480-484 Weller Street, Peterborough | Image 1

480-484 Weller Street

Peterborough, Downtown

  • Commercial

$2,099,900
For Sale

Added 9 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R1

  • Age: 100+ years

  • Taxes: 20971

  • MLS®#: X8133722

  • Days on Site: 274 Days

  • Added: Mar 11, 2024 (9 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROCK STAR REAL ESTATE INC.

Secure this CashFlowing Asset and take advantage of decreasing interest rates! This coveted Morrow Estate contains 12 apartment units and over 10,000 sq ft of finished space with solid Cash Flow in place and easily financed with commercial terms. New Buyer has plenty of room to improve the Gross income and property to maximize value and perform a traditional value-add strategy (BRRR). You'll be proud to own this trophy property on prestigious Weller Ave., highly sought after by tenants and residents of Peterborough's historic West End.

Extras

Surface parking for 14 cars.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Peterborough

  • Community: Downtown

  • Availability Date: Flexible

Inside

  • Bathrooms: 13

  • Air Conditioning: N

  • Washrooms: 13

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Radiant

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Single Detached

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LTS 3 & 4 PL 49 (PETERBOROUGH) & PT LT 4 PL 25 (PETERBOROUGH)

  • Taxes: $20,971

  • Taxes Type: Annual

Land

  • Cross Street: Park St. N.

  • Municipality District: Peterborough

  • Parcel Number: 280850232

  • Lot Depth: 294 Feet

  • Lot Frontage: 132 Feet

  • Lot Irregularities: Irregular Shape

  • Zoning: R1

Commercial Specific

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Lot

  • Building Percent: 100

Map of 480-484 Weller Street, Peterborough
JK-8

Highland Heights Public School

Elementary: Public
1.39 km
JK-8

Queen Elizabeth Public School

Elementary: Public
1.83 km
JK-8

St. Teresa Catholic Elementary School

Elementary: Catholic
1.41 km
JK-8

Queen Mary Public School

Elementary: Public
0.47 km
JK-8

Prince of Wales Public School

Elementary: Public
0.97 km
JK-8

St. Anne Catholic Elementary School

Elementary: Catholic
1.74 km
9-12

Peterborough Collegiate and Vocational School

Secondary: Public
0.92 km
9-12

Kenner Collegiate and Vocational Institute

Secondary: Public
3.07 km
9-12

Holy Cross Catholic Secondary School

Secondary: Catholic
3.49 km
9-12

Adam Scott Collegiate and Vocational Institute

Secondary: Public
2.56 km
9-12

Thomas A Stewart Secondary School

Secondary: Public
3.30 km
9-12

St. Peter Catholic Secondary School

Secondary: Catholic
0.95 km
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