Size
-
Lot size
5857 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$200 - $250
Taxes
$5,378 (2025)
Parking Type
-
Style
2-Storey
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Description
Incredible investment opportunity in the heart of Peterborough! Offered at $499,000, this centrally located four-plex presents immediate upside potential for investors or owner-occupiers alike. Featuring three occupied units generating current rental income plus one vacant 2-bedroom unit ready for a new tenant at market rent, this property offers the perfect opportunity to increase cash flow from day one. Unit breakdown includes: Vacant 2-bedroom unit with estimated market rent potential of approximately $1,750/month Three additional tenanted 1-bedroom units currently generating approximately $2,228/month combined. Projected market rents offer excellent future income potential for savvy investors looking to add value over time. Each unit is individually metered for hydro and water, helping reduce operating expenses and simplify management. The property also features ample parking with four rear parking spaces plus additional front driveway parking. Conveniently located close to downtown, transit, schools, and everyday amenities, this versatile multi-unit property is a rare opportunity to secure a strong income-producing asset with long-term growth potential.
Broker: RE/MAX HALLMARK EASTERN REALTY
MLS®#: X13070424
Property details
Parking:
6
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
54 Ft
Lot depth:
108 Ft
Listed on:
May 1, 2026
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Instant estimate:
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$26,367
lower than listed pricei
High
$502,997
Mid
$472,633
Low
$459,775
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