Peterborough ON Multi-Family Real Estate, Homes for Sale

LEGAL DUPLEX | CENTRAL LOCATION | INVESTMENT OPPORTUNITY. Welcome to this centrally located legal duplex, perfectly positioned within the city and offering easy access to amenities, schools, shopping, dining and transit. Located on a transit route popular with students, this property presents an excellent opportunity for investors or those looking to offset their mortgage with rental income. The main level features a spacious kitchen, multiple living spaces, family room, dining room and plenty of storage. The second level offers two bedrooms and a full 4pc bath, along with a separate legal apartment complete with its own kitchen, living room, bedroom & full 4-piece bathroom. The finished loft provides additional flexible space and awaits your personal touch - use it as a studio, home office, hobby space or a quiet place to relax. The lower level is unfinished but offers an abundance of dry storage space along with laundry facilities. Outside, there is ample parking for several vehicles and a versatile deck system that provides options for the future. The existing deck could accommodate an above-ground pool, or it could be removed to create additional parking or green space. Updates include shingles (2016) and furnace (2022). Whether you're looking to expand your investment portfolio or take advantage of a property with multiple living spaces and future potential, this legal duplex is worth a look!

220 LONDON Street, Peterborough

$749,900

5 Beds ⋅ 2 Baths ⋅ X13752798 MLS

Welcome to this charming duplex in the heart of the Avenues! Featuring two beautifully updated 2-bedroom units, this property offers an incredible opportunity for homeowners and investors alike. With two new kitchens, new windows, tall ceilings, generous living spaces, and a detached garage, much of the work has already been done. Move into one unit and enjoy the added income from the other, or add a fantastic duplex to your investment portfolio. Ideally located within walking distance to everyday amenities, close to the hospital, parks, transit and some of the area's most sought-after schools. Character, location and income potential - all in one beautiful property.

577 Homewood Avenue, Peterborough

$479,900

5 Beds ⋅ 3 Baths ⋅ X13733336 MLS

Welcome to 223 Antrim Street, a versatile 2 unit property offering an excellent opportunity for investors, multi-generational families, or buyers seeking additional income potential. Featuring two self-contained units, this property provides flexible living arrangements and investment appeal. Unit 2 is currently vacant and offers a spacious 2+1 bedroom layout. The main floor features a bright kitchen, dining room with walkout to the deck and backyard, two bedrooms, and a 4-piece bathroom. The fully finished lower level adds valuable living space with a large rec room, third bedroom, second 4-piece bathroom, and utility room. Unit 1 is tenant occupied and features a comfortable two-storey layout. The main floor includes a welcoming living room and eat-in kitchen, while the upper level offers two bedrooms and a 3-piece bathroom. Whether you're searching for an investment property, multi-generational living arrangement, or a home with income-generating potential, 223 Antrim Street offers exceptional versatility to suit a variety of needs. Conveniently located close to schools, parks, shopping, and everyday amenities, this duplex presents an excellent opportunity for both homeowners and investors alike.

223 Antrim Street, Peterborough

$575,000

4 Beds ⋅ 4 Baths ⋅ X13717138 MLS

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!

292-294 Townsend Street, Peterborough

$599,900

4 Beds ⋅ 3 Baths ⋅ X13710058 MLS

Fully tenanted side-by-side duplex offering a great turnkey investment opportunity. One unit features 2 bedrooms and 1 bath, while the second offers 2 bedrooms + den and 1.5 baths. Separate meters, in-unit laundry and dishwashers in both units, 4 parking spaces and a shared backyard. Tenants pay their own utilities. Conveniently located on a bus route and steps from the Trans Canada Trail and Jackson Creek.

497 Donegal Street, Peterborough

$585,000

5 Beds ⋅ 2 Baths ⋅ X13705244 MLS

Don't miss out on this beautiful century brick duplex full of preserved character and charm, offering a cash-flow investment opportunity or the opportunity to own a home with rental income to help offset the costs of ownership. The home has been thoughtfully updated while maintaining its original character, including new flooring in the main house kitchen and bathroom, new appliances throughout, fresh paint, updated lighting, new hot water heater, and most windows updated. The accessory apartment will be vacant in December, providing flexibility for an owner-occupier, new tenant, or investor. Ideally located just steps from the Trent Express, trail system, public transit, and a variety of amenities. The property offers parking for six vehicles in the driveway and features 4 bedrooms and 1 bathroom in the main home, plus a beautiful accessory apartment at the rear of the property.With its central location, convenience, and abundance of original character, this is a fantastic opportunity for investors or owner-occupiers alike. The main house is fully tenanted, with quality tenants and leases in place through May 2027.

675 Stewart Street, Peterborough

$650,000

12 Beds ⋅ 4 Baths ⋅ X13615174 MLS

Exceptional turnkey investment opportunity in the heart of Peterborough's downtown core! This fully licensed legal rooming/boarding house at 220 Dublin Street is a well-maintained all-brick two-storey property offering excellent cash flow with a strong 6.9% cap rate. The main building features 11 fully rented bedrooms, 1 shared kitchen, 1 private kitchen and 2.5 shared bathrooms, while the self-contained basement accessory apartment offers a separate entrance, full kitchen, and bathroom, creating an additional income stream. Situated on a large private lot in a high-demand rental area, this property is fully tenanted and conveniently located close to public transit, shopping, restaurants, downtown amenities. Whether you're looking to expand your investment portfolio or acquire a proven income-producing property, 220 Dublin Street offers stable returns, strong occupancy, and outstanding long-term potential.

220 Dublin Street, Peterborough

$775,000

6 Beds ⋅ 4 Baths ⋅ X13609608 MLS

Exceptional investment opportunity! Spacious triplex offering large principal rooms, timeless charm, and excellent income potential. Features include hardwood flooring, an abundance of natural light, and walkouts for all three units two leading to private decks and one to a screened-in porch. Two units are currently vacant, providing the opportunity to set market rents or choose your own tenants. Potential exists to add an additional unit. A rare opportunity to own a character-filled multi-family property with significant upside.

183 Aylmer Street N, Peterborough

$850,000

4 Beds ⋅ 5 Baths ⋅ X13609636 MLS

Exceptional investment opportunity! Spacious fourplex offering large principal rooms, timeless charm, and character throughout. Featuring hardwood floors, an abundance of natural light from oversized windows, and two units with walkouts to private decks. One unit features a finished loft, while another offers an unfinished loft, providing excellent storage or future potential. A well-maintained multi-family property with strong rental appeal in a desirable central location.

187 Aylmer Street N, Peterborough

$549,999

5 Beds ⋅ 2 Baths ⋅ X13601330 MLS

Welcome to 1228 Kenneth Avenue, a versatile duplex offering space, flexibility and opportunity in a convenient central Peterborough location. Whether you're searching for an income property, a multigenerational home or a way to offset your mortgage, this 11/2 storey property delivers a practical layout with approximately 1,460 sq. ft. above grade.The main level features a spacious kitchen, separate living and dining room with hardwood flooring and charming leaded-glass details, two bedrooms and a four-piece bathroom. The upper unit offers its own kitchen, bright living room, bedroom and four-piece bathroom. A partially finished full basement expands the possibilities with a rec room, two additional bedrooms and laundry area.Outside, the two private driveways provide parking for three vehicles. Located close to schools, parks, public transit, the hospital and recreational facilities, making everyday errands and commuting easy.

1228 Kenneth Avenue, Peterborough

$679,999

8 Beds ⋅ 4 Baths ⋅ X13579728 MLS

Attention Investors! Exceptional opportunity to acquire a purpose-built fourplex in the heart of Peterborough with significant upside potential. The property features four self-contained units, consisting of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit, offering excellent flexibility for investors or owner-occupants.Currently, one unit is leased for $1,750 per month, with the remaining units vacant, providing the opportunity to lease at current market rents or occupy one unit while generating rental income from the others.Each unit features separate electric baseboard heating, with Unit 1 also benefiting from its own forced-air furnace. The property is separately metered for hydro, with sub-panels servicing Units 3 and 4, allowing tenants to pay their own utilities and helping to minimize operating expenses.Ideally located close to schools, shopping, public transit, parks, and all major amenities, this property offers strong income potential and an excellent opportunity to build long-term equity in a growing rental market. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this is a property you won't want to miss.Book your private showing today!

541 Aylmer Street N, Peterborough

$499,000

5 Beds ⋅ 2 Baths ⋅ X13531100 MLS

This Victorian-era duplex in the heart of downtown Peterborough, currently operating as an investment property with separate units generating a total of $3,200 per month. The 2-storey property offers the flexibility to continue as a rental income opportunity or unlock its full potential through a complete renovation. The main floor features hardwood flooring, newer windows for abundant natural light, a spacious living room large enough to accommodate a dining area, and an eat-in kitchen with laminate flooring, a breakfast area, side-door entrance, laundry area with newer machines, two fridges, two microwaves, and convenient access to a recently renovated 3-piece bathroom with tile flooring, vanity, and separate shower. The second floor offers broadloom throughout, generous bedrooms, a 4-piece bathroom with tile flooring, vanity, and frosted privacy window, plus a unique bedroom with vinyl flooring, sink, pantry, and potential second kitchen space with room to add appliances. The partially finished basement includes above-grade windows, a cold room, and recreation area, offering excellent development potential for additional living space, or future customization. Recent utility updates include central air conditioning, hot water tank, and furnace motor, with LED lighting for improved energy efficiency. Outside, enjoy a private laneway with parking for 4 vehicles and a large fully fenced backyard with planters and garden shed, offering space to create a peaceful outdoor escape. Perfectly situated near the Otonabee River, Little Lake, James Stevenson Park, Nicholls Oval Park, Liftlock Golf Club, Kawartha Golf Club, nearby schools including St. Peter Catholic Secondary School, Queen Mary Public School & more. Plus historical landmarks, museums, art galleries, shopping, restaurants, community centres, Galaxy Cinemas, public transit, Peterborough Regional Hospital, and convenient access to the Trans-Canada Highway for travel throughout Northern Ontario and into Quebec.

265 Stewart Street, Peterborough

$799,900

6 Beds ⋅ 3 Baths ⋅ X13520822 MLS

Multi-Family Opportunity* This beautifully preserved 1870s Victorian Investment sits proudly on a massive corner lot in a prime city location. The home is incredibly well maintained and has undergone significant capital improvements, including a new roof, updated wiring, 3 newly renovated kitchens, 3 newly renovated 4-piece bathrooms, luxury carpeting, and fresh paint. Victorian character shines through with the expansive covered wrap-around veranda and beautiful spiral staircase, while the huge fenced yard provides exceptional outdoor space, privacy, and parking for six or more vehicles. This property offers outstanding versatility for multi-generational living, investors, first-time home buyers looking to offset costs, or anyone wishing to own a grand family home with income-generating potential. It is currently configured as three spacious two-bedroom apartments, each with its own private entrance, separate meters. Presently two units are vacant; move in and set your own rent. Located within walking distance to the Otonabee River and downtown, on a convenient bus route, and just minutes to Trent University, this home sits in one of Peterborough's most desirable and accessible areas. The large city lot offers ample space for the addition of an accessory dwelling unit, creating further future development opportunities. A rare chance to be the proud owner of a unique Victorian home with remarkable charm, modern upgrades, and significant long-term potential in the heart of Peterborough.

234 Antrim Street, Peterborough

$525,000

3 Beds ⋅ 2 Baths ⋅ X13518348 MLS

An exceptional location in "The Avenues " of Peterborough. Stately 2 1/2 storey duplex on tree lined street offering 2 spacious units and off street parking . Upper 2 bd unit enjoys a finished attic, hardwood flooring and a small balcony off the living room. The lower 1 bedroom unit with separate entrance, enjoys hardwood flooring and a cozy porch located off the living room. This unit is currently vacant, an ideal opportunity for owner occupancy or rent out and set your own market rent. Lots of character and old world charm with great potential.

295 Margaret Avenue, Peterborough

$475,000

4 Beds ⋅ 4 Baths ⋅ X13514564 MLS

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.

287 Stewart Street, Peterborough

$750,000

1 Beds ⋅ 1 Baths ⋅ X13502252 MLS

Rare investment opportunity! This solid six-unit income property is centrally located and offers an excellent addition to any investment portfolio. The building features five residential units and one commercial unit, providing a diverse income stream. Ample on-site parking adds convenience for both residential and commercial tenants. Numerous updates have been completed over the years, reflecting pride of ownership and ongoing maintenance. An added bonus is the property's location adjacent to a scenic bike and walking trail, offering easy access to outdoor recreation.

41-45 Park Street S, Peterborough

$899,900

7 Beds ⋅ 3 Baths ⋅ X13484686 MLS

Investment Opportunity - Legal Purpose Built Triplex. Exceptional opportunity to own a legal purpose-built triplex featuring 2 spacious 3-bedroom units and one 1-bedroom plus den unit. This well-maintained property has undergone extensive renovations inside and outside new roof addition (2026), and offers market rents, making it an attractive investment to any investment portfolio. Tenants pay their own utilities, helping to minimize operating expenses. Coin operated laundry room with a separate washer and dryer for each unit provides added convenience for residents. Situated in a desirable location, close to amenities, schools, bus routes, and highway 115 access, this property benefits from ample parking, central air conditioning, and a strong tenant profile with excellent tenants already in place. A turnkey investment offering solid income potential, quality upgrades, and low-maintenance ownership in a sought-after area. Don't miss this outstanding opportunity.

793 Crawford Drive, Peterborough

$619,000

5 Beds ⋅ 2 Baths ⋅ X13470572 MLS

Welcome to 636 Frank St. An outstanding opportunity for investors and homebuyers alike, this fully renovated legal duplex offers exceptional flexibility and income potential. Live in one unit and let the rental income help pay the mortgage or add a true turnkey investment property to your portfolio. The upper unit is occupied by fantastic tenants, while the vacant lower unit gives you the freedom to set your own rent or move in yourself. Both units have been professionally updated with stylish kitchens featuring granite countertops, modern bathrooms, spacious layouts, separate in suite laundry, and quality finishes throughout. Large windows fill the lower level with natural light, creating a bright and inviting living space that feels anything but below grade. With separate entrances, two furnaces, two hot water tanks, two hydro meters, parking for four vehicles, additional outdoor storage with two sheds, and a location close to schools, shopping, parks, and everyday amenities, with the added piece of mind with a back flow valve installed, this is a rare opportunity to own a completely updated property with nothing left to do but collect rent or move in and enjoy. Book your private showing today!

636 Frank Street, Peterborough

$1,673,900

10 Beds ⋅ 7 Baths ⋅ X13430648 MLS

Well-maintained 7-unit apartment building landmark investment opportunity available in central Peterborough location. Two buildings which include 7 individual apartments, each with their own entrances, hydro meters, fridges, and stoves. 2-car detached garage and large paved circular drive. 4,125 Sq. Ft building and 3,552 Sq. Ft. building included in this offer. 813 Water St has an updated roof. Current apartment setup for these buildings is 4 x 1-bedroom units, 2 x 2-bedroom units, and 1 x 4-bedroom unit. Excellent investment opportunity that is situated on a large level .65-acre lot with development potential/ space for additional units to be built.(Rent Amounts - Apt 1 - $1,625, Apt 2 - $1,250, Apt 3 - $1,625, Apt 4 - $1,300 + 4 Bedroom - $2,700, 813A - $1,300, 820 - $1,150). Great investment opportunity with strong gross income potential of $132,600.

813 Water St. & 11 Argyle Street, Peterborough

$874,900

5 Beds ⋅ 4 Baths ⋅ X13428484 MLS

Charming all-brick 3,552 Sq. Ft. neighborhood landmark century home located in a desirable central area of Peterborough and sitting on a .46-acre lot. This well-maintained home is a triplex offering 3 separate units, a spacious 4-bedroom unit, and two separate 1-bedroom units. All units have private entrances, individual hydro meters and pay their own utilities. 3 fridges and 3 stoves are included. Additional highlights are private on-site parking, a 2-car garage, and updated roof. The triplex is situated on a large lot with great potential for future development or additional units. (Rent amounts - 4 Bedroom - $2,950, 813A - $1,300, 820 - $1,150). Great investment opportunity with strong income $64,800 & development potential.

813 Water Street, Peterborough

$799,000

6 Beds ⋅ 4 Baths ⋅ X13427992 MLS

Well-maintained 4-unit all-brick apartment building in a central Peterborough location. Featuring two 2-bedroom units and two 1-bedroom units, this 2,639 Sq. Ft. property offers private on-site parking and separate hydro meters for each unit. Four fridges and four stoves included. Main floor common laundry room. Updated roof adds to the value and peace of mind. (Rent Amounts - Apt 1 - $1,625, Apt 2 - $1,225, Apt 3 - $1,625, Apt 4 - $1,545). A solid investment opportunity in a desirable area with a potential gross income of $73,440.

11 Argyle Street, Peterborough

$799,900

5 Beds ⋅ 3 Baths ⋅ X13130030 MLS

Charming Bright Downtown, Old West End Triplex. Extensively renovated throughout. Walking distance to downtown, trails, parks and churches. Fully rented. Main level, 2 bedroom, totally renovated, new flooring, doors, trim, light fixtures, paint, kitchen, bathroom, appliances. 2nd level unit- extensively renovated, new flooring, paint. Access to back deck. 3rd floor- one bedroom, kitchen, living room, and den- new flooring and freshly painted. New sprinkler system & fire alarm system. New carpeting in all hallways & stairwells. All exterior doors-fire rated steel framed. Interior unit entrance doors- fire rated. New fire shutters on 2nd and 3rd floor kitchen windows. All windows updated. Fire escape off of the back of the building. New trex front porch new railing. Mutual drive to 3 parking spots. Basement-laundry room, furnace room (lots of storage). Landlord pays heat, water, sewer cost.

375 Downie Street, Peterborough

$550,000

4 Baths ⋅ X12723580 MLS

Excellent opportunity to own a spacious duplex-style property in a desirable central Peterborough location. Offering over 2,700 sq ft, this well-maintained home is currently configured as a professional/medical office but provides strong potential for conversion to mixed use. The flexible layout allows for creative reconfiguration to suit a variety of residential and commercial needs, making it ideal for investors, renovators, or owner-occupiers seeking income potential. A rare feature for the area, the property includes parking for up to8 vehicles. Conveniently located close to downtown amenities, transit, shops, and services, this property offers excellent long-term value in a sought-after neighbourhood.

339-341 Reid Street, Peterborough

$389,000

2 Beds ⋅ 2 Baths ⋅ X12508206 MLS

Duplex on a large corner lot with potential for more units. Solid tidy home with upgraded wiring, new flooring and separate meters. Unit 1 one bedroom, one bath, with an eat in kitchen, and living room. Unit 2 featuring a south facing living room with large windows and ample living space, separate entrance and parking, with an expansive yard. Featuring new cabinets and flooring, main floor bedroom with upper living and dining room.

822 St. Mary's Street, Peterborough

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Peterborough Multi-Family Real Estate