$ 2.395.000

480 484 Weller St, Peterborough

25 Photos

480 484 Weller St, Peterborough, ON K9H2N6 Photo 2

480 484 Weller St, Peterborough, ON K9H2N6 Photo 3

480 484 Weller St, Peterborough, ON K9H2N6 Photo 4

480 484 Weller St, Peterborough, ON K9H2N6 Photo 5

480 484 Weller St, Peterborough, ON K9H2N6 Photo 6

480 484 Weller St, Peterborough, ON K9H2N6 Photo 7

Bathrooms: 13
MLS®: x8133722

Added: 48 days ago

Property Details

This coveted Morrow Estate contains 12 apartment units and over 10,000 sq ft of finished space with solid Cash Flow in place and easily financeable with CMHC or conventional with attractive terms. Lots of room for improvement on the property and with gross income allowing the opportunity for a traditional value-add strategy (BRRR). You'll be proud to own this trophy property on prestigious Weller Ave., highly sought after by tenants and residents of Peterborough's historic West End.

Best Mortgage Rates

Property Information

Heating: Radiant heat
Photos Count: 25
Water Source: Municipal water
Business Type: Residential
Structure Type: Multi-Family
Tax Annual Amount: 20971
Lot Size Dimensions: 132 x 294 FT ; Irregular Shape
Extras: Surface parking for 14 cars. (id:1945)

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Nearby Places

Name	Type	Address	Distance
Beth Israel Synagogue (Peterborough)	The Beth Israel Synagogue is a synagogue in Peterb...		0.1 km
Peterborough Regional Health Centre Foundation	Establishment	1 Hospital Dr	0.3 km
Peterborough Regional Health Centre	It is a combination of the former Peterborough Civ...		0.3 km
St. Peter Catholic Secondary School	Peter Catholic Secondary School is an urban high s...		0.4 km
Saint Peter's Secondary School	School	730 Medical Dr	0.6 km
Prince of Wales Public School	School	1211 Monaghan Rd	1.0 km
Prince of Wales Public School (Peterborough, ON)	It is a member of the Kawartha Pine Ridge District...		1.0 km
CJMB-FM	The station is owned by My Broadcasting Corporatio...		1.2 km
CKPT-FM	CKPT originally began broadcasting at 1420 kHz AM ...		1.3 km
CKRU-FM	The station broadcasts a hot adult contemporary fo...		1.3 km
The Magic Rolling Pin	Bakery	302 King St	1.5 km
King Bethune House, Guest House & Spa	Lodging	270 King St	1.6 km

480 484 Weller St mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 480 484 Weller St. The current price of the property is $2,395,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,916,000. This would result in a monthly mortgage payment of $11,200 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	30
Bachelor's degree	55
University / Above bachelor level	15
University / Below bachelor level	10
Certificate of Qualification	10
College	40
University degree at bachelor level or above	115

Neighbourhood Marital Status Stat

Married	170
Widowed	20
Divorced	20
Separated	5
Never married	80
Living common law	35
Married or living common law	210
Not married and not living common law	125

Neighbourhood Construction Date

1961 to 1980	15
1991 to 2000	10
1960 or before	135

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