514-516 Aylmer Street, Peterborough, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $198,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 44.06 x 97.91 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: On Demand Water Heater
- Efficient forced air heating via electric
Description
Investors, Developers And Builders, The Price Is Right: This R4-zoned property is completelyVACANT. All The Heavy Lifting is complete, Including Demolition And Total Cleanup. This incredible Opportunity Is Located In A Fabulous School-Centric Rental Market. This Is A White Canvas Ready For You To Create The Highest And Best Use. There Are Several Multi-Unit Setups Possible, And Strong Income Projections. Build It As A High-Yield Rooming House Or Fourplex, It Could Be Executed As A Multi-Unit Conversion, Or You Can Sever This Site Into Two SeparateAddresses. This Site Can Also Be Easily Restarted With A Brand New Build. The Location Is Prime, In The Heart Of Peterborough, Steps To Peterborough Regional Health Centre And Very Close To Fleming College, Trent University, Hwy 115, The Planned GO Transit Link, And The Future 407 Expansion. This Site Is Fully Vacant, Demo Complete, And In A Growing Market. ThisIs A Very Rare Find. Bring Your Vision, A Strong Plan And Level Up The Potential Of This Powerful Investment Opportunity.
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Pricing & Value Insights
Data-driven valuation for 514-516 Aylmer Street N, Peterborough, ON K9H 3W5
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About Purchasing a Home in Peterborough, ON
For a property listed at $198,000 in Peterborough, the legal minimum down payment is $9,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,705 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,705.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.