Loading...Listing Image
Loading...Listing Image
1 / 0
Listed 1 month ago

194 London Street

Town Ward 3, Peterborough

$445,900

Detached|2 1/2 Storey
3 | 3 | 3
About this home

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!

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Ask our AI assistant

Schools, payments, offer timing, history — ask in plain words. This home is already in the conversation.

Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size2000-2500 sq. ft.
Property Tax$4,931
Lot Size29 ft x 95.67 ft
mls© NumberX13747348
Listed ByRE/MAX HALLMARK EASTERN REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,282
Property tax
$411
Heat allowance
$150
Housing costs
$2,843 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,180
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,876 / mo
Cash down
$89,180

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

Nearby listings

Comparable sales

  • No similar listings found.