$789,900
Peterborough
383-387 Mark Street, Peterborough (Ashburnham Ward 4), Ontario, K9H1V8
This 6-bedroom, 3-bathroom home in Peterborough is for sale offering roughly 2,750 sq ft of space.
The Crown Jewel of East City Investment Opportunities Opportunities like this rarely come to market. Perfectly positioned in the heart of Peterborough's coveted East City, this exceptional, fully tenanted triplex represents the kind of investment every serious real estate investor is searching for-stable, low-maintenance, and located in one of the city's most sought-after neighbourhoods. Surrounded by vibrant restaurants, boutique shopping, schools, parks, trails, and the beach, this property offers tenants an unbeatable lifestyle that continues to drive strong rental demand and long-term occupancy. Unlike the typical triplex, each of the three generous townhouse-style residences spans two storeys, providing the feel of a private home rather than an apartment. Every unit features two spacious bedrooms, in-suite laundry, and its own fully private backyard-an increasingly rare amenity that attracts quality tenants and encourages long-term retention. Two of the three units have also benefited from recent updates, further enhancing the property's appeal. Whether you're expanding an established portfolio or acquiring a flagship income property, this is a true turnkey investment delivering immediate cash flow with exceptional long-term upside. In a market where quality multi-residential assets are increasingly scarce, this East City gem stands apart as a rare opportunity to own a premium income producing property in one of Peterborough's strongest rental locations. Secure dependable income today while investing in one of the city's most desirable neighbourhoods for tomorrow. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 55 days on market, against an average age of 49 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 single family in Peterborough (Ashburnham Ward 4) 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 $789,900, about 12.3× the local median household income of $64,000.
Carrying it typically needs a household income of about $154,295 (20% down, 25-yr amortization, stress-tested) — roughly 141% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9H)
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Loading rates, 30-yr amortization
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