+40 more
10
Bedrooms
2 + 1 half
Bathrooms
2,000 sqft
Living Area
5,403 sqft
Lot
3
Parking
About This Property
This 10-bedroom, 3-bathroom single family in Peterborough offers 2,000 sqft of living area on a 5,403 sqft lot. 2 storeys. The property has lot dimensions of 50.4 x 96.7 FT ; 50.44 X 96.71 X 53.76 X 116.63, cross street Lansdowne St & Lock St, zoned R1. The home features forced air, natural gas heating, central air conditioning, a finished, walk out basement, a fireplace.
MLS Remarks
Updated in 2024, this purpose-built multi-bedroom investment property delivers exceptional cashflow with truly hands-off ownership. Featuring 10 bedrooms, 3 bathrooms, and three cooking stations (one full kitchen plus two kitchenettes), the layout is purpose-designed for flexible room-by-room leasing-maximizing rental efficiency and income potential. Positioned directly across from the Trent-Severn Waterway at Lock 19, the property enjoys tranquil water views in a safe, family-friendly neighbourhood within one of Peterborough's strongest rental corridors.Proximity to transit, Lansdowne Street amenities, Fleming College, Trent University, and Seneca Aviation ensures consistent demand from students and working professionals alike. The property offers (3) three surface parking spaces with abundant visitor parking conveniently located across the street. Professionally managed, currently generating $5,900/month with 8 of 10 bedrooms rented (with the potential for an additional $1,000+/month), this is a rare turnkey opportunity for investors seeking predictable cash flow, long-term appreciation, and scalable growth. 2025 Operating Costs: Property Taxes: $4,318, Insurance: $4,310, Utilities: $5,868. Vacant possession can be arranged if desired. (id:60351)
Overview
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