Updated in 2024, this purpose-built multi-bedroom investment property delivers exceptional cashflow with truly hands-off ownership. Featuring 10 bedrooms, 3 bathrooms, and three cooking stations (one full kitchen plus two kitchenettes), the layout is purpose-designed for flexible room-by-room leasing-maximizing rental efficiency and income potential. Positioned directly across from the Trent-Severn Waterway at Lock 19, the property enjoys tranquil water views in a safe, family-friendly neighbourhood within one of Peterborough's strongest rental corridors.Proximity to transit, Lansdowne Street amenities, Fleming College, Trent University, and Seneca Aviation ensures consistent demand from students and working professionals alike. The property offers (3) three surface parking spaces with abundant visitor parking conveniently located across the street. Professionally managed, currently generating $5,900/month with 8 of 10 bedrooms rented (with the potential for an additional $1,000+/month), this is a rare turnkey opportunity for investors seeking predictable cash flow, long-term appreciation, and scalable growth. 2025 Operating Costs: Property Taxes: $4,318, Insurance: $4,310, Utilities: $5,868. Vacant possession can be arranged if desired.
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ROYAL LEPAGE SIGNATURE REALTY
Source: TRREB,MLS®#: X12989532Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 3
Bedroom
Level: Second
Dimensions: 3.2 x 2.74
Bedroom
Level: Basement
Dimensions: 3.38 x 3
Bedroom
Level: Main
Dimensions: 3.18 x 2.77
Bedroom
Level: Basement
Dimensions: 2.79 x 2.26
Bedroom
Level: Second
Dimensions: 3.1 x 3.05
Bedroom
Level: Main
Dimensions: 3.56 x 2.87
Bedroom
Level: Main
Dimensions: 4.17 x 3
Bedroom
Level: Basement
Dimensions: 3.38 x 3
Bedroom
Level: Second
Dimensions: 4.9 x 3.23
Bedroom
Level: Main
Dimensions: 3.84 x 2.54
Dining room
Level: Main
Dimensions: 3.53 x 2.77
Foyer
Level: Main
Dimensions: 1.28 x 1.27
Kitchen
Level: Basement
Dimensions: 3.35 x 3.3
Kitchen
Level: Main
Dimensions: 4.29 x 2.29
Laundry
Level: Basement
Dimensions: 2.06 x 1.63
Living room
Level: Main
Dimensions: 3.53 x 2.54
Utility room
Level: Basement
Dimensions: 3.15 x 2
Heating
Forced Air, Gas
Cooling
Central Air
Features
Basement: Finished with Walk-Out
Has fireplace: Yes
Interior area
Living area range: 1500-2000 null
Property
Parking
Total spaces: 3
Parking features: Available
Features
Stories: 2
Patio & porch: Deck, Porch
Pool features: None
Has view: Yes
View description: Bridge(s), Park/Greenbelt, River, Trees/Woods, Water
Has water view: Yes
Water view: River,Water
Lot
Size: 5,403 Square Feet
Features: Park, Public Transit, River/Stream, School Bus Route, Irregular Lot
Topography: Sloping
Details
Additional structures: Garden Shed
Other equipment: Sump Pump
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Aluminum Siding, Vinyl Siding
Foundation: Concrete
Roof: Shingle
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Peterborough
Financial & listing details
Annual tax amount: C$5,220
Date on market: 4/13/2026
ROYAL LEPAGE SIGNATURE REALTY
ROYAL LEPAGE SIGNATURE REALTY
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