Apartment buildings for sale in Peterborough–Kawartha

33 MELBOURNE Street W, Kawartha Lakes

2 to 5 units
Listed by RIGHT AT HOME REALTY
Updated October 16, 2026
$599,900
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Details from the listing

Property taxes$4,479 (2025)
Lot size80 × 188.76 ft
OccupancyTenant
HeatForced Air, Gas

From the listing

Centrally located legal non-conforming brick 4-plex with potential gross rental income of $5,032/month, situated on a massive 80 x 188 ft potential double lot with excellent future potential. This charming 1.5-storey property offers approximately 3,300 sq ft of living space, plenty of original character, a double detached garage, parking for up to six vehicles, and additional basement storage.The unit mix includes a main-floor 1-bed, 1-bath apartment ($1,075/month); a spacious 4-bed, 1.5-bath apartment spanning the main and second floors ($2,095/month + 30% utilities); a lower-level 1-bed with kitchen ($862/month); and a lower-level bachelor with kitchen ($700/month). The two lower-level units share a bathroom. The vacant double detached garage offers estimated rental income of $300/month. All tenants have access to free shared laundry in the basement, along with additional storage space.Updates include roof (2019), windows (2020), two furnaces (one updated 2019), and a 200-amp breaker panel. Set along mature tree-lined Melbourne Street, just steps from downtown Lindsay and Kent Street shopping, dining, and everyday amenities. An excellent income-producing property with a strong existing rent roll, substantial lot size, and future potential.

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Listings refreshed October 19, 2026 at 12:51 p.m. ET