$ 2.395.000

480 484 Weller Street, Peterborough

24 Photos

480 484 Weller Street, Peterborough, ON K9H2N6 Photo 2

480 484 Weller Street, Peterborough, ON K9H2N6 Photo 3

480 484 Weller Street, Peterborough, ON K9H2N6 Photo 4

480 484 Weller Street, Peterborough, ON K9H2N6 Photo 5

480 484 Weller Street, Peterborough, ON K9H2N6 Photo 6

480 484 Weller Street, Peterborough, ON K9H2N6 Photo 7

Bedrooms: 22
Bathrooms: 13

MLS®: 40550106
Added: 49 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. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: None
Heating: Radiant heat, Natural gas
Stories: 3
Basement: None
Directions: WELLER STREET BETWEEN MONAGHAN & PARK STREET, NORTH SIDE AT BELMONT
Lot Features: Crushed stone driveway, Laundry- Coin operated
Photos Count: 24
Water Source: Municipal water
Parking Total: 15
Bedrooms Total: 22
Common Interest: Freehold
Parking Features: Detached Garage
Subdivision Name: 3 Old West End
Tax Annual Amount: 20971
Exterior Features: Brick
Foundation Details: Stone
Zoning Description: R1
Number Of Units Total: 12

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Nearby Places

Name	Type	Address	Distance
The Magic Rolling Pin	Bakery	302 King St	0.6 km
King Bethune House, Guest House & Spa	Lodging	270 King St	0.7 km
Karma's Cafe	Restaurant	217 Hunter St W	0.7 km
Gabby's Peterborough	Bar	211 Hunter St W	0.8 km
Night Kitchen The	Restaurant	229 Hunter St W	0.8 km
Union Theatre (Peterborough)	It served as an arts collective serving local and ...		0.8 km
La Hacienda Mexican Restaurant	Restaurant	190 Hunter St W	0.8 km
Peterborough Transit	There are express routes to Trent University and F...		0.8 km
Shish-Kabob Hut	Restaurant	220 King St	0.8 km
Peterborough Collegiate	Regular student programming ended at Peterborough ...		0.9 km
Parkhill On Hunter	Restaurant	180 Hunter St W	0.9 km
Soupcon	Restaurant	187 Charlotte St	0.9 km

480 484 Weller Street 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 Street. 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	55
Bachelor's degree	35
Certificate of Qualification	10
College	25
Degree in medicine	15
University degree at bachelor level or above	115

Neighbourhood Marital Status Stat

Married	200
Widowed	25
Divorced	20
Separated	10
Never married	95
Living common law	40
Married or living common law	240
Not married and not living common law	145

Neighbourhood Construction Date

1961 to 1980	10
1960 or before	170

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