$999,500
FOR SALE

Duplex

Bedrooms: 12Bathrooms: 4Lot: 40.25 x 87.5 ft

271 Thomas Street
Peterborough (Town Ward 3), ON K9J 5E7

WOW. Fully renovated, turnkey licensed Large Rental Dwelling with 12 sparkling rental rooms. Projected NOI approx. $85,000. Excellent opportunity to own a fully renovated and upgraded, licensed Large Rental Dwelling with strong income and quality tenants. Well-managed and modernized top to bottom including 100% new flooring, updated kitchens, renovated bathrooms, and numerous additional upgrades throughout. Each side offers 6 bedrooms, 2 full baths, a full kitchen, and an unfinished basement with laundry. Rent includes utilities, laundry, and internet. Some rooms come fully furnished. See Documents for list of inclusions and recent upgrades since August 2022. One side also includes an unfinished room with potential to create a 13th bedroom for increased revenue. Forced-air gas and central a/c both sides. Excellent cash flow. Don't miss this opportunity! (id:47421)
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Listed By RE/MAX HALLMARK EASTERN REALTY
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number X12644024
Last Updated Apr 23, 2026
Property Summary
Property Type Duplex

More like this:
Community Town Ward 3
Price History

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Detailed Information
Bedrooms 12
Bathrooms 4
Lot 40.25 x 87.5 ft
Amenities Nearby Hospital
Listing Contract Date 2025-12-19
Location Description Cross Streets: Paterson & Bolivar. ** Directions: From Bolivar, south on Thomas Street.
# of Parking Spaces 4
Property Type Multi-family
Structures Deck, Porch
Transaction Type For sale
Zoning Description R2
Building
Age 100+ years
Amenities Separate Heating Controls
Appliances Water meter, Dryer, Furniture, Water Heater, Microwave, Oven, Stove, Two Washers, Refrigerator
Basement Development Unfinished
Basement Type N/A (Unfinished)
Cooling Type Central air conditioning
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Duplex
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Bedroom 5Second level3.89 m x 2.91 m
BedroomSecond level3.37 m x 2.92 m
BedroomSecond level4.55 m x 3.64 m
BedroomSecond level3.9 m x 1.96 m
BedroomSecond level2.55 m x 1.69 m
BedroomSecond level3.9 m x 1.96 m
BedroomSecond level2.8 m x 1.91 m
BedroomSecond level3.27 m x 2.9 m
BedroomSecond level4.55 m x 3.6 m
BathroomSecond level2.56 m x 1.59 m
OtherSecond level2.9 m x 1.8 m
Living roomMain level4.22 m x 4.06 m
Mud roomMain level3.63 m x 3.56 m
KitchenMain level4.53 m x 3.45 m
KitchenMain level5.02 m x 4.22 m
DenMain level3.24 m x 1.89 m
BathroomMain level2.15 m x 1.4 m
BathroomMain level1.64 m x 1.47 m
BedroomMain level4.05 m x 3.23 m
Bedroom 2Main level3.64 m x 2.13 m
Bedroom 3Main level3.23 m x 2.05 m
Bedroom 4Main level3.57 m x 2.9 m
Parking Spaces
Name Spaces
No Garage
Utilities
Type Description
CableInstalled
ElectricityInstalled
SewerInstalled
Land
Total Size 40.3 x 87.5 FT | under 1/2 acre
Amenities Hospital
Sewer Sanitary sewer
Size of Irregular Land 40.3 x 87.5 FT

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