$959,900
5.62 BTC
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559 Downie Street, Peterborough
$959,900
PRICE
5 + 2
BEDROOMS
4
BATHROOMS
X12434862
MLSID

559 Downie Street, Peterborough

Step into history reimagined at 559 Downie. Grand Victorian craftsmanship with a modern twist, all in one extraordinary triplex. Built in 1890, this picturesque Queen Anne style residence in Peterborough is a rare LEGAL triplex. Once home to prominent families, this grand Victorian showcases 10"2 ceilings, intricate craftsmanship, restored hardwood floors, and an original marble fireplace now converted to gas. The main two-storey residence features 3 beds + office, 2 bathrooms and a fenced in yard. Showcasing a luxury kitchen with high-end finishes, maximized storage, and a commercial-sized fridge and freezer, as well as a mudroom and laundry with built-in cabinetry. Ascend the Victorian style staircase and you'll find a restored clawfoot tub, and a primary suite with a dressing room. Multiple upgrades and restorations have been thoughtfully completed, including brand-new windows and doors throughout, ensuring peace of mind, comfort, and efficiency. In addition to the main residence, the property includes a completely private lower 2-bedroom, 1-bath apartment and an upper 2-bedroom, 1-bath apartment, each with access to shared on-site laundry. With four private parking spots and complete separation between units, this property offers the rare opportunity to generate additional income without sacrificing living space, or the option to maximize its potential as a full investment property. A wrap around porch, a steeply pitched roof, and striking Victorian details create a commanding presence. Combining history, comfort, and future-proof flexibility, this is a truly unique opportunity in the heart of Peterborough that no one will want to miss. **Income Projection Charts, list of upgrades available**
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Sold History

SOLD
6 May 2013
$429,000

Summary

Address
559 Downie Street
Community
MLSID
X12434862
Property Type
Triplex
Property Category
Bedrooms
5 + 2
Bathrooms
4
Kitchens
2 + 1
Taxes (Annual)
$5,590.48
Tax Year
2025
Published
September 30, 2025
Days on Market
4 Days
Possession Type
Immediate
Possession Details
Immediate
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Inclusions

Security system, smart locks, commercial fridge in main 2 storey unit, built-in microwave, washer/dryer in main 2 storey unit, washer/dryer in tenant common area, curtain rods, fridge in basement apartment, stove in basement apartment, fridge in upper level apartment, stove in upper level apartment, curtain rods

Exclusions

Hot tub, front hall mirror, white bookshelf (office), brown bookshelf (large kids room), white bookshelf (baby room). Window Coverings

Details

Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Security Features
Other
Basement
Full, Finished
Exterior Features
Deck, Porch
Interior Features
Sump Pump
Parking Spaces
4
Parking Total
4
Parking Features
Private
Architectural Style
2 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Size
0 Acres
Lot Width
50 Feet
Lot Depth
99 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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