$799,900
8.59 BTC
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185 Parkhill Road, Peterborough
$799,900
PRICE
8
BEDROOMS
4
BATHROOMS
X13825698
MLSID

185 Parkhill Road, Peterborough

Take advantage of a fantastic 7.26% CAP Rate at 2,4,6,& 8 -185 Parkhill!+$3,000/MONTH CASH FLOW! Rare opportunity to own an exceptionally maintained, turnkey 4-plex CASH COW in Peterborough on nearly half an acre - professionally managed & offered for sale for the first time in 28 years. Income of +$85,000/year. EXTENSIVELY RENOVATED INSIDE & OUT over the past 15 years, including METAL ROOFS, WINDOWS, ELECTRICAL wiring & panels, PLUMBING, DRYWALL, VINYL SIDING, furnaces, central air conditioners, full interior renovations, attractive composite decks, fences & much more. Units #2 & #4 are single-storey 2-bed, 1-bath units w/partial basements. Units #6 & #8 are spacious 1.5-storey 2-bed, 1-bath units featuring large primary bedrooms on the 2nd floor, partial basements w/laundry rooms. 2 Houses with 4 semi-detached all above ground units. Each unit enjoys its OWN PRIVATE, FULLY FENCED BACKYARD & 2 PARKING SPACES. Separate meters and tenants pay all utilities. A well-maintained, substantially updated 4-plex offering the combination investors look for: STRONG CASH FLOW, FOUR 2-BEDROOM ALL ABOVE GROUND UNITS, PRIVATE YARDS, AMPLE PARKING, EXTENSIVE CAPITAL IMPROVEMENTS and LONG-TERM RENTAL. Buyer to assume all existing tenancies. Excellent central location within walking distance of amenities & public transit, w/convenient access to Trent University & Peterborough's Colleges, walking/bike lane provide convenient south access to Antrim Street. Everything is done & done well! Just buy and enjoy solid cash flow from day 1!
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Summary

Address
185 Parkhill Road
Community
MLSID
X13825698
Property Type
Fourplex
Property Category
Bedrooms
8
Bathrooms
4
Kitchens
4
Taxes (Annual)
$5,365.48
Tax Year
2026
Published
September 24, 2026
Days on Market
52 Days
Possession Type
Immediate
Possession Details
30-90 Days
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Inclusions

All appliances, All ELFs

Exclusions

Tenant's belongings

Details

Bathroom 1
4-Piece Main Level
Basement
Unfinished
Interior Features
Carpet Free
Parking Spaces
8
Parking Total
8
Parking Features
Private Triple
Architectural Style
1 1/2 Storey
Roof
Metal
Construction Materials
Vinyl Siding
Lot Width
63 Feet
Lot Depth
160 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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