For Sale: 632 Union Street, Peterborough, ON - REW
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$459,999
4 bd • 3 ba • 1500 - 1999 sf • House
632 Union Street
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$459,999
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632 Union StreetPeterborough, ON, K9H 3V5

Downtown
  • 4 Bed
  • 3 Bath
  • 1500 - 1999 Sqft
  • House

About this home

**Excellent opportunity for investors or multi-generations living**. A well maintained duplex featuring 2 self-contained 2 bedrooms units, located in Peterborough's desirable North Central Neighborhood, close to downtown amenities, transit, schools, Trent university, Fleming College, shopping and parks.Unit A -upper floor features 2 bedrooms, a kitchen, 1 bathroom, a large size foyer, Laundry rm resides in basement. Unit B-Main floor features 2 bedrooms, 2 bathrooms, laundry rm, extra-large kitchen/living/dining and family area.This turnkey 2 units duplex features a *NEW ROOF/2025*, private entrances, and separate hydro meters, making it an ideal fit for investors or multi-generational families seeking rental support.Both units are currently occupied by cooperative, reliable tenants who are willing to stay on with the new owner, providing immediate, stable cash flow with projected rents of approximately $3,450 per month.This property includes a detached double car garage, perfect for storage, workshop additional rental income with a large driveway for 4 additional cars.Situated on a quiet, low traffic street beside a park, the home provides a peaceful setting while remaining close to everything that drives strong rental demand. This combination of location, condition, and income potential makes 632 Union St a standout opportunity in a high demand rental corridor.Whether you're expanding your portfolio, securing a reliable income property, or looking for a flexible multi unit home, this duplex delivers stability, versatility, and long term value. With a new roof, updated interiors, and income ready to go, this is a clean, low maintenance investment you won't want to miss. A cashflow ready opportunity with major upgrades already done. (id:63626)
Listed by: RAY RAYKHA, Salesperson, HOMELIFE/MIRACLE REALTY LTD, BROKERAGE

Home facts and features

Price details
List Price
$459,999
Get Pre-Approved
Gross Taxes for 2025
$3,874
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
6
Parking Details
Detached Garage, Garage
Property Type
House
Depth
73.3 feet
Frontage
50.4 feet
Title
Freehold
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Basement Details
Unfinished, Crawl space
Features
Separate Electricity Meters
Appliances
Dryer, Refrigerator, Stove, Washer, Window Coverings
Community
Agent details
Primary Agent
RAY RAYKHA
Primary Broker
HOMELIFE/MIRACLE REALTY LTD, BROKERAGE
Listing details
Days on REW
24 Days
MLS® Number
X13123060
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

Peterborough Collegiate
  • Public
  • 9 - 12
Children's Montessori School, The
  • Private
  • Pre-K - 7
St. Anne Catholic Elementary School
  • Catholic
  • JK - 8
Highland Heights Public School
  • Public
  • JK - 8
Immaculate Conception Catholic Elementary School
  • Catholic
  • JK - 8
Armour Heights Public School
  • Public
  • JK - 8
King George Public School
  • Public
  • JK - 6
Adam Scott School
  • Public
  • 7 - 12
Queen Mary Public School
  • Public
  • JK - 8
St. Peter Catholic Secondary School
  • Catholic
  • 9 - 12
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
RAY RAYKHA
Phone:
(416) 289-3000
Office:
416-289-3000
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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.