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544 Mcdonnel Street Peterborough, Ontario K9H 2X8

5 Bedroom 12 Bathroom 10
None Baseboard Heaters, Forced Air Landscaped

$2,819,000

Dont miss this incredible opportunity to own one of Peterboroughs historical properties. Built in 1920 as part of the Bonner Worth Mill Properties this building was the administration building with factory buildings on both sides. Later called the Woolen Mill Administration building. The building was bought in 2006 by its current owner and converted into 12 loft style apartments. Each unit is unique and offers high ceiling and many original elements of its original building design. All units are compact and provide high ceilings and various floor plans. All systems were brand new in 2007 with several upgrades over the years. Separate hydro meters to each unit, fire safety systems are all up to date. All units are fully rented with plenty of parking. Laundry room on site for tenants. Gross income of $165,000. This building also enjoys a lower tax rate as it is classed as a new residential build/conversion and in additional an additional 20% municipal property tax rebate as it is designated historical. This would be a beautiful property to add to your portfolio. Pictures of units are from when units were vacant for Tenant privacy. Please note there are only three units available for viewing along with common space. (id:43038)

Property Details

MLS® Number 40292668
Property Type Multi-family
Amenities Near By Airport, Beach, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Community Features School Bus
Features Park/reserve, Conservation/green Belt, Beach, Paved Driveway
Parking Space Total 16

Building

Bathroom Total 12
Bedrooms Total 5
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1920
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors, Alarm System
Fixture Ceiling Fans
Foundation Type Stone
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 3
Size Interior 10
Utility Water Municipal Water

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Airport, Beach, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Depth 189 Ft
Size Frontage 58 Ft
Size Irregular 0.236
Size Total 0.236 Ac|under 1/2 Acre
Size Total Text 0.236 Ac|under 1/2 Acre
Zoning Description Sp 322

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/24649626/544-mcdonnel-street-peterborough

Interested?

Contact us for more information


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Royal LePage Frank Real Estate Brokerage 035
244 Aylmer St., North
Peterborough, Ontario K9J 3K6

(705) 748-4056
(705) 748-5244
www.peterboroughresidential.com

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