485-487 Sherbrooke St, Peterborough, Ontario K9J 2P2
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$643,000*
Price/Sqft-
Days On Market77 days
Est. Mortgage$2,340/mth
Tax Amount (2023)$3,860/yr
Description
Approximately 7% Cap and "Additional Residential Unit Potential". This side-by-side triplex has 2 one bedroom units at 485 that are currently vacant. Both have been freshly painted and are ready for new tenants at market rents. The landlord pays utilities on this side. 487 is a two storey, two bedroom unit, with long term tenants that would like to stay. They pay $982 plus heat, hydro, water and sewer, as well as yard maintenance. The property has plenty of potential, as the lot is 240 feet deep. This would potentially allow for additional Residential Units to be build out back. Great potential here for the investor, or live in one unit and rent the others. Home Inspection available and easy to show. (Potential Buyers to consult the City of Peterborough regarding any ARU potential)
Property Details
Interior
Features
Main Floor
Living
3.59 x 4.36Br
3.41 x 2.72Kitchen
3.88 x 4.10Living
4.20 x 5.10Exterior
Features
Parking
Garage spaces -
Garage type -
Other parking spaces 6
Total parking spaces 6
Property History
40