Four Self-Contained Units | Water Views | Exceptional Investment 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.Plans also exist for a 10' x 12' addition on the south/east side of Unit 4.
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
1 1/2 Storey
Approx. Age:
100+
Total Approx Floor Area:
2500-3000
Lot Depth:
198'60.4 m
Lot Frontage:
66'20.1 m
Lot Shape:
Rectangular
Topography:
Sloping
Direction Faces:
East
Bedrooms:
8
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
8
Kitchens Above Grade:
4
Rooms Above Grade:
21
Zoning:
R3
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Stone, Slab
Roof:
Metal, Asphalt Shingle
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Garden Shed
Parking Features:
Private
Parking Spaces:
7
Total Parking Spaces:
7.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment:
$355,000
Assessment Year:
2026
Taxes:
$6,280 /
2025
Assessment:
$355,000.00 /
2026
Peterborough
Peterborough
Northcrest Ward 5
Park, Public Transit, River/Stream, School
Carpet Free
Backs On Green Belt, Landscaped, Privacy, Patio
4 separate hot water tanks. Tenants pay for their own rentals
Unit 1 - stove and fridge, Unit 2 - stove and fridge, Unit 3 - upper and lower fridges, Unit 4 - fridge, stove, dishwasher, washer/dryer
Unit 3 washer, dryer, stove and lower level freezer, tote outside door and driveway bin
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