480-484 WELLER STREET, Peterborough | Image 1

480-484 WELLER STREET

Peterborough, Downtown

  • Commercial

$2,099,900
For Sale

Added 8 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R1

  • Age: No Data

  • Taxes: 20971

  • MLS®#: X10403682

  • Days on Site: 251 Days

  • Added: Mar 10, 2024 (8 months ago)

  • Updated:

  • Last Checked: 40 minutes ago

  • Listed By: Rock Star Real Estate Inc., Brokerage

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.

Property

  • Status: Sale

  • Property Type: Investment

  • Area: Peterborough

  • Community: Downtown

  • Availability Date: Flexible

  • Assessment Amount: $950,000

  • Assessment Year: 2016

Inside

  • Bathrooms: 13

  • Air Conditioning: None

  • Washrooms: 13

Building

  • Basement: N

  • Heat Type: Radiant

  • Water Supply: Municipal

Parking

  • Garage Type: Detached

  • Covered Parking Spaces: 14

Fees

  • Tax Year: 2023

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

  • Taxes: $20,971

Land

  • Cross Street: WELLER STREET BETWEE

  • Municipality District: Peterborough

  • Parcel Number: 280850232

  • Sewer: Sewers

  • Lot Frontage: 131.4

  • Lot Irregularities: 131.40' X IRREG

  • Zoning: R1

Commercial Specific

  • Total Area Metric: Sq Ft

  • Area Influence: Park

  • Area Influence: Public Transit

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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8 months ago
$2,099,900
  • 13 bath
  • 0 bed

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