$438,888
Peterborough
632 Union Street, Peterborough (Town Ward 3), Ontario, K9H3V5
This 4-bedroom, 3-bathroom home in Peterborough is for sale. Its $438,888 asking price sits right in line with the $450,000 median in Peterborough.
Excellent opportunity for investors or multi generational living. This well maintained duplex offers two fully self contained 2bedroom units in Peterborough's desirable North Central neighborhood steps to downtown amenities, transit, schools, Trent University, Fleming College, shopping, and parks. Unit A (Upper):2 bedrooms, 1 bathroom, kitchen, large foyer, and basement laundry. Unit B (Main):2bedrooms, 2 bathrooms, an oversized kitchen/living/dining/family area, plus in unit laundry. This turnkey duplex features a new roof (2025), private entrances, and separate hydro meters, making it an ideal fit for investors or multi generational families seeking rental support. Both units are occupied by cooperative, reliable tenants willing to stay on with the new owner, providing immediate, stable cash flow with projected rents of approximately $3,450/month. Outside, the property includes a detached double car garage. perfect for storage, a workshop, or additional rental income plus a large driveway accommodating 4+ vehicles. Located on a quiet, low traffic street beside a park, the home offers a peaceful setting while remaining close to everything that drives strong rental demand. This combination of location, condition, and income potential makes 632 Union St a standout opportunity in a high demand rental corridor. Whether you're expanding your portfolio, securing a reliable income property, or seeking a flexible multi unit home, this duplex delivers stability, versatility, and long term value. With major updates completed and income ready to go, this is a clean, low maintenance investment you won't want to miss. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 98 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 4-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 $438,888, about 6.9× the local median household income of $64,000.
Carrying it typically needs a household income of about $85,730 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9H)
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