514-516 Aylmer Street N Peterborough Central, Ontario K9H 3W5
$999,900
An exceptional opportunity for investors, developers or builders! This R4-zoned property is completely VACANT, with demolition work already complete, situated in a very strong rental market. The heavy lifting has been taken care of, leaving you with a clean slate and endless possibilities for value creation. With strong income and ARV projections, the potential here is remarkable. Finish it easily as a high-yield rooming house or fourplex, complete a full multi-unit conversion, sever into two separate properties or start fresh with a brand-new build, the choice is yours. The location couldn't be better, in the heart of a high-growth city, steps to Peterborough Regional Health Centre and minutes from Fleming College, Trent University, Hwy 115, the planned GO Transit link, and the future 407 expansion. Opportunities like this, fully vacant, demo complete and in a rapidly growing market do not come around often. Bring your vision, execute your plan and unlock the full potential of this rare investment gem! (id:50886)
Property Details
| MLS® Number | X12343960 |
| Property Type | Multi-family |
| Community Name | 3 North |
| Amenities Near By | Hospital, Public Transit, Place Of Worship, Schools, Park |
| Parking Space Total | 4 |
Building
| Age | 100+ Years |
| Appliances | Water Heater, Water Meter |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Place Of Worship, Schools, Park |
| Sewer | Sanitary Sewer |
| Size Depth | 97 Ft ,10 In |
| Size Frontage | 44 Ft ,1 In |
| Size Irregular | 44.1 X 97.9 Ft |
| Size Total Text | 44.1 X 97.9 Ft |
| Zoning Description | R4 |
Contact Us
Contact us for more information
Nick Humeniuk
Salesperson
245 Wyecroft Rd - Suite 4a
Oakville, Ontario L6K 3Y6
(905) 844-7788
(905) 784-1012
kellerwilliamssignature.com/
Jake Novis
Salesperson
245 Wyecroft Rd - Suite 4b
Oakville, Ontario L6K 3Y6
(905) 844-7788
(905) 784-1012
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August 14 2025 02:58:26
The Oakville Milton & District Real Estate Board
Keller Williams Signature Realty, Brokerage