Listing Presented by Di FARQUHAR, Sales Representative with Bowes & Cocks Peterborough (705) 742-4234
Contact:Di FARQUHAR, Sales Representative
Bowes & Cocks Peterborough
Direct Line:(705) 742-4234
MLS®#: 284850048 $1,079,000 Call for address PETERBOROUGH ON K9H 1H4
Information Is Believed To Be Accurate But Not Guaranteed.
Description: GORGEOUS STATELY HOME BUILT IN THE 1880'S BY RICHARD BIRDSAL ROGERS, THE ENGINEER AND DESIGNER OF THE PETERBOROUGH LIFTLOCK. THIS HOME (APPROX. 4655 S.F.) HAS BEEN CONVERTED TO MULTIRESIDENTIAL AND GROSS RENTS WERE $81,200 IN 2016 AND ON TRACK FOR INCREASED RENTS FOR 2017. 2016 TAXES $7,116, INSURANCE $2,751,GAS $1911, ELECTRICITY/WATER $5,261. THE RENTALS ARE A MIX OF LONG TERM MO/MO AND FURNISHED ALL INCLUSIVE RENTALS OF 1 MONTH MINIMUM. GREAT WALKING LIFESTYLE NEIGHBOURHOOD WITH ITS OWN SHOPPING DISTRICT YET 1KM TO CENTRE OF TOWN AND NEAR MULTIPLE PARKS. THE OFFICIAL PLAN DESIGNATION FOR THIS R-3 PROPERTY IS FOR 'MEDIUM DENSITY' (25-75 UNITS/HECTARE) EAST CITY IS EXPERIENCING CONSIDERABLE GROWTH AND RENEWAL WITH NEW BUILDS PLANNED AND VACANCY RATES OF 1%. (id:2470)
Municipal sewage system
FEATURES: Central Air
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