519 Sherbrooke ST new

Peterborough Central,ON K9J 2P2

$ 424900

3 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 3 South

MLS Listing ID X12283487

Style 2-Storey

Bedrooms 3

Annual Tax Amount $3,238

Tax Year 2024

Property Sub-Type Detached

Property Description

Investor alert! 519 Sherbrooke Street offers a rare combination of stable income, development potential, and future value-add all in a central Peterborough location. This 3-bedroom, 2-bath detached home is currently tenanted at $2,000/month, with a tenant who would like to stay.The property includes ample utility and storage space, and a separate garage building that is being repaired through insurance. Set on a deep, oversized lot, the backyard may qualify for an Additional Residential Unit (ARU) offering potential for increased rental income or multi-unit development (buyer to verify with the City).This property is being sold in as-is condition, making it a straightforward acquisition for savvy investors looking to expand their portfolio or capitalize on Peterboroughs growing rental market.Located close to transit, schools, and amenities, 519 Sherbrooke offers strong fundamentals and exciting potential for the right buyer.

Location

Province ON

County Peterborough

Community 3 South

Area Peterborough

Zoning R1

Rooms

Family Room No

Basement Unfinished

Kitchen 1

Interior

Interior Features None

Cooling None

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 33.0

Lot Depth 219.78

Total Parking Spaces 3

Building

Foundation Stone

Others

Senior Community Yes

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