Property Description
DUPLEX WITH R6 ZONING | ADDITIONAL MULTI-UNIT POTENTIAL Legal duplex located in Peterborough with R6 zoning offering strong redevelopment and additional multi-unit potential. R6 zoning permits up to 8 units, subject to required setbacks and minor variances. Zoning confirmation has been discussed directly with the City of Peterborough, who have indicated openness to additional units under the current zoning framework. Buyers to complete their own due diligence. Current layout includes Unit 1 with 2 bedrooms and 1 bathroom, and Unit 2 with 2 bedrooms and 1.5 bathrooms. Major system upgrades completed throughout include all new electrical, new plumbing throughout, two new furnaces and HVAC systems, new drywall and insulation, and updates completed to meet Ontario Building Code fire-rating requirements. Additional improvements include a new deck and a new survey. An excellent opportunity for investors or developers seeking a legal duplex with future density upside in a growing urban location. (id:63357)
Property Details
- Bedrooms
- 4
- Bathrooms
- 3
- Stories
- 1.5
- Status
- Active
Location & Neighborhood
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