Exceptional Investment Opportunity in the Heart of Peterborough! Welcome to 194 London Street, a solid all-brick triplex in a prime downtown location, just steps from public transit, walking trails, parks, and all major amenities. This property is ideal for investors looking to add a reliable, income-generating asset to their portfolio. Excellent central location, perfect for students and working professionals. Private on-site parking. Coin-operated laundry in basement for added convenience. Generous backyard space for tenants to enjoy. Two Vacant units and you can set your own rents and hand-pick your tenants Unit Break down: Unit #1: Vacant - potential rent $1,450 + hydro Unit #2: $1,780/month, all-inclusive (tenanted)Unit #3: Vacant - potential rent $1,300 + hydro A rare turnkey opportunity with strong upside potential and flexibility to set your own rents from day one. A fantastic addition to any portfolio at a price point that can't be beat!
Address
194 London Street
List Price
$445,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Peterborough
Sub-Area
Town Ward 3
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
10
Bathrooms
3
Floor Area
2000-2500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
95.67
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
29
Parcel Number
281070199
Occupant Type
Tenant
Cross Street
George St/Aylmer St
Approx. Age
100+ Years
MLS® Number
X13747348
Listing Brokerage
RE/MAX HALLMARK EASTERN REALTY
Basement Area
Full, Unfinished
Postal Code
K9H 2Y9
Posession Details
TBD
Parking
Front Yard Parking, Private
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$4,930.95
Tax Year
2026
Site Influences
Hospital, Level, Park, Public Transit, Rec./Commun.Centre, School, Year Round Living
Exterior Features
Year Round Living
Interior Features
Accessory Apartment, Other
Property Features
Hospital, Level, Park, Public Transit, Rec./Commun.Centre, School
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Gas
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Brick
Direction Faces
North
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 4 N OF LONDON ST & W OF GEORGE ST PL 1 TOWN OF PETERBOROUGH AS IN R471609, S/T & T/W R471609; PETERBORUGH CITY
Security Features
Carbon Monoxide Detectors, Smoke Detector
Topography
Flat
View Type
City
Waterfront
No
Sewer
Sewer