198 Aylmer Street
Town Ward 3, Peterborough, K9J 3K1
FOR SALE
$799,900
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4 + 2
BEDROOMS 3
BATHROOMS 2 + 1
KITCHENS 16
ROOMS X13866338
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Property Description
CALLING ALL INVESTORS! Unlock the potential of this vacant, one family-owned triplex, offering investors the opportunity to establish their own rent from day one. Each of the three units features 2 bedrooms and 1 bathroom, perfect layout for capturing your ideal tenants. One unit has already been updated, while the remaining two offer untapped potential for investors to add further value to the building. With the property being vacant, you have the flexibility to determine your own rents. Conveniently located to public transit, shopping and walking distance to City amenities. Adding further potential, R3 zoning permits up to 8 units, the lot may offer opportunities for additional units or future development, subject to zoning, City approvals and required permits. A rare opportunity to acquire a vacant triplex with three 2-bedroom units, with a mix of existing updates, opportunity to add further value potential and the flexibility to shape the property to your investment vision.
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Property Features
Level, Public Transit, Place Of Worship, Separate Hydro Meter, Private
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Property Details
Address
198 Aylmer Street
Community
City
Postal Code
K9J 3K1
Property Type
Triplex, Triplex
Zoning
R1, R2, R3
Lot Size
76' x 116'
Acreage
0.2 Feet
Taxes
$5,101 (2026
Basement
Finished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Century 21 United Realty Inc.
Charming Bright Downtown, Old West End Triplex. Extensively renovated throughout. Walking distance to downtown, trails, parks and churches. Fully rented. Main level, 2 bedroom, totally renovated, new flooring, doors, trim, light fixtures, paint, kitchen, bathroom, appliances. 2nd level unit- extensively renovated, new flooring, paint. Access to back deck. 3rd floor- one bedroom, kitchen, living room, and den- new flooring and freshly painted. New sprinkler system & fire alarm system. New carpeting in all hallways & stairwells. All exterior doors-fire rated steel framed. Interior unit entrance doors- fire rated. New fire shutters on 2nd and 3rd floor kitchen windows. All windows updated. Fire escape off of the back of the building. New trex front porch new railing. Mutual drive to 3 parking spots. Basement-laundry room, furnace room (lots of storage). Landlord pays heat, water, sewer cost.
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