Well-maintained 7-unit apartment building landmark investment opportunity available in central Peterborough location. Two buildings which include 7 individual apartments, each with their own entrances, hydro meters, fridges, and stoves. 2-car detached garage and large paved circular drive. 4,125 Sq. Ft building and 3,552 Sq. Ft. building included in this offer. 813 Water St has an updated roof. Current apartment setup for these buildings is 4 x 1-bedroom units, 2 x 2-bedroom units, and 1 x 4-bedroom unit. Excellent investment opportunity that is situated on a large level .65-acre lot with development potential/ space for additional units to be built.(Rent Amounts - Apt 1 - $1,625, Apt 2 - $1,250, Apt 3 - $1,625, Apt 4 - $1,300 + 4 Bedroom - $2,700, 813A - $1,300, 820 - $1,150). Great investment opportunity with strong gross income potential of $132,600.
Address
813 Water St. & 11 Argyle Street
List Price
$1,673,900
MLS® Status
Sold Conditional
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Peterborough
Sub-Area
Northcrest Ward 5
Bedrooms
5 + 5
Bedrooms (Total)
10
Rooms Above Grade
19
Rooms Below Grade
16
Bathrooms
7
Floor Area
5000 + Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
175
Lot Shape
Square
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
180
Parcel Number
281150040
Occupant Type
Owner+Tenant
Cross Street
Water St & Argyle St.
Approx. Age
100+ Years
MLS® Number
X13430648
Listing Brokerage
RE/MAX HALLMARK EASTERN REALTY
Basement Area
Unfinished, Other
Postal Code
K9H 3N7
Posession Details
Flexible
Parking
Circular Drive, Private, Reserved/Assigned
Parking Places (Total)
11
Parking Spaces
9
Tax Amount
$12,589.00
Tax Year
2025
Site Influences
Clear View, Controlled Entry, Landscaped, Level, Park, Patio, Porch, Privacy, Public Transit, River/Stream, School Bus Route
Exterior Features
Controlled Entry, Landscaped, Patio, Privacy, Porch
Interior Features
Accessory Apartment, Separate Heating Controls, Separate Hydro Meter
Property Features
Clear View, Level, Park, Public Transit, River/Stream, School Bus Route
Cable
Available
Central Vacuum
No
Family Room
Yes
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active Under Contract
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
Yes
Fireplace Features
Electric, Natural Gas
Foundation Details
Other, Stone
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
7
Kitchens Above Grade
3
Kitchens Below Grade
4
Pool Features
None
Roof
Metal, Shingles
Tax Legal Description
Pt Lts 28 & 29 Pl 42 Peterborough, Pt 2 45$6417 Peterborough, Pt Lts 27, 28 & 29 Pl 42 Peterborough, Pt 1 45R6417 Peterborough
Topography
Dry, Flat, Level
View Type
City, Clear
Waterfront
No
Sewer
Sewer