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Town Ward 3, Peterborough
$254,900
Attention Investors, Renovators & Contractors! Opportunity awaits at 467 Albert Street in Peterborough. This 2.5-storey brick duplex is fully vacant and ready for its next chapter. The property is in need of a full renovation, offering a blank slate for an investor or renovator looking to bring it back to life and build equity. With both units vacant, you can get to work right away without the challenges of existing tenancies. The solid brick exterior, established residential location and duplex configuration provide plenty of potential for those with the vision and experience to take on a substantial project. This is not a cosmetic fixer-upper - bring your tools, plans and imagination. Whether you're looking to renovate and hold as an income property, add to your rental portfolio, or explore other possibilities, 467 Albert Street is a chance to create value from the ground up. Fully vacant. Full renovation required. Bring your contractor and see the potential! This property is being sold as-is, where-is with no representations or warranty. Currently set up as a duplex, city will allow a retrofit done to bring it up to standards as legal duplex.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $3,538 |
| Lot Size | 22.3 ft x 82.9 ft |
| mls© Number | X13700212 |
| Listed By | MinCom Kawartha Lakes Realty Inc. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,305
- Property tax
- $295
- Heat allowance
- $150
- Housing costs
- $1,750 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$54,000
gross annual household income
- Payment at 4%
- $1,073 / mo
- Cash down
- $50,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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