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271 Thomas St 12 Unit Apartment Building $999,500 CAD ($83,292 CAD/Unit) 8.50% Cap Rate Peterborough, ON K9J 5E7



Investment Highlights
- Turnkey rental property
- Located in a walkable and bike-friendly area near public transit and parks
- Excellent cash flow opportunity
Executive Summary
Fully renovated, turnkey licensed Large Rental Dwelling with 12 sparkling rental rooms. Projected NOI approx. $85,000. Excellent opportunity to own a fully renovated and upgraded, licensed Large Rental Dwelling with strong income and quality tenants. This clean, well-managed side-by-side duplex has been modernized top to bottom, including 100% new flooring, updated kitchens, renovated bathrooms, and numerous additional upgrades throughout. Each side offers 6 bedrooms, 2 full baths, a full kitchen, and an unfinished basement with laundry. Rent includes utilities, laundry, and internet. Some rooms come fully furnished. See Documents for list of inclusions and recent upgrades since August 2022. One side also includes an unfinished room with potential to create a 13th bedroom for increased revenue. Forced-air gas and central a/c both sides. Excellent cash flow. Don't miss this opportunity!
Property Facts
1 1
Moderately walkable
70/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
60/100
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271 Thomas St
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