2228 INDIAN RIVER LINE, OTONABEE-SOUTH MONAGHAN

2025-10-27
 

Quick Summary

Location
2228 INDIAN RIVER LINE, OTONABEE-SOUTH MONAGHAN, Ontario K0L2B0
Price
$1,995,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
4 ac

MLS®#X12483650

Property Description

Well-maintained 11-unit building featuring a mix of one-bedroom and bachelor apartments, priced at a 5.1% cap, generating nearly $160,000 annually with room for upside. Located just 15 minutes from Peterborough off the Trans-Canada Highway, offering quiet country living with easy city access. Updates include an 8-year-old roof, new fire-rated exterior doors, some newer windows, and a commercial hot-water tank under 10 years old. Heated by electric baseboard with hydro on one meter and potential to separate utilities for tenant billing. Quiet adult tenant base and a meticulously cared-for building make this a turnkey investment with excellent income stability and future upside. (id:32467)

Property Features

Building

  • Appliances: Dryer, Two Washers
  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 4 ac
  • Building Type: Multi-Family

Land

  • Land Size: 4.26 ac

Zoning

  • Description: RR-12H

Information entered by EXP REALTY
Listing information last updated on: 2025-11-26 17:00:01


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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