Attention Investors! Exceptional opportunity to acquire a purpose-built fourplex in the heart of Peterborough with significant upside potential. The property features four self-contained units, consisting of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit, offering excellent flexibility for investors or owner-occupants.Currently, one unit is leased for $1,750 per month, with the remaining units vacant, providing the opportunity to lease at current market rents or occupy one unit while generating rental income from the others.Each unit features separate electric baseboard heating, with Unit 1 also benefiting from its own forced-air furnace. The property is separately metered for hydro, with sub-panels servicing Units 3 and 4, allowing tenants to pay their own utilities and helping to minimize operating expenses.Ideally located close to schools, shopping, public transit, parks, and all major amenities, this property offers strong income potential and an excellent opportunity to build long-term equity in a growing rental market. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this is a property you won't want to miss.Book your private showing today! (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Living Area (Min):
3,500 sq. ft.325 m2
Living Area (Max):
5,000 sq. ft.465 m2
Zoning:
r4
Taxes:
$5,247 /
-
Community:
Town Ward 3
Features:
Separate Electricity Meters
Exterior Features:
Brick Veneer
Structure Type:
Fourplex
Utilities:
Sewer, Electricity
Appliances Included:
Washer, Refrigerator, Stove, Dryer
Bedrooms:
8
Bedrooms Above Grade:
8
Bedrooms Below Grade:
0
Bathrooms:
4.0
Cooling:
None
Fireplace:
Yes
Foundation:
Concrete
Heating:
Baseboard heaters, Forced air, Electric, Natural gas
Data was last updated July 18, 2026 at 03:45 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$574,950
Min list price:
$475,000
Max list price:
$1,799,900
Avg days on market:
27
Min days on market:
10
Max days on market:
175
Avg price per sq.ft.:
$163.63
These statistics are generated based on the current listing's property type
and located in
Town Ward 3. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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