303 Brock Street, Peterborough | Image 1

303 Brock Street

Peterborough, Downtown

  • Commercial

$3,400,000
For Sale

Added 6 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: Multiplex

  • Age: 51-99 years

  • Taxes: 32053

  • MLS®#: X7247946

  • Days on Site: 188 Days

  • Added: Oct 25, 2023 (6 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: EXIT REALTY LIFTLOCK

This is an outstanding opportunity to own this 12 unit apartment complex. Renovated only 11 years ago this building is completely up to date. All units are above average size and quality. 7 of the 12 units are multi-level with either 3rd floor loft bedroom/bathrooms or basement rec room, bedroom and bath. All units have 6 appliances including in suite laundry. Each unit has outdoor space with a balcony or patio and 14 parking spots. Separate water, sewer and hydro billed to each tenant and individual heat controls for each tenant. 12 gas hot water tanks (owned) and fire alarm systems are all up to date. This property provides a great income of $263,340.00 gross a year with room for increases. (Utilities 11,282, gas boiler and hot water) (Tax $32,053) (Maintenance $5,266) (Insurance $5,500) No vacancy over last 5 years. All inspections up to date. Call for discussion. Everything here is in excellent condition and ready to go.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Area: Peterborough

  • Community: Downtown

  • Availability Date: TBD

  • Assessment Amount: $1,125,000

  • Assessment Year: 2023

Inside

  • Bathrooms: 12

  • Air Conditioning: N

  • Washrooms: 12

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LTS 12 & 13 W/S GEORGE ST & S/S BROCK ST PL 1

  • Taxes: $32,053

  • Taxes Type: Annual

Land

  • Cross Street: Brock/Rubidge

  • Municipality District: Peterborough

  • Parcel Number: 281040049

  • Lot Depth: 135.02 Feet

  • Lot Frontage: 111.98 Feet

  • Zoning: Multiplex

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/303_brock_st_peterborough_on/

Commercial Specific

  • Total Area: 9903

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Building

  • Financial Statement: Y

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Walker's Paradise

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95 /100

Biker's Paradise

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JK-8

Highland Heights Public School

Elementary: Public
1.52 km
JK-8

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Elementary: Catholic
1.71 km
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Elementary: Public
1.65 km
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Elementary: Public
0.95 km
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1.23 km
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2.36 km
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Secondary: Public
3.01 km
9-12

St. Peter Catholic Secondary School

Secondary: Catholic
1.40 km
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