About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13514564
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	2,000 sq ft
Beds / Baths	4 bed · 4 bath
Neighbourhood	Town Ward 3
City	Peterborough
Postal Code	K9J 3N2
Province	ON
Listed Date	July 2, 2026
Days on Market	35
Price per Sq Ft	$238
Brokerage	RE/MAX HALLMARK EASTERN REALTY