287 STEWART STREET
Peterborough (Town Ward 3), Ontario
MLS® X13514564
$475,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13514564
- Bedrooms
- 4
- Bathrooms
- 4
- Year built
- —
1 / 8Listing 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.
Property summary
- MLS® number
- X13514564
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 54.1 x 108.2 FT
- Annual property taxes
- $5,378.00
- Parking
- 6 spaces · No Garage
- Days on market
- 60 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Crawl space
- Appliances
- Refrigerator, Stove, Water Heater
- Exterior features
- Brick
What would this home cost you?
Based on the $475,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX HALLMARK EASTERN REALTY, Peterborough.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.