Size
-
Lot size
4693 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$180 - $257
Taxes
$5,247 (2024)
Parking Type
-
Style
3-Storey
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Description
Located in the heart of Peterborough, this well-positioned fourplex offers strong immediate cash flow supported by reliable tenants. The property features a diverse unit mix consisting of one one-bedroom, two two-bedroom, and one three-bedroom unit, with the three-bedroom unit currently vacant and ready for lease at market rent. Once stabilized, the property is projected to achieve a 7.1% cap-rate. Each suite operates on individual baseboard electric heating, with Unit 1 uniquely equipped with its own furnace. All units have separate hot water tanks, and hydro is separately metered, with sub-panels installed for Units 3 and 4. All tenants are responsible for their own utilities, minimizing operating costs and improving net performance.With its balanced unit mix, solid rental structure, and strong in-place income, this property represents a turnkey investment opportunity in a growing and well-established community, ideal for investors seeking dependable returns and long-term stability.
Broker: EXP REALTY
MLS®#: X12469712
Property details
Parking:
5
Parking type:
-
Property type:
Triplex
Heating type:
Baseboard
Style:
3-Storey
MLS Size:
3500-5000 sqft
Lot front:
39 Ft
Lot depth:
114 Ft
Listed on:
Oct 18, 2025
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Instant estimate:
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$60,939
lower than listed pricei
High
$892,435
Mid
$838,561
Low
$815,749
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