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292-294 TOWNSEND STREET, Peterborough (Town Ward 3) — listed at $575,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Incredible investment opportunity in the heart of Peterborough! This clean, well maintained 4-plex is a rare find - offering a total of 4 self contained units; bright 1 bedroom apartments. The property is fresh, clean, and fully tenanted which offers immediate cash flow. Ample parking for tenants. Steps to parks trails, the river, and vibrant village amenities. Easy access to downtown, Hwy 115 and Trent University. With its balanced unit mix, solid rental structure, and strong in-place income, this property represents a turnkey investment opportunity in a growing and well-established community, ideal for investors seeking dependable returns and long-term stability. A true turn-key property in a prime location - don't miss this one! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.29 x 3.55 meters |
| Kitchen | Second level | 3.49 x 2.85 meters |
| Primary Bedroom | Second level | 3.48 x 2.98 meters |
| Kitchen | Main level | 3.4 x 2.86 meters |
| Primary Bedroom | Main level | 3.54 x 2.84 meters |
| Living room | Main level | 4.04 x 3.56 meters |
| Kitchen | Main level | 3.39 x 2.86 meters |
| Primary Bedroom | Main level | 3.53 x 3.4 meters |
| Living room | Second level | 3.62 x 2.95 meters |
| Kitchen | Second level | 2.89 x 2.38 meters |
| Primary Bedroom | Second level | 3.48 x 2.95 meters |
| Living room | Second level | 2.89 x 3.62 meters |
What's the parking situation?+
This property includes 5 spaces — No Garage.
Is 292-294 TOWNSEND STREET a good fit for a growing family?+
With 4 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,502, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 4 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
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