514-516 AYLMER STREET N, Peterborough Central, Ontario

$999,900

An exceptional opportunity for investors, developers or builders! This R4-zoned property is completely VACANT, with demolition work already complete, situated in a very strong rental market. The heavy lifting has been taken care of, leaving you with a clean slate and endless possibilities for value creation. With strong income and ARV projections, the potential here is remarkable. Finish it easily as a high-yield rooming house or fourplex, complete a full multi-unit conversion, sever into two separate properties or start fresh with a brand-new build, the choice is yours. The location couldn't be better, in the heart of a high-growth city, steps to Peterborough Regional Health Centre and minutes from Fleming College, Trent University, Hwy 115, the planned GO Transit link, and the future 407 expansion. Opportunities like this, fully vacant, demo complete and in a rapidly growing market do not come around often. Bring your vision, execute your plan and unlock the full potential of this rare investment gem! (id:23309)

Listing ID: X12343960
Property Type: Multi-family

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Details

Amenities Nearby: Hospital, Public Transit, Place of Worship, Schools, Park
Parking Spaces: 4
Transaction: For sale
Zoning Description: R4

Building

Appliances: Water Heater, Water meter
BasementType: N/A (Unfinished)
Basement Development: Unfinished
Basement Features: Separate entrance
Exterior Finish: Brick
Fireplace Present: True
Foundation: Stone
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 3500 - 5000 sqft
Stories Total: 2
Type: Fourplex
Utility Water: Municipal water

Land

Amenities: Hospital, Public Transit, Place of Worship, Schools, Park
Sewer: Sanitary sewer
Size Frontage: 44 ft ,1 in
Size Irregular: 44.1 x 97.9 FT

Listing provided by Keller Williams Signature Realty, Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 514-516 AYLMER STREET N in Peterborough Central Ontario. It was last modified on August 14th, 2025. Contact the Bonnie & Ken Rossiter Team to schedule a viewing or to discover other Peterborough Central real estate for sale.

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