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514 Aylmer St N - 514-516 Aylmer Street 4 Unit Apartment Building Offered at $949,900 CAD Peterborough, ON K9H 3W5

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INVESTMENT HIGHLIGHTS

  • Vacant
  • 4-Plex, Rooming House, or convert to 8-10 Units
  • Ready for conversion and deveopment

EXECUTIVE SUMMARY

An exceptional opportunity for investors, developers or builders! This R4-zoned property is completely VACANT, with demolition work already complete, situated in a very strong rental market. The heavy lifting has been taken care of, leaving you with a clean slate and endless possibilities for value creation. With strong income and ARV projections, the potential here is remarkable. Finish it easily as a high-yield rooming house or fourplex, complete a full multi-unit conversion, sever into two separate properties or start fresh with a brand-new build, the choice is yours. The location couldn't be better, in the heart of a high-growth city, steps to Peterborough Regional Health Centre and minutes from Fleming College, Trent University, Hwy 115, the planned GO Transit link, and the future 407 expansion. Opportunities like this, fully vacant, demo complete and in a rapidly growing market do not come around often. Bring your vision, execute your plan and unlock the full potential of this rare investment gem!

PROPERTY FACTS

Price $949,900 CAD
Price Per Unit $237,475 CAD
Sale Type Investment
Sale Conditions
Build to Suit
  • Redevelopment Project
  • Building in Shell Condition
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
  • Multifamily Dormitory
Apartment Style Low-Rise
Construction Status Under Renovation
Building Size 3,608 SF
Average Occupancy 0%
No. Stories 3
Year Built 1885
Parking Ratio 1.11/1,000 SF
Zoning R4
Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37371506

  • Date on Market: 2025-08-21

  • Last Updated:

  • Address: 514 Aylmer St N, Peterborough, ON K9H 3W5

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