287 Stewart Street
Town Ward 3, Peterborough, K9J 3N2
FOR SALE
$499,000

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4
BEDROOMS4
BATHROOMS4
KITCHENS12
ROOMSX13070424
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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.
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Property Features
Water Heater Owned
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Property Details
Address
287 Stewart Street
Community
City
Postal Code
K9J 3N2
Property Type
Fourplex, Fourplex
Lot Size
54' x 108'
Taxes
$5,378 (2025
Basement
Crawl Space
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Re/Max Hallmark Eastern Realty
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