Address
287 Stewart Street, Peterborough, ON
Price
$ 475,000

Your Agent

Wade Hamblin

REALTOR®

705-875-1341


Listing provided by Wade Hamblin, REALTOR®, REMAX Hallmark Eastern Realty

Property Attributes
  • MLS#X13514564
  • TypeMulti-Family
  • Listing Status New
  • CityPeterborough
  • AreaTown Ward 3
  • NeighbourhoodTown Ward 3
  • Postal CodeK9J 3N2
  • Style2-Storey
  • Taxes$ 5378
  • Price$ 475,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2000-2500
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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.

Price History
7/2/2026 Listed $475,000

General Features

Sewer Sewer
Cooling None
Roof Asphalt Shingle
Architectural Style 2-Storey
Pool Features None
Construction Materials Brick
Heater Type Forced Air
Parking Spaces 6
Property Subtype Fourplex
Tax Year 2025
Lot Depth 108.24
County Peterborough
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction West
Garage Y/N No
Status New
City Peterborough
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 5378.0
Standard Status Active
Occupancy Type Tenant
Legal Description Pt G PL 10 Peterborough; Peterborough

Interior Features

Interior Amenities Water Heater Owned
Basement Crawl Space
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 4
Elevator? No
Total Baths 4
Bedrooms 4
Living Area Range 2000-2500

Exterior Features

Total Parking 6.0
Garage Type None
Foundation Details Prefabricated
Spa No
Waterfront Y/N No
Covered Spaces 0.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K9J 3N2

Price
AVG $480K
$480K
Taxes
AVG $5,378
$5,378
Visits
AVG 118
118
Data Provided by Inside Real Estate®

Your Agent

Wade Hamblin

REALTOR®

705-875-1341


Listing provided by Wade Hamblin, REALTOR®, REMAX Hallmark Eastern Realty

Listed By
RE/MAX HALLMARK EASTERN REALTY