This is your opportunity to purchase your next multifamily BRRRR project with this undervalued legal non-conforming 4plex in Peterborough, one of the fastest growing markets in Ontario. This city has several post secondary institutions (Trent, Fleming College etc.), a strong healthcare employer, and many large corporations factories such as PepsiCo Foods, AON Inc. Only a 1 hour drive to major cities in Durham (Pickering, Ajax, Oshawa) and 1hr30 minute drive to Downtown Toronto, this city is primed for long-term appreciation and provides an opportunity to break in a large city center in Ontario with an affordable price.
This property is located within close walking distance to Del Cray Park, Market Plaza shopping mall and the tons of local restaurants, service companies, and retail stores right outside the property’s door. Moreover, Peterborough is driving distance to many major cities in Ontario such as Pickering, Toronto, Ajax, Oshawa etc. With great highway access and continued improvement to transportation to and from Peterborough, this city is primed for long-term appreciation.
Comparables:
468-470 Bolivar – $851,000
199 Park St N – $799,000
299 Margaret Ave – $640,000
293 Dalhousie St – $532,000
196 Dalhousie St – $508,000
112 Alymer St N – $480,000
104 Alymer St N – $465,000
For full information, videos, and photos check out the link below:
https://mailchi.mp/ontariopropertydeals/155-stewart-st-peterborough