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    For Sale - 287 Stewart Street, Peterborough, Ontario

    Est payment $2,396/mo
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    Views   2
    Time on Jump  52 day

    AI Summary *

    • Central location provides easy access to downtown and amenities.
    • Three units already occupied with steady rental income.
    • Vacant 2-bedroom unit ready to rent at market rates.
    • Individually metered units help lower operating costs.
    • Ample parking space available for residents and guests.




    Incredible investment opportunity in the heart of peterborough! Offered at $499,000, this centrally located four-plex presents immediate upside potential for investors or owner-occupiers alike. Featuring three occupied units generating current rental income plus one vacant 2-bedroom unit ready for a new tenant at market rent, this property offers the perfect opportunity to increase cash flow from day one. Unit breakdown includes: vacant 2-bedroom unit with estimated market rent potential of approximately $1,750/month three additional tenanted 1-bedroom units currently generating approximately $2,228/month combined. Projected market rents offer excellent future income potential for savvy investors looking to add value over time. Each unit is individually metered for hydro and water, helping reduce operating expenses and simplify management. The property also features ample parking with four rear parking spaces plus additional front driveway parking. Conveniently located close to downtown, transit, schools, and everyday amenities, this versatile multi-unit property is a rare opportunity to secure a strong income-producing asset with long-term growth potential.
    Listing IDX13070424
    Address287 Stewart Street
    CityPeterborough, Ontario
    Price$499,000
    Bed / Bath4 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Water Heater OwnedOwnership FreeholdBasement Crawl SpaceFoundation PrefabricatedHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  RE/MAX HALLMARK EASTERN REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    287 Stewart Street
    Peterborough , Ontario
    4 4 $499,000
    Get more info