

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.

Listing Highlights for 2228 Indian River Line

Status Active
Days on Site 8
Property Type Multi-Family
MLS ® 40777751
Year Built
Total Square Footage 6,000
Lot/Acreage 298.04 x 0

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 6000
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Well

Exterior Details

  • Lot Description: Irregular Lot
  • Garage Capacity: N/A
  • Parking Spaces: 12
  • Lot Dimensions: 298.04 x 0
  • Zoning: RR-12H
  • Roof: Asphalt Shing
  • Others:
  • Sewer: Septic Tank
  • Parking Features: Private Drive Double Wide

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 281700109
  • Tax Year: N/A

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2228 Indian River Line Peterborough, ON K0L 2B0

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Originating MLS: Barrie

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