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$445,900
Peterborough
194 London Street, Peterborough (Town Ward 3), Ontario, K9H2Y9
This 3-bedroom, 3-bathroom home in Peterborough is for sale offering roughly 2,250 sq ft of space. Its $445,900 asking price sits right in line with the $450,000 median in Peterborough.
Exceptional Investment Opportunity in the Heart of Peterborough! Welcome to 194 London Street, a solid all-brick triplex in a prime downtown location, just steps from public transit, walking trails, parks, and all major amenities. This property is ideal for investors looking to add a reliable, income-generating asset to their portfolio. Excellent central location, perfect for students and working professionals. Private on-site parking. Coin-operated laundry in basement for added convenience. Generous backyard space for tenants to enjoy. Two Vacant units and you can set your own rents and hand-pick your tenants Unit Break down: Unit #1: Vacant - potential rent $1,450 + hydro Unit #2: $1,780/month, all-inclusive (tenanted)Unit #3: Vacant - potential rent $1,300 + hydro A rare turnkey opportunity with strong upside potential and flexibility to set your own rents from day one. A fantastic addition to any portfolio at a price point that can't be beat! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 62 days on market, against an average age of 60 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This 3-bed single family in Peterborough (Town Ward 3) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $445,900, about 7.0× the local median household income of $64,000.
Carrying it typically needs a household income of about $87,100 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice