For Sale · Multifamily

C - 513 PARKHILL ROAD W, Peterborough (Town Ward 3)

C - 513 PARKHILL ROAD W, Peterborough (Town Ward 3), ON K9H3J4

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

88%

About this property

Welcome to this beautifully renovated, never-occupied 1-bedroom suite at 513 Parkhill Road West! Thoughtfully updated with modern finishes throughout, this inviting space features an open-concept kitchen and living area, complete with gorgeous quartz countertops, stainless steel appliances including fridge, stove and dishwasher, and a charming built-in breakfast bar perfect for casual dining. The bedroom features a lovely Juliet balcony, allowing natural light and fresh air to flow in. Enjoy convenient access through the front entrance, private in-suite laundry, air conditioning, one parking space, internet included and shared access to the beautiful backyard (no outdoor fires permitted). Electricity and water are separately metered and paid by the tenant. Ideally located near Peterborough Regional Health Centre, Trent University, Fleming College, public transit just steps away, shopping, restaurants and downtown Peterborough. A wonderful opportunity to enjoy fresh, modern living in a convenient location. Offered unfurnished at $1,700/month. Fully furnished option available at $2,100/month. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

57,152

Households

24,182

Median income

$67,500

Median age

40.1

Daytime population

70,104

5-yr growth

8.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for C - 513 PARKHILL ROAD W, Peterborough (Town Ward 3).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.