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.
Address
265 Stewart Street
List Price
$499,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Peterborough
Sub-Area
Town Ward 3
Bedrooms
5
Bedrooms (Total)
5
Rooms Above Grade
10
Rooms (Total)
10
Bathrooms
2
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
115.74
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
40
Parcel Number
280900101
Occupant Type
Tenant
Cross Street
King St & Park St. N.
MLS® Number
X13531100
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Basement Area
Development Potential, Partial Basement, Partially Finished
Postal Code
K9J 3M8
Posession Details
Flex Closing
Parking
Private, Lane, Available
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$4,069.02
Tax Year
2025
Site Influences
Arts Centre, Golf, Hospital, Landscaped, Lighting, Park, Patio, Privacy, Public Transit, School, Year Round Living
Accessibility Features
Accessible Public Transit Nearby, Parking
Exterior Features
Landscaped, Lighting, Privacy, Patio, Year Round Living
Interior Features
In-Law Capability, In-Law Suite, Separate Hydro Meter, Storage, Water Heater
Property Features
Golf, Hospital, Park, Public Transit, School, Arts Centre
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Available
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Source
Gas
Heat Type
Forced Air
Cooling
Yes
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Other Structures
Fence - Full, Garden Shed
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 12 S OF KING ST & W OF GEORGE ST(PETERBOROUGH), PTS 1, 2 & 3 45R7162 ; PETERBOROUGH
Security Features
Carbon Monoxide Detectors, Smoke Detector
View Type
City, Clear, Trees/Woods, Downtown, River, Water
Waterfront
No
Waterfront
None
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.01 x 4.19 | Hardwood Floor, Large Window, Stucco Ceiling |
| Main | Kitchen | 4.06 x 3.78 | Eat-in Kitchen, Laminate, Side Door |
| Main | Bedroom | 4.19 x 3.78 | Hardwood Floor, Large Closet, Large Window |
| Main | Bedroom 2 | 2.59 x 4.19 | French Doors, Hardwood Floor, Large Window |
| Main | Laundry | 1.52 x 1.75 | Combined w/Kitchen, Laminate, Window |
| Main | Bathroom | 1.6 x 1.93 | 3 Pc Bath, B/I Vanity, Tile Floor |
| Second | Bedroom 3 | 5.74 x 2.72 | Broadloom, Large Closet, Overlooks Frontyard |
| Second | Bedroom 4 | 2.82 x 3.56 | Broadloom, Closet, Window |
| Second | Bedroom 5 | 2.62 x 2.06 | Combined w/Kitchen, Vinyl Floor, Window |
| Second | Kitchen | 2.62 x 2.06 | Combined w/Br, Vinyl Floor, Window |
| Second | Bathroom | 3.25 x 1.47 | 4 Pc Bath, B/I Vanity, Tile Floor |
| Basement | Recreation | 4.83 x 3.05 | Above Grade Window, Partly Finished, Tile Floor |