8 Bedroom 4 Bathroom 2,500 - 3,000 ft2
None Baseboard Heaters Landscaped
$1,050,000
Four Self-Contained Units | Water Views | Exceptional Investment Opportunity. A rare opportunity to own a four-unit income property featuring a beautifully renovated detached 2-bedroom owner's residence with stunning water views. The bright private suite offers open-concept living, a full bath, abundant natural light, and steel roof, with efficient hydro costs of approximately $1,100 per year. The original home, built in 1867, contains two additional self-contained units, each with separate heat, hydro, and metered water, along with charming hardwood and pine floors and strong natural light. A third self-contained unit, added in 1956, offers a spacious two-level layout. Enjoy peaceful water views without the waterfront tax implications, as the shoreline on adjacent city-owned land is lovingly maintained and gardened by the current owner, creating a serene, private, park-like setting. Whether you're looking to live in one unit while generating income, create a multigenerational property, or expand your investment portfolio, this is a one-of-a-kind opportunity. The current owners unit will be vacant on closing, offering the new owner the flexibility to move in or generate rental income. Plans also exist for a 10' x 12' addition on the south/east side of Unit 4. (id:58073)
Property Details
| MLS® Number | X12860266 |
| Property Type | Multi-family |
| Community Name | Northcrest Ward 5 |
| Amenities Near By | Park, Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Sloping, Backs On Greenbelt, Carpet Free |
| Parking Space Total | 7 |
| Rental Equipment Type | Water Heater |
| Structure | Patio(s), Shed |
| View Type | River View, Direct Water View |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Age | 100+ Years |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Wood |
| Flooring Type | Hardwood |
| Foundation Type | Stone, Slab |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
Land
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 198 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 198 Ft |
| Size Total Text | 66 X 198 Ft |
| Surface Water | River/stream |
| Zoning Description | R3 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
| Second Level | Living Room | 3.32 m | 3.09 m | 3.32 m x 3.09 m |
| Second Level | Kitchen | 2.52 m | 4.08 m | 2.52 m x 4.08 m |
| Second Level | Bedroom | 3.09 m | 3.98 m | 3.09 m x 3.98 m |
| Second Level | Bedroom | 2.29 m | 3.74 m | 2.29 m x 3.74 m |
| Second Level | Bathroom | 1.64 m | 2.27 m | 1.64 m x 2.27 m |
| Lower Level | Recreational, Games Room | 6.91 m | 5.44 m | 6.91 m x 5.44 m |
| Lower Level | Bedroom | 4.58 m | 2.75 m | 4.58 m x 2.75 m |
| Lower Level | Laundry Room | 2.21 m | 2.18 m | 2.21 m x 2.18 m |
| Lower Level | Utility Room | 3.73 m | 6.1 m | 3.73 m x 6.1 m |
| Main Level | Kitchen | 3.35 m | 2.41 m | 3.35 m x 2.41 m |
| Main Level | Living Room | 3.05 m | 4.65 m | 3.05 m x 4.65 m |
| Main Level | Bedroom | 3.52 m | 2.55 m | 3.52 m x 2.55 m |
| Main Level | Bedroom | 3.53 m | 2.96 m | 3.53 m x 2.96 m |
| Main Level | Bathroom | 3.06 m | 1.76 m | 3.06 m x 1.76 m |
| Upper Level | Kitchen | 2.22 m | 5.45 m | 2.22 m x 5.45 m |
| Upper Level | Dining Room | 1.53 m | 4.19 m | 1.53 m x 4.19 m |
| Upper Level | Living Room | 3.16 m | 4.19 m | 3.16 m x 4.19 m |
| Upper Level | Bedroom | 4.58 m | 3.45 m | 4.58 m x 3.45 m |
| Upper Level | Bathroom | 2.22 m | 2.19 m | 2.22 m x 2.19 m |
| Ground Level | Foyer | 4.66 m | 4.1 m | 4.66 m x 4.1 m |
| Ground Level | Kitchen | 2.96 m | 5.51 m | 2.96 m x 5.51 m |
| Ground Level | Living Room | 3.44 m | 5.51 m | 3.44 m x 5.51 m |
| Ground Level | Bedroom | 3.23 m | 4.7 m | 3.23 m x 4.7 m |
| Ground Level | Bedroom | 3.25 m | 3.26 m | 3.25 m x 3.26 m |
| Ground Level | Bathroom | 2.29 m | 2.22 m | 2.29 m x 2.22 m |
| Ground Level | Utility Room | 2.17 m | 1.27 m | 2.17 m x 1.27 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29444495/834-water-street-peterborough-northcrest-ward-5-northcrest-ward-5