831 Park Street, Peterborough, ON

$679,000
MLS#:X9349771
4 beds
3 baths
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $679,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Premium 42.83 x 96 ft lot size
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Attention investors! Very well maintained and renovated legal triplex in the South central location of Peterborough! Building consists of two spacious 1 bedroom units and one large 2 bedroom unit. A total of 3 separate units that offer lots of privacy. Tenants pay for separately metered heat and hydro, newer furnaces in 2 units installed in 2022, first floor apartment renovated, and many exterior updates. The basement is set up for shared laundry and offers additional storage if desired. Outdoor living space is well landscaped and maintained. Garden shed available for extra storage. Lots of parking space available. This is a great turn key income generating property in a prime location. Current gross rental income around $47,000.00/annual. All units are tenanted by very cooperative tenants.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 16, 2024
Sold price information is available to members only
Listed Date9/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick
Lot Size42.83 × 96 Feet
CountyPeterborough
Annual Tax$4,394
Legal DescriptionLt2,Pl54Q,North Monaghan City Of Peterborough

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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831 Park Street, Peterborough, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 831 Park Street S, Peterborough, ON K9J 3V1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$543,200
Monthly Mortgage$3,156
Property Tax (Est.)$366
Utilities & Maint.$350
Total Monthly Cost$3,872

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Peterborough.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

831 Park Street, Peterborough - 4 Bed 3 Bath Home For Sale | MLS# X9349771 | ZooZaa | ZooZaa Real Estate