Live waterside with supplemental income! Four Self-Contained Units | Water Views | Exceptional Opportunity. A rare opportunity to own a four-unit income property featuring a beautifully renovated detached 2-bedroom owner's residence with stunning water views. The bright private suite offers open-concept living, a full bath, abundant natural light, and steel roof, with efficient hydro costs of approximately $1,100 per year. The original home, built in 1867, contains two additional self-contained units, each with separate heat, hydro, and metered water, along with charming hardwood and pine floors and strong natural light. A third self-contained unit, added in 1956, offers a spacious two-level layout. Enjoy peaceful water views without the waterfront tax implications, as the shoreline on adjacent city-owned land is lovingly maintained and gardened by the current owner, creating a serene, private, park-like setting. Whether you're looking to live in one unit while generating income, create a multigenerational property, or expand your investment portfolio, this is a one-of-a-kind opportunity. The owners unit will be vacant on closing, offering the new owner the flexibility to move in or generate rental income. Plans also exist for a 10' x 12' addition on the south/east side of Unit 4.
Address
834 Water Street
List Price
$999,900
MLS® Status
Price Change
Expiration Date
2026-06-09
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
1 1/2 Storey
Transaction Type
Sale
Area
Peterborough
Sub-Area
Northcrest Ward 5
Bedrooms
8
Bedrooms (Total)
8
Rooms Above Grade
21
Bathrooms
4
Floor Area
2500-3000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
198
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
66
Parcel Number
284680009
Occupant Type
Owner+Tenant
Cross Street
Water and Argyle St
Approx. Age
100+ Years
MLS® Number
X12860266
Listing Brokerage
EXIT REALTY LIFTLOCK
Basement Area
None
Postal Code
K9H 3N9
Parking
Private
Parking Places (Total)
7
Parking Spaces
7
Tax Amount
$6,280.00
Tax Year
2025
Site Influences
Backs On Green Belt, Landscaped, Park, Patio, Privacy, Public Transit, River/Stream, School
Exterior Features
Backs On Green Belt, Landscaped, Privacy, Patio
Interior Features
Carpet Free
Property Features
Park, Public Transit, River/Stream, School
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Wood , Board & Batten
Direction Faces
East
Fireplace
No
Foundation Details
Stone, Slab
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
4
Other Structures
Garden Shed
Pool Features
None
Roof
Metal, Asphalt Shingle
Tax Legal Description
LT 37 PL 42 TOWN OF PETERBOROUGH ; PETERBOROUGH CITY
Topography
Sloping
View Type
River
Water View
Direct
Waterfront
No
Waterfront
Indirect
Water Body Name
Otonabee River
Water Body Type
River
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Second | Living Room | 3.32 x 3.09 | Hardwood Floor |
| Second | Kitchen | 2.52 x 4.08 | Hardwood Floor |
| Second | Bedroom | 3.09 x 3.98 | Hardwood Floor |
| Second | Bedroom | 2.29 x 3.74 | Hardwood Floor |
| Second | Bathroom | 1.64 x 2.27 | 4 Pc Bath |
| Main | Kitchen | 3.35 x 2.41 | Hardwood Floor |
| Main | Living Room | 3.05 x 4.65 | Hardwood Floor |
| Main | Bedroom | 3.52 x 2.55 | Hardwood Floor |
| Main | Bedroom | 3.53 x 2.96 | Hardwood Floor |
| Main | Bathroom | 3.06 x 1.76 | 4 Pc Bath |
| Upper | Kitchen | 2.22 x 5.45 | Hardwood Floor |
| Upper | Dining Room | 1.53 x 4.19 | Hardwood Floor |
| Upper | Living Room | 3.16 x 4.19 | Hardwood Floor |
| Upper | Bedroom | 4.58 x 3.45 | Hardwood Floor |
| Upper | Bathroom | 2.22 x 2.19 | |
| Lower | Recreation | 6.91 x 5.44 | Hardwood Floor |
| Lower | Bedroom | 4.58 x 2.75 | |
| Lower | Laundry | 2.21 x 2.18 | |
| Lower | Utility Room | 3.73 x 6.1 | |
| Ground | Foyer | 4.66 x 4.1 | Hardwood Floor |
| Ground | Kitchen | 2.96 x 5.51 | Eat-in Kitchen, Hardwood Floor |
| Ground | Living Room | 3.44 x 5.51 | Hardwood Floor |
| Ground | Bedroom | 3.23 x 4.7 | |
| Ground | Bedroom | 3.25 x 3.26 | Overlook Water |
| Ground | Bathroom | 2.29 x 2.22 | 4 Pc Bath, Heated Floor |
| Ground | Utility Room | 2.17 x 1.27 |
