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$585,000
Peterborough
675 Stewart Street, Peterborough (Town Ward 3), Ontario, K9H4C5
This multi-family property in Peterborough is for sale offering roughly 1,750 sq ft of space.
Don't miss out on this beautiful century brick duplex full of preserved character and charm, offering a cash-flow investment opportunity or the opportunity to own a home with rental income to help offset the costs of ownership. The home has been thoughtfully updated while maintaining its original character, including new flooring in the main house kitchen and bathroom, new appliances throughout, fresh paint, updated lighting, new hot water heater, and most windows updated. The accessory apartment will be vacant in December, providing flexibility for an owner-occupier, new tenant, or investor. Ideally located just steps from the Trent Express, trail system, public transit, and a variety of amenities. The property offers parking for six vehicles in the driveway and features 4 bedrooms and 1 bathroom in the main home, plus a beautiful accessory apartment at the rear of the property.With its central location, convenience, and abundance of original character, this is a fantastic opportunity for investors or owner-occupiers alike. The main house is fully tenanted, with quality tenants and leases in place through May 2027. (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: 72 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) 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 $585,000, about 9.1× the local median household income of $64,000.
Carrying it typically needs a household income of about $114,271 (20% down, 25-yr amortization, stress-tested) — roughly 79% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice