514-516 Aylmer Street N in Peterborough: Town Ward 3 House for sale : MLS®# X12927746

Investors, Developers And Builders, The Price Is Right: This R4-zoned property is completelyVACANT. All The Heavy Lifting is complete, Including Demolition And Total Cleanup. This incredible Opportunity Is Located In A Fabulous School-Centric Rental Market. This Is A White Canvas Ready For You To Create The Highest And Best Use. There Are Several Multi-Unit Setups Possible, And Strong Income Projections. Build It As A High-Yield Rooming House Or Fourplex, It Could Be Executed As A Multi-Unit Conversion, Or You Can Sever This Site Into Two SeparateAddresses. This Site Can Also Be Easily Restarted With A Brand New Build. The Location Is Prime, In The Heart Of Peterborough, Steps To Peterborough Regional Health Centre And Very Close To Fleming College, Trent University, Hwy 115, The Planned GO Transit Link, And The Future 407 Expansion. This Site Is Fully Vacant, Demo Complete, And In A Growing Market. ThisIs A Very Rare Find. Bring Your Vision, A Strong Plan And Level Up The Potential Of This Powerful Investment Opportunity.

General Info:

Property Type:: Residential Freehold

Property Sub Type:: Fourplex

Home Style:: 2-Storey

Approx. Age:: 100+

Total Approx Floor Area:: 3500-5000

Lot Size:: <.50

Lot Depth:: 97'11"29.8 m

Lot Frontage:: 44'1"13.4 m

Topography:: Dry, Flat

Direction Faces:: East

Bedrooms:: 0

Bathrooms:: 0.0

Water supply:: Municipal

Kitchens:: 0

Bedrooms Above Grade:: 0

Kitchens Above Grade:: 0

Rooms Above Grade:: 0

Zoning:: R4

Inclusions:

There is one existing kitchen in the ground floor superintendents suit, which is a 3 bedroom apartment. 3 common kitchens were removed but the wiring is still in place to be hooked up again.The previous configuration was a 4Plex, and was then converted to an eleven solo room, rooming house. All rooms but two are down to the suds Hot Water Heater is owned.