For Sale · Multifamily

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

B - 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

RA8 — Medium Rise

$ / SF

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Occupancy

86%

About this property

Discover this beautifully renovated, never-occupied 2-bedroom lower-level suite at 513 Parkhill Road West! Thoughtfully updated with modern finishes and pot lighting throughout, this inviting space features a bright, open-concept kitchen, dining and living area, creating a comfortable and welcoming atmosphere. The gorgeous kitchen offers quartz countertops and stainless steel appliances, including fridge, stove and dishwasher, perfect for everyday living and entertaining. Both bedrooms offer comfortable living space, while private in-suite laundry and air conditioning add to the convenience. Additional features include one parking space, internet included and shared access to the beautiful backyard, offering a lovely outdoor space to relax and unwind (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, shopping, grocery stores and the many restaurants and amenities of downtown Peterborough and Hunter Street. A wonderful opportunity to enjoy a freshly renovated home with modern comforts and everyday conveniences close by. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

123,606

Households

52,574

Median income

$129,500

Median age

37.8

Daytime population

117,650

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for B - 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.