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Office705-651-2255 Ball logo 705-652-3346 Direct
3 Genterations Of Real Estate Knowledge
Judy Ball
Greg Ball
Julia Ball
MLS®: 40292668 Status: For sale

544 Mcdonnel Street, Peterborough Ontario, K9H2X8

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Ball Real Estate Inc. Brokerage

Judy and Greg Ball
Sales Representative and Broker

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Telephone:
705-651-2255

$2,819,000
Location:

544 Mcdonnel Street, Peterborough Ontario, K9H2X8

544 Mcdonnel Street, Peterborough Ontario
Description:
Don?t miss this incredible opportunity to own one of Peterborough?s historical properties. Built in 1920 as part of the Bonner Worth Mill Properties this building was the administration building with factory buildings on both sides. Later called the Woolen Mill Administration building. The building was bought in 2006 by its current owner and converted into 12 loft style apartments. Each unit is unique and offers high ceiling and many original elements of its original building design. All units are compact and provide high ceilings and various floor plans. All systems were brand new in 2007 with several upgrades over the years. Separate hydro meters to each unit, fire safety systems are all up to date. All units are fully rented with plenty of parking. Laundry room on site for tenants. Gross income of $165,000. This building also enjoys a lower tax rate as it is classed as a new residential build/conversion and in additional an additional 20% municipal property tax rebate as it is designated historical. This would be a beautiful property to add to your portfolio. Pictures of units are from when units were vacant for Tenant privacy. Please note there are only three units available for viewing along with common space. (id:2471)
Property:
Type: Multi-family
Lot Dimensions: 0.236Acreage: 0.236 ac|under 1/2 acre
Sewer: Municipal sewage system
Access: Road access, Highway access
Structure:
Features:
Park/reserve Conservation/green belt Beach
Paved driveway Landscaped School Bus
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544 Mcdonnel Street, Peterborough Ontario
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Listing Office: Royal Lepage Frank Real Estate Brokerage 035

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