Colliers is pleased to present the opportunity to acquire 1100 Hilliard Street, a low-density, townhome-style multifamily asset located in the thriving city of Peterborough, Ontario. Comprising 43 three-bedroom townhouse units situated on 3.2 acres of land, this property offers a rare combination of scale, suite size, and long-term redevelopment potential.
All townhomes are generously sized and feature private backyards, in-suite laundry, and individual entrances, catering to families. With a projected Year 1 Net Operating Income of $524,251 and an estimated 75% upside in rental income, the asset is ideally suited for value-add investors seeking both immediate cash flow and long-term growth.