296-298 Park Street North, Peterborough | Image 1

296-298 Park Street North

Peterborough, Downtown

  • - bed - bath
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Jun 11, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Fourplex

  • Style: 2-Storey

  • Lot Size: 61.69 x 106.65 Feet

  • Age: No Data

  • Taxes: $6,566 per year

  • Days on Site: 18 Days

  • Added: May 24, 2024 (2 weeks on market)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X8371366

  • Listed By: Century 21 united realty inc.

WOW! Attention Investors! Multi-plex featuring four self contained, 2 bedroom units. With Four separate furnaces, four separate hydro meters, four separate gas meters, one upper unit with central air, Completely vacant allowing the opportunity to set your own rents, this income property has the potential to easily yield over an 8% cap rate. Don't miss out on this opportunity, offering promising potential for both income generation and multi-generational living, this property is a must-see. Renovated in 2016, each unit boasts updated kitchens with quartz countertops and updated bathrooms, ensuring contemporary comfort and style. Meticulously cared for, the property features beautiful hardwood flooring and well-kept interiors, promising lasting quality. On the edge of the avenues, located in the old west end, close to downtown amenities and bus routes, residents can enjoy easy access to shopping, dining, and transportation. Whether you're an investor seeking high returns or a family in search of a comfortable multi-generational home, this property offers the perfect blend of modern living and convenience. Seize the opportunity!

Status

  • Days on Market: 18

  • Last Status: Sold

  • Sold Date: Jun 11, 2024

  • Closed Date: Jun 18, 2024

  • Expiry Date: Oct 23, 2024

  • Sold Price: $940,000

  • Unavailable Date: Jun 12, 2024

  • Input Date: May 24, 2024

Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2-Storey

  • Area: Peterborough

  • Community: Downtown

  • Availability Date: Flexible

  • Assessment Amount: $427,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 8

  • Bathrooms: 4

  • Kitchens: 4

  • Rooms: 20

  • Den/Family Room: No

  • Air Conditioning: Other

  • Fireplace: No

  • Washrooms: 4

Building

  • Basement: Full

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Spaces: 3

  • Garage Type: Carport

  • Covered Parking Spaces: 3

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 17 N OF KING ST W OF GEORGE ST (PETERBOROUGH) AS IN R64651

  • Taxes: $6,566

Highlights

  • Feature: Hospital

  • Feature: Library

  • Feature: Place Of Worship

  • Feature: Public Transit

Land

  • Cross Street: Charlotte St & Park

  • Municipality District: Peterborough

  • Fronting On: East

  • Parcel Number: 280900015

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 106.65 Feet

  • Lot Frontage: 61.69 Feet

  • Lot Irregularities: 106.65 X 61.69 X 88.0

  • Acres: < .50

  • Zoning: R.1, R.2, R.3

Additional Media

  • Virtual Tour: https://show.tours/e/Sf4tcv2

Rooms

Room details for 296-298 Park Street North, Peterborough

Type Dimensions
Kitchen Main 3.22 x 3.35
Dining Main 3.62 x 3.35
Living Main 4.64 x 4.35
Br Main 3.22 x 3.39
Other Main 3.35 x 3.39
Bathroom Main 1.77 x 2.27
Kitchen 2nd 3.07 x 3.37
Prim Bdrm 2nd 3.30 x 3.36
Br 2nd 3.23 x 3.36
Family 2nd 4.83 x 5.77
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Walker's Paradise

  • Daily errands do not require a car.
93 /100

Very Bikeable

  • Most errands can be accomplished on bike.
86 /100
Map of 296-298 Park Street North, Peterborough
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