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Pemberton Holmes Ltd.

mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

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266 Romaine Street
homes for sale · Peterborough · Town Ward 3
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$2,990,000

266 Romaine Street

Town Ward 3, Peterborough · MLS® X13866910

15,000 sq ft · 0 sq ft lot · House · Multi-family · 18 days on market

listed by Dave Griffin, Century 21 United Realty Inc.

realtor's description

Excellent opportunity to acquire a quality purpose built 15-plex with convenient central location. Close to downtown, Lansdowne St., Memorial Center, Farmers Market, YMCA, parks, transit and many other community amenities. Multi-unit building includes 12-2 bedroom apartments and 3-1 bedroom apartments, on site laundry and tenants personal storage lockers on each floor. Also included is on site parking for 1 vehicle per apartment, fridge and stove in each unit and 4 apartments have walkout to balconies. There is a significant upside to rental income upon leasing turnover as current rents would see a 50%+ increase to present market rents.

property details

type
House, Multi-family
living area
15,000 sq ft
lot
0 sq ft
parking
0
property tax
$48,202 / yr
days on market
18
MLS®
X13866910

monthly cost

$17,044/mo
Mortgage $13,027 · Tax $4,017

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$13,027/ monthly
loan $2,392,000
25-year amortization
total interest
$1,516,143
cash to close
$598,000
down payment; transfer tax and fees not included
total paid
$3,908,143

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Town Ward 3, PeterboroughGoogle Maps ↗

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listed by
Dave Griffin
Century 21 United Realty Inc.
call Dave · 705-743-4444
Powered by: REALTOR.ca

similar homes nearby

location

Town Ward 3, PeterboroughGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.