$429,000
Peterborough
265 Stewart Street, Peterborough (Town Ward 3), Ontario, K9J3M8
This multi-family property in Peterborough is for sale offering roughly 1,750 sq ft of space. It has been on the market 0 days, fresher than the Peterborough average of 60 days.
This Victorian-era duplex in the heart of downtown Peterborough, currently operating as an investment property with separate units generating a total of $3,200 per month. The 2-storey property offers the flexibility to continue as a rental income opportunity or unlock its full potential through a complete renovation. The main floor features hardwood flooring, newer windows for abundant natural light, a spacious living room large enough to accommodate a dining area, and an eat-in kitchen with laminate flooring, a breakfast area, side-door entrance, laundry area with newer machines, two fridges, two microwaves, and convenient access to a recently renovated 3-piece bathroom with tile flooring, vanity, and separate shower. The second floor offers broadloom throughout, generous bedrooms, a 4-piece bathroom with tile flooring, vanity, and frosted privacy window, plus a unique bedroom with vinyl flooring, sink, pantry, and potential second kitchen space with room to add appliances. The partially finished basement includes above-grade windows, a cold room, and recreation area, offering excellent development potential for additional living space, or future customization. Recent utility updates include central air conditioning, hot water tank, and furnace motor, with LED lighting for improved energy efficiency. Outside, enjoy a private laneway with parking for 4 vehicles and a large fully fenced backyard with planters and garden shed, offering space to create a peaceful outdoor escape. Perfectly situated near the Otonabee River, Little Lake, James Stevenson Park, Nicholls Oval Park, Liftlock Golf Club, Kawartha Golf Club, nearby schools including St. Peter Catholic Secondary School, Queen Mary Public School & more. Plus historical landmarks, museums, art galleries, shopping, restaurants, community centres, Galaxy Cinemas, public transit, Peterborough Regional Hospital, and convenient access to the Trans-Canada Highway for travel throughout Northern Ontario and into Quebec. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 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 5-bed multi-family in Peterborough (Town Ward 3) has been listed for 0 days, which is 60 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 $429,000, about 5.9× the local median household income of $72,500.
Carrying it typically needs a household income of about $83,799 (20% down, 25-yr amortization, stress-tested) — roughly 16% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9J)
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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.