$499,000
5.36 BTC
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Map
287 Stewart Street, Peterborough
$499,000
PRICE
4
BEDROOMS
4
BATHROOMS
X13070424
MLSID

287 Stewart Street, Peterborough

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.
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Summary

Address
287 Stewart Street
Community
MLSID
X13070424
Property Type
Fourplex
Property Category
Bedrooms
4
Bathrooms
4
Kitchens
4
Taxes (Annual)
$5,378.00
Tax Year
2025
Published
May 1, 2026
Days on Market
23 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

4 fridges, 4 stoves

Exclusions

Tenant's belongings

Details

Basement
Crawl Space
Interior Features
Water Heater Owned
Parking Spaces
6
Parking Total
6
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
54 Feet
Lot Depth
108 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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