Exceptional Investment Opportunity in the Heart of Peterborough! Welcome to 194 London Street a solid, all-brick triplex located in a prime downtown location just steps from public transit, walking trails, park s, and all major amenities. This well-maintained property is ideal for investors looking to add a reliable, income-generating property to their portfolio. Property Highlights: Excellent central location, perfect for students and working professionals Private on-site parking Coin-operated laundry in basement for added convenience Generous backyard space for tenants to enjoy Currently tenanted with long-standing tenants in place Unit Breakdown: Unit #1: $932.45/month + Hydro (Tenant for 10+ years) Unit #2: $1,740/month All-Inclusive (Tenanted until March 2025) Unit #3: $835.35/month + Hydro (Tenant for 10+ years) This is a rare opportunity to own a turnkey investment with strong rental history, low vacancy, and room to grow. A fantastic addition to any portfolio at a price point that cant be beat! Legal Desc: Pt Lt 4 N Of London St & W Of George St Pl 1 Town Of Peterborough As In R471609 S/T & T/W R471609 Peterborough City.
Address
194 London Street
List Price
$474,900
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2 1/2 Storey
Transaction Type
sale
Area
Peterborough Central
Sub-Area
3 North
Region
Peterborough
Bedrooms
4
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
95.67
Lot Size Units
Feet
Lot Width
29
Approx. Age
100+ Years
MLS® Number
X12299558
Listing Brokerage
RE/MAX HALLMARK EASTERN REALTY
Basement Area
Full, Unfinished
Postal Code
K9H 2Y9
Parking
Front Yard Parking, Private
Parking Places (Total)
3
Tax Amount
$4,308.00
Tax Year
2024
Exterior Features
Year Round Living
Interior Features
Accessory Apartment, Other
Property Features
Level, Hospital, Other, Park, Public Transit, Rec./Commun.Centre
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick
Direction Faces
North
Fireplace
No
Foundation Details
Concrete
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Asphalt Shingle
Security Features
Carbon Monoxide Detectors, Smoke Detector
View Type
City
Waterfront
No
Waterfront
None
Sewer
Sewer
