Apartment buildings for sale in Peterborough–Kawartha
287 Stewart Street, Peterborough
2 to 5 units
Listed by RE/MAX HALLMARK EASTERN REALTY
Updated July 21, 2026
$475,000
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Details from the listing
| Property taxes | $5,378 (2025) |
| Lot size | 54.12 × 108.24 ft |
| Occupancy | Tenant |
| Heat | Forced Air, Gas |
From the listing
Incredible investment opportunity in the heart of Peterborough! Offered at $499,000, this centrally located four-plex presents immediate upside potential for investors or owner-occupiers alike. Featuring three occupied units generating current rental income plus one vacant 2-bedroom unit ready for a new tenant at market rent, this property offers the perfect opportunity to increase cash flow from day one. Unit breakdown includes: Vacant 2-bedroom unit with estimated market rent potential of approximately $1,750/month Three additional tenanted 1-bedroom units currently generating approximately $2,228/month combined. Projected market rents offer excellent future income potential for savvy investors looking to add value over time. Each unit is individually metered for hydro and water, helping reduce operating expenses and simplify management. The property also features ample parking with four rear parking spaces plus additional front driveway parking. Conveniently located close to downtown, transit, schools, and everyday amenities, this versatile multi-unit property is a rare opportunity to secure a strong income-producing asset with long-term growth potential.
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Listings refreshed October 1, 2026 at 12:25 a.m. ET