265 STEWART STREET, Peterborough (Town Ward 3)

$499,000

For sale: Multiplex

Multiplex at 265 STEWART STREET, Peterborough (Town Ward 3)
Property type
Duplex
Bedrooms / bathrooms
5 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13531100
Neighbourhood
Town Ward 3

This Victorian-era duplex in the heart of downtown Peterborough, currently operating as an investment property with separate units generating a total of $3,200 per month. The 2-storey property offers the flexibility to continue as a rental income opportunity or unlock its full potential through a complete renovation. The main floor features hardwood flooring, newer windows for abundant natural light, a spacious living room large enough to accommodate a dining area, and an eat-in kitchen with laminate flooring, a breakfast area, side-door entrance, laundry area with newer machines, two fridges, two microwaves, and convenient access to a recently renovated 3-piece bathroom with tile flooring, vanity, and separate shower. The second floor offers broadloom throughout, generous bedrooms, a 4-piece bathroom with tile flooring, vanity, and frosted privacy window, plus a unique bedroom with vinyl flooring, sink, pantry, and potential second kitchen space with room to add appliances. The partially finished basement includes above-grade windows, a cold room, and recreation area, offering excellent development potential for additional living space, or future customization. Recent utility updates include central air conditioning, hot water tank, and furnace motor, with LED lighting for improved energy efficiency. Outside, enjoy a private laneway with parking for 4 vehicles and a large fully fenced backyard with planters and garden shed, offering space to create a peaceful outdoor escape. Perfectly situated near the Otonabee River, Little Lake, James Stevenson Park, Nicholls Oval Park, Liftlock Golf Club, Kawartha Golf Club, nearby schools including St. Peter Catholic Secondary School, Queen Mary Public School & more. Plus historical landmarks, museums, art galleries, shopping, restaurants, community centres, Galaxy Cinemas, public transit, Peterborough Regional Hospital, and convenient access to the Trans-Canada Highway for travel throughout Northern Ontario and into Quebec.

Sold data

Multiplex homes in Peterborough (Town Ward 3) — recent sold market

Multiplex homes in Peterborough (Town Ward 3) took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 31 days and the slowest quarter taking more than 79, across 31 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.

The median sale price was $525,000.

Homes sold for about 4.7% below asking on average, so there was room to negotiate.

About 3% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
42
Median sale price
$525,000
Sale-to-list ratio
95.3%
Sold above asking
3%

Based on 31 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Peterborough (Town Ward 3)

Peterborough (Town Ward 3) has 29 Fraser Institute–rated schools (23 elementary and 6 secondary), averaging 5.2/10.

Rated schools
29
Elementary
23
Secondary
6
Average rating
5.2 / 10

Top-rated schools in Peterborough (Town Ward 3)

  • James Strath — elementary, PeterboroughFraser rating 7.5/10
  • St. Peter's — secondary, PeterboroughFraser rating 6.7/10
  • Edmison Heights — elementary, PeterboroughFraser rating 6.5/10
  • St Paul's — elementary, PeterboroughFraser rating 6.2/10
  • Holy Cross — secondary, PeterboroughFraser rating 6.1/10
  • St Anne — elementary, PeterboroughFraser rating 6.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 265 STEWART STREET