MLS®: 284850048 Status: For sale

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$1,079,000
Location:

104 Douro Street , Peterborough Ontario, K9H1H4

104 Douro Street , Peterborough Ontario
Description:
GORGEOUS STATELY HOME BUILT IN THE 1880'S BY RICHARD BIRDSAL ROGERS, THE ENGINEER AND DESIGNER OF THE PETERBOROUGH LIFTLOCK. THIS HOME (APPROX. 4655 S.F.) HAS BEEN CONVERTED TO MULTIRESIDENTIAL AND GROSS RENTS WERE $81,200 IN 2016 AND ON TRACK FOR INCREASED RENTS FOR 2017. 2016 TAXES $7,116, INSURANCE $2,751,GAS $1911, ELECTRICITY/WATER $5,261. THE RENTALS ARE A MIX OF LONG TERM MO/MO AND FURNISHED ALL INCLUSIVE RENTALS OF 1 MONTH MINIMUM. GREAT WALKING LIFESTYLE NEIGHBOURHOOD WITH ITS OWN SHOPPING DISTRICT YET 1KM TO CENTRE OF TOWN AND NEAR MULTIPLE PARKS. THE OFFICIAL PLAN DESIGNATION FOR THIS R-3 PROPERTY IS FOR 'MEDIUM DENSITY' (25-75 UNITS/HECTARE) EAST CITY IS EXPERIENCING CONSIDERABLE GROWTH AND RENEWAL WITH NEW BUILDS PLANNED AND VACANCY RATES OF 1%.
Property:
Type: Multi-family
Lot Dimensions: 85 X 178Acreage: 85 X 178|under 1 acre
Sewer: Municipal sewage systemWater: Municipal water
Access: Road access
Structure:
Style: Multi-Family
Heating: Forced air, Radiant heat
Heating Type: Natural gas
Cooling Type: Air Conditioned
Exterior: Brick
Foundation Type: Block, Stone
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104 Douro Street , Peterborough Ontario

Royal LePage - Frank Real Estate Brokerage - Lakefield

Steve Hill
Sales Representative

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