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!
Under Contract:
Hot Water Tank-Gas
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2 1/2 Storey
Approx. Age:
100+
Total Approx Floor Area:
2000-2500
Lot Size:
<.50
Lot Depth:
95'8"29.2 m
Lot Frontage:
29'8.84 m
Topography:
Flat
Direction Faces:
North
Bedrooms:
3
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
3
Kitchens Above Grade:
3
Rooms Above Grade:
10
Zoning:
R3
Heating type:
Baseboard
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Full, Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Front Yard Parking, Private
Parking Spaces:
3
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
TBD
Pool:
None
Link:
No
HST Applicable To Sale Price:
In Addition To
Assessment:
$261,000
Assessment Year:
2025
Taxes:
$4,930.95 /
2026
Assessment:
$261,000.00 /
2025
Peterborough
Peterborough
Town Ward 3
Hospital, Level, Park, Public Transit, Rec./Commun.Centre, School
Data was last updated September 5, 2026 at 03:15 AM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$489,450
Min list price:
$349,900
Max list price:
$1,495,000
Avg days on market:
55
Min days on market:
1
Max days on market:
129
These statistics are generated based on the current listing's property type
and located in
Town Ward 3. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.