341 George Street South, Peterborough (Town Ward 3), Ontario, K9J3C8




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$409,999
Peterborough
This multi-family property in Peterborough is for sale offering roughly 1,750 sq ft of space. It has been on the market 6 days, fresher than the Peterborough average of 61 days.
Attention investors - this is the kind of cash-flow opportunity that doesn't come around often. Located in the heart of downtown, this solid, well-maintained duplex offers strong income potential with 5 bedrooms, 3 updated full bathrooms, and 2 modernized kitchens. Designed for efficiency and flexibility, the property features two separate hydro meters - making it ideal for managing expenses and maximizing returns. Currently fully tenanted, it provides immediate income from day one. Positioned in a prime, walkable location close to shops, dining, and everyday amenities, with public transit right at your doorstep, this is a turnkey addition to any investment portfolio - or a great option for buyers looking to live in one unit and rent the other. Opportunities like this in downtown Peterborough are rare - don't miss it. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 6 days on market, against an average age of 61 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 6 days, which is 55 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $409,999, about 5.7× the local median household income of $72,500.
Carrying it typically needs a household income of about $80,087 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9J)
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Loading rates, 30-yr amortization
Cash Needed to Close
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