A rare chance to take the next step on a centrally located Peterborough redevelopment project. Offered in shell condition, 514 + 516 Aylmer St N gives a builder, investor or hands-on operator the opportunity to finish the work, shape the final product and create value through their own execution.A two-storey with unfinished attic has had visible exterior and interior work already been completed, creating a strong starting point for the next phase. The site lends itself to a thoughtful multi-unit vision, whether the goal is a finished rental asset, a tailored redevelopment plan or a long-term hold in a central Peterborough location.Close to Peterborough Regional Health Centre, downtown amenities, transit routes and key commuter connections, this is an opportunity for a buyer who sees the upside in completing a project rather than starting from scratch. Bring your plans, your team and your vision.
works out to roughly $214 per square foot. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.
Inside 514-516 Aylmer St N
Every detail from the listing, in one place.
Type
Fourplex
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
4 spaces
Basement
Separate Entrance, Partially Finished
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Separate Entrance · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Fourplex
514-516 Aylmer St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14088298$749,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 514-516 Aylmer St N Compares to the Peterborough Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,680
/mo
based on the purchase price of $749,000
$149,800 cash
$599,200 financed
$504,684 total interest
Principal54%$599,200
Interest46%$504,684
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Peterborough
Other 4–8 bed homes for sale in Peterborough around $749K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings424Homes for sale here right now.
Median vs prior 90 days+6.0%Compared with Apr 20 – Jul 19, 2026: prices up.
Based on 380 sales from Jul 19 – Oct 17, 2026 (323 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 514-516 Aylmer St N
How much is 514-516 Aylmer St N listed for?
514-516 Aylmer St N is listed at $749,000 (MLS® X14088298). Summitly updates the price as soon as the MLS® record changes.
Is $749,000 a good price for 514-516 Aylmer St N?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Peterborough. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 514-516 Aylmer St N changed?
No — 514-516 Aylmer St N is still listed at its original asking price of $749,000.
How many bedrooms and bathrooms does 514-516 Aylmer St N have?
514-516 Aylmer St N has about 3,500–5,000 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a fourplex in Peterborough.
How much would the monthly mortgage be on 514-516 Aylmer St N?
About $3,680 a month — principal and interest on $749,000 with 20% down ($149,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 514-516 Aylmer St N compare with other homes in Peterborough?
Its asking price of $749,000 is about 30% above the median sold price in Peterborough over the last 90 days, $577,778, across 380 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 514-516 Aylmer St N been sold before?
Summitly has no earlier MLS® sale or lease of 514-516 Aylmer St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 514-516 Aylmer St N?
514-516 Aylmer St N is in Peterborough, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 514-516 Aylmer St N been on the market?
1 day — 514-516 Aylmer St N was listed on October 16, 2026.
What is the price per square foot of 514-516 Aylmer St N?
About $150 to $214 per square foot: the asking price of $749,000 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 514-516 Aylmer St N have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 514-516 Aylmer St N have a basement, and is it finished?
The listing describes the basement as: Separate Entrance, Partially Finished.
