For Sale: 287 Stewart Street, Peterborough, ON - REW
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$499,000
4 bd • 4 ba • 2000 - 2499 sf • Multifamily
287 Stewart Street
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$499,000
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287 Stewart StreetPeterborough, ON, K9J 3N2

Downtown
  • 4 Bed
  • 4 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

Incredible investment opportunity in the heart of Peterborough! Offered at $499,000, this centrally located four-plex presents immediate upside potential for investors or owner-occupiers alike. Featuring three occupied units generating current rental income plus one vacant 2-bedroom unit ready for a new tenant at market rent, this property offers the perfect opportunity to increase cash flow from day one. Unit breakdown includes: Vacant 2-bedroom unit with estimated market rent potential of approximately $1,750/month Three additional tenanted 1-bedroom units currently generating approximately $2,228/month combined. Projected market rents offer excellent future income potential for savvy investors looking to add value over time. Each unit is individually metered for hydro and water, helping reduce operating expenses and simplify management. The property also features ample parking with four rear parking spaces plus additional front driveway parking. Conveniently located close to downtown, transit, schools, and everyday amenities, this versatile multi-unit property is a rare opportunity to secure a strong income-producing asset with long-term growth potential. (id:63626)
Listed by: Amanda Mccaskie, Salesperson, RE/MAX HALLMARK EASTERN REALTY

Home facts and features

Price details
List Price
$499,000
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Gross Taxes for 2026
$5,378
Home facts
Bedrooms
4
Full Bathrooms
4
Parking Spaces
6
Parking Details
No Garage
Property Type
Multifamily
Depth
108.2 feet
Frontage
54.1 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Crawl space
Appliances
Refrigerator, Stove, Water Heater
Community
Agent details
Primary Agent
Amanda Mccaskie
Primary Broker
RE/MAX HALLMARK EASTERN REALTY
Listing details
Days on REW
39 Days
Property Views
21
MLS® Number
X13070424
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

Children's Montessori School, The
  • Private
  • Pre-K - 7
Peterborough Collegiate
  • Public
  • 9 - 12
Prince of Wales School
  • Public
  • JK - 8
Queen Mary Public School
  • Public
  • JK - 8
ÉÉC Monseigneur-Jamot
  • Catholic
  • JK - 8
Immaculate Conception Catholic Elementary School
  • Catholic
  • JK - 8
St. Peter Catholic Secondary School
  • Catholic
  • 9 - 12
King George Public School
  • Public
  • JK - 6
St. Teresa Catholic Elementary School
  • Catholic
  • JK - 8
St. John Catholic Elementary School
  • Catholic
  • 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
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Call Agent
Salesperson
Amanda Mccaskie
Phone:
(705) 872-8502
Cell:
705-872-8502
Office:
705-743-9111
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.