For Sale: 271 Thomas Street, Peterborough, ON - REW
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$849,900
12 bd 4 ba 3000 - 3499 sf Multifamily

271 Thomas StreetPeterborough, ON, K9J 5E7

Downtown
  • 12 Bed
  • 4 Bath
  • 3000 - 3499 Sqft
  • Multifamily

About this home

WOW. Fully renovated, turnkey licensed Large Rental Dwelling with 12 sparkling rental rooms. Projected NOI approx. $85,000. Excellent opportunity to own a fully renovated and upgraded, licensed Large Rental Dwelling with strong income and quality tenants. Well-managed and modernized top to bottom including 100% new flooring, updated kitchens, renovated bathrooms, and numerous additional upgrades throughout. Each side offers 6 bedrooms, 2 full baths, a full kitchen, and an unfinished basement with laundry. Rent includes utilities, laundry, and internet. Some rooms come fully furnished. See Documents for list of inclusions and recent upgrades since August 2022. One side also includes an unfinished room with potential to create a 13th bedroom for increased revenue. Forced-air gas and central a/c both sides. Excellent cash flow. Don't miss this opportunity! (id:63626)
Listed by: Derek Green, Salesperson, RE/MAX HALLMARK EASTERN REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2025
$5,838
Home facts
Bedrooms
12
Full Bathrooms
4
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
87.5 feet
Frontage
40.3 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Unfinished, Full
Features
Flat site, Lane, Separate Heating Controls
Appliances
Dryer, Furniture, Microwave, Oven, Refrigerator, Stove, Two Washers, Water Heater, Water meter
Community
Agent details
Primary Agent
Derek Green
Primary Broker
RE/MAX HALLMARK EASTERN REALTY
Listing details
Days on REW
25 Days
MLS® Number
X13495002
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Prince of Wales School
  • Public
  • JK - 8
Queen Mary Public School
  • Public
  • JK - 8
Children's Montessori School, The
  • Private
  • Pre-K - 7
Peterborough Collegiate
  • Public
  • 9 - 12
St. Peter Catholic Secondary School
  • Catholic
  • 9 - 12
ÉÉC Monseigneur-Jamot
  • Catholic
  • JK - 8
St. Teresa Catholic Elementary School
  • Catholic
  • JK - 8
Keith Wightman Public School
  • Public
  • JK - 6
Immaculate Conception Catholic Elementary School
  • Catholic
  • JK - 8
Westmount Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-21.