2228 Indian River Line

Indian River

2228 Indian River Line
2228 Indian River Line
2228 Indian River Line
+18
* This unit size is calculated from property.ca data
$1,995,000
Instant Estimate Not Available
For Sale
48 days
 on site
$1,995,000
Instant Estimate Not Available
* This unit size is calculated from property.ca data
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Size
6000 sqft
Lot size
-
Street frontage
-
Possession
-
Price per sqft
$333
Taxes
$6,813 (2024)
Parking Type
-
Style
Other
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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.
Broker: EXP Realty Brokerage
MLS®#: 40777751
Property details
Parking:
12
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
Other
MLS Size:
6000 sqft
Lot front:
298 Ft
Listed on:
Oct 27, 2025
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Instant estimate:
Not Available

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About 2228 Indian River Line

Located at 2228 Indian River Line, this Indian River multiplex is available for sale. 2228 Indian River Line has an asking price of $1995000, and has been on the market since October 2025. This multiplex is 6000 sqft.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.

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