- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12746098
- Bus Major:
- Apts - 6 To 12 Units
- Photos (21)
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This property delivers stability and long--term upside in today's uncertain financial markets. The town of Millbrook is growing fast. Strategically located just minutes from Highway 115, 15 minutes from Peterborough and under an hour to the GTA. It is a desirable, commuter-friendly town with rising demand for quality rentals. Located in the heart of Downtown Millbrook on a picturesque park-like setting with Baxter Creek running through the property. Steps to walking trails, shops, restaurants, library and more. The property features five 2 bedroom units and three 1bedroom units, 5 covered balconies, and ample parking. Tenants pay hydro, each unit is separately metered. Parking for 10 vehicles.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 7337 sq. ft. Square Feet
- Total Area:
- 7,337 sq. ft.
- Lot Depth:
- 197'4"
- Lot Frontage:
- 91'6"
- Lot Shape:
- Irregular
- Water supply:
- Municipal
- Zoning:
- R4
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Possession Details:
- 30/60/90
- Lot Irregularities:
- 91.53 x 199.55 x 113.83 x 197.31
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $6,831.3 / 2025
- Assessment:
- $- / -
- Peterborough
- Cavan Monaghan
- Millbrook Village
- 2 Hot water tanks
- 2 Natural Gas Furnaces, 6 Fridges and 6 Stoves
- Utilities:
- Yes
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Gross income:
- $105,468
- Net Income Before Debt:
- $80,090
- Expenses Actual/Estimated:
- Actual
- Heating Expenses:
- $4,539
- Hydro Expenses:
- $1,028
- Insurance Expenses:
- $3,111
- Tax Expenses:
- $6,831
- Operating Expenses:
- $25,378
- Other Expenses:
- $300
- Water Expenses:
- $5,818
- Year Expenses:
- 2024
- Maintenace Expenses:
- $3,750
- Major Business Type:
- Apts - 6 To 12 Units
- Category:
- Apartment
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Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Data was last updated February 1, 2026 at 06:15 PM (UTC)
- CHRIS WALSH
- 1 (647) 9683578
- Contact by Email
165 Old Percy Road
Castleton, ON K0K 1M0