226 Lake Street
Town Ward 3, Peterborough, K9J 3J1
FOR SALE
$699,900
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7
BEDROOMS 3
BATHROOMS 3
KITCHENS 16
ROOMS X13813468
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Property Description
Located a block from Little Lake and many amenities, this well-kept triplex combines 4 Aylmer, 6 Aylmer, and 226 Lake Street into one solid building. 6 Aylmer is a 3-bedroom, 1-bathroom unit with high ceilings, a large eat-in kitchen, a spacious living room, and updated windows in 2007. At the entrance it opens into a handy workshop/mudroom area-currently used by a great tenant of 40 years. It has solid bones and will just need basic paint and flooring whenever the tenant eventually moves out. 4 Aylmer Street is a fully renovated 2-bedroom upper unit that will be vacant soon. It features a new kitchen, new flooring, new bathroom, new windows and new door (2023), and washer/dryer hookups. 226 Lake Street is a 2-bedroom main-floor unit with plenty of recent updates, including new windows and doors (2019), flooring (2021), and an updated kitchen and bath in good shape. The building is clean and easy to manage, featuring a roof replaced in 2021, updated PEX plumbing, owned hot water heater in two units, and separate meters for gas, hydro, and water. Overall, it's a super clean, well-set-up property with reliable tenants.
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Property Features
Library, Marina, Place Of Worship, School Bus Route, Water Heater Owned, Available
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Property Details
Address
226 Lake Street
Community
City
Postal Code
K9J 3J1
Property Type
Triplex, Triplex
Zoning
C1
Lot Size
91' x 79'
Taxes
$5,422 (2026
Basement
Partial Basement
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Royal Lepage Frank Real Estate
Welcome to 284-288 Brock Street, a great opportunity for investors or buyers looking to offset their mortgage with rental income. This triplex features one spacious 4-bedroom unit and two 2-bedroom units. Both 2-bedroom units are currently occupied, providing immediate rental income, while the 4-bedroom unit is vacant and ready for immediate occupancy. Move into the larger unit and let the rental income help pay down your mortgage, or add the property to your investment portfolio and rent all three units. With a 6.7% cap rate, this property offers an attractive income opportunity. Additional features include storage units and on-site parking, adding convenience for both owners and tenants. A versatile property with income already in place and plenty of options for its next owner. A prelisting home inspection has been completed by AmeriSpec for your peace of mind. Floor plans and video tours are available for your convenience through the BROCHURE BUTTON on realtor.ca. Book your private showing today!
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