2228 Indian River Otonabee-South Monaghan, Ontario K0L2B0, Otonabee-South Monaghan , K0L2B0
Listing ID: X12483650
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$1,995,000
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4
Sq. Ft.
Data last updated: December 13, 2025 at 01:38am
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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:26452)

House located at 2228 Indian River Otonabee-South Monaghan, Ontario K0L2B0. 2228 Indian River Otonabee-South Monaghan, Ontario K0L2B0 is in the Otonabee-South Monaghan neighborhood.
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Agent Contact: ANDREW ODOARDI Phone: +18665307737
Listing Courtesy of: EXP REALTY
Source: crea , MLS#: X12483650

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AO
ANDREW ODOARDI
(866) 530-7737

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ANDREW ODOARDI
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment