$575,000
For sale: Multiplex

Incredible investment opportunity in the heart of Peterborough! This clean, well maintained 4-plex is a rare find - offering a total of 4 self contained units; bright 1 bedroom apartments. The property is fresh, clean, and fully tenanted which offers immediate cash flow. Ample parking for tenants. Steps to parks trails, the river, and vibrant village amenities. Easy access to downtown, Hwy 115 and Trent University. With its balanced unit mix, solid rental structure, and strong in-place income, this property represents a turnkey investment opportunity in a growing and well-established community, ideal for investors seeking dependable returns and long-term stability. A true turn-key property in a prime location - don't miss this one!
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.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.
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
Peterborough (Town Ward 3) has 29 Fraser Institute–rated schools (23 elementary and 6 secondary), averaging 5.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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