292-294 TOWNSEND STREET, Peterborough (Town Ward 3)

$575,000

For sale: Multiplex

Multiplex at 292-294 TOWNSEND STREET, Peterborough (Town Ward 3)
Property type
Fourplex
Bedrooms / bathrooms
4 bedrooms, 4 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13717138
Neighbourhood
Town Ward 3

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

Homes in Town Ward 3 — recent sold market

Homes in Town Ward 3 took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 47, across 139 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $475,000.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$475,000
Sale-to-list ratio
96.6%
Sold above asking
10%

Based on 139 recorded sales in the last 1 year. 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 292-294 TOWNSEND STREET