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Listed price in listed location currency (CAD).
$1,995,000

0012

MLS® 40777751

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 6000 sqft
Garage No
Taxes $6,813
Days Active 7
Lot Size 
Approx. Age 
Avg. Price Per Sqft $332
MLS® Number 40777751

Property Address: 2228 Indian River Line, Indian River, ON, K0L2B0

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number40777751
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementNone
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Other, Two Washers, Two Dryers, All Current (And Non Tenant Owned) Fridge & Stoves

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 27, 2025List Date
$1,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
2228 Indian River Line, Indian River, ON

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