Property Description for 514-516 AYLMER STREET N
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:38686)
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Property Details
Property Tax
: $4,348 (2024)MLS® #
: X12343960
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: Forced air, Natural gasFireplace
: YesBasement
: Unfinished, Separate entrance, N/A
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No GarageExterior Features
: Brick
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