About Property

This beautifully maintained triplex sits on a massive corner lot in a prime city location, offering a unique opportunity for investors, multi-family buyers, or owner-occupiers. With recent renovations throughout and the potential to build an additional dwelling, as this is an ideal ADU residential lot size (buyer to verify with city), this property combines immediate income with long-term upside. Each of the three spacious 2-bedroom units one with a den has been thoroughly upgraded. Kitchens and bathrooms feature new vanities, showers, faucets, tile, backsplashes, and updated appliances including stoves, fridges, and microwaves. Apartment 3 has just undergone a full renovation with a new bath, new private deck, screen door, brand-new fridge, newer stove and laundry, and all-new luxury carpeting. Apartments 1 and 2 were renovated within the past few years and offer hardwood floors, updated bathrooms, and modern finishes. Each unit has been freshly painted, with new blinds, curtains, ceiling fans, and light fixtures. The building has been extensively upgraded with a new roof, wiring, plumbing, sewer line, and well-maintained high-efficiency gas furnace. Each unit has separate entrances, meters, decks, and its own hot water tank. A large covered wrap-around veranda and beautiful spiral staircase add to the property's character. The fenced yard provides privacy and features parking for six vehicles, a large storage building, and bonus furnishings included. This property has incredible rental potential (average monthly rent for a 2-bedroom unit is over $2,000 in Peterborough); set your own rents. Located close to shopping, dining, public transit, and all amenities, this is a rare opportunity to own a turn-key, income-generating property with future development potential.

Features