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Property Details

216 MCDONNEL Street, Peterborough, Ontario

216 MCDONNEL Street, Peterborough, Ontario (ID 238588)

$550,000 - Conditionally Sold

ID#:238588

Centrally located legal non-conforming triplex just off George Street with excellent income. 2-1 bedroom units each bringing in $1300/mo (includes heat & hydro) and 1 - 2 bedroom unit bringing in $1550/mo (heat included). Tenants pay hydro in this unit. 3 separate meters but landlord pays hydro for the two lower units. Leases in place. Gross income $49,800 per year. Net income $32,640. See documents for Income/Expense breakdown. Parking at the rear for 3 cars. Large backyard, new furnace in 2019, shingles approx. 5 years old. Most windows are newer, two new baths on main floor units, new kitchen upstairs. Units are freshly painted with new flooring throughout. Excellent net income.

Property Details
  • Property Address:216 MCDONNEL Street, Peterborough, Ontario
  • Property Type:Multi Family
  • Lot Size:Under .5 Acre 37.00 ft Frontage
  • Sewage Type:Municipal
  • Water Type:Municipal
  • Taxes:$3,164 (2019)
  • Driveway:3
  • Rental Income:49800.00
Structure Details for 216 MCDONNEL Street, Peterborough, Ontario
  • Structure Type:Residential
  • Structure Style:2 Storey
  • Building Age:Unknown
  • Heating Type:Forced Air-Gas, None
  • Exterior Type:Vinyl Siding
Amenities for 216 MCDONNEL Street, Peterborough, Ontario Built-in appliances, Downtown, Library, Near Schools, Near Shopping, Place of Worship, Public Transit, Separate Hydro Meters, Smoke Detector(s), Year Round Living
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216 MCDONNEL Street, Peterborough, Ontario

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