$798,000
Peterborough
234 Antrim Street, Peterborough (Town Ward 3), Ontario, K9H3G4
This multi-family property in Peterborough is for sale offering roughly 2,250 sq ft of space. It has been on the market 1 day, fresher than the Peterborough average of 60 days.
FAMILY INVESTMENT OPPORTUNITY! Step into history with this beautifully preserved 1870s Victorian mansion, ideally situated on a large corner lot in a prime Peterborough location. Rich in character and thoughtfully updated, this impressive property features significant capital improvements, including a new roof, updated wiring, three renovated kitchens, three renovated 4-piece bathrooms, luxury carpeting, and fresh paint. Classic Victorian details take centre stage with an expansive covered wraparound veranda and stunning staircase, while the large yard with a new fence offers exceptional outdoor space, privacy, and parking for six or more vehicles. Currently configured as three spacious two-bedroom apartments, each with its own private entrance and separate meters, plus each with its own separate water heater, this property offers exceptional versatility for investors, multi-generational families, or first-time buyers looking to offset homeownership costs with rental income. The generous city lot may also offer future potential for an additional accessory dwelling unit, subject to applicable approvals. Enjoy a convenient lifestyle within walking distance of the Otonabee River and downtown Peterborough, along a bus route, and just minutes from Trent University. A rare opportunity to own a distinctive piece of Peterborough's architectural history with modern updates and income-generating potential. The seller would possibly consider a vendor take-back mortgage for a qualified buyer, offering a potential alternative financing arrangement. Explore the possibilities and make this remarkable Victorian property your next investment! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 1 day 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 6-bed multi-family in Peterborough (Town Ward 3) has been listed for 1 day, which is 59 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $798,000, about 12.5× the local median household income of $64,000.
Carrying it typically needs a household income of about $155,877 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9H)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.