$1,995,000
( $12.06Per Sq Foot )
$10,710 est/mo Sourced by Back At You2228 Indian River Line,Indian River, ON K0L 2B0
Indian River, ON K0L 2B0
Description
Well-maintained 11-unit building featuring a mix of one-bedroom and bachelor apartments, priced at a 5.1% cap, generating nearly $160,000 annually with room for upside. Located just 15 minutes from Peterborough off the Trans-Canada Highway, offering quiet country living with easy city access. Updates include an 8-year-old roof, new fire-rated exterior doors, some newer windows, and a commercial hot-water tank under 10 years old. Heated by electric baseboard with hydro on one meter and potential to separate utilities for tenant billing. Quiet adult tenant base and a meticulously cared-for building make this a turnkey investment with excellent income stability and future upside.
Details
| MLS # | X12483650 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 11 |
| Listing Provided By | EXP REALTY | X12483650 285400 |
Features
| SQ Feet | 165,484 |
|---|---|
| Acreage | 3.80 |
Interior
| Cooling | No |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 6813 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2024 |
Area Information
| Province | ON |
|---|---|
| County | Peterborough |
| City | Indian River |
| Postal Code | K0L 2B0 |
| Area | Otonabee South Monaghan |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Peterborough |
| City | Indian River |
| Postal Code | K0L 2B0 |
| Area | Otonabee South Monaghan |
Listing Updated: October 27, 2025 at 12:14:17 PM PDT
