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$799,900
For SaleListed 10 days ago

185 West Parkhill Road, Peterborough, ON K9H 3H2

Town Ward 3
8
4
3,000–3,500 ft²
  • Fourplex
  • 63.21 × 160 ft lot
  • 8 parking
Listed by RE/MAX REALTRON REALTY INC.

Property Information

Property TypeFourplex
Lot Size63.21 × 160 ft
BasementUnfinished
Parking8 parking spaces · Private Triple
Property taxes$5,365/yr (2026)
Days on Market10 Days
Listed DateSep 24, 2026
MLS® NumberX13825698

Monthly Cost

Description

Fantastic 7. 26% CAP Rate! LIVE IN ONE UNIT + CASH FLOW ~ $1,300/MONTH, OR RENT ALL 4 FOR +$3,000/MONTH CASH FLOW! Rare opportunity to own an exceptionally maintained, turnkey 4-plex CASH COW in Peterborough on nearly an acre - professionally managed & offered for sale for the first time in 28 years. Potential income of ~$85,628 (close to finalizing the 4th lease). EXTENSIVELY RENOVATED INSIDE & OUT over the past 15 years, including METAL ROOFS, WINDOWS, ELECTRICAL wiring & panels, PLUMBING, DRYWALL, VINYL SIDING, furnaces, central air conditioners, full interior renovations, attractive decks, fences & much more. Units #2 & #4 are single-storey 2-bed, 1-bath units w/partial basements. Units #6 & #8 are spacious 1. 5-storey 2-bed, 1-bath units featuring large primary bedrooms on the 2nd floor, partial basements w/laundry rooms. Each unit enjoys its OWN PRIVATE, FULLY FENCED BACKYARD & 2 PARKING SPACES. A well-maintained, substantially updated 4-plex offering the combination investors look for: STRONG CASH FLOW, FOUR 2-BEDROOM UNITS, PRIVATE YARDS, AMPLE PARKING, EXTENSIVE CAPITAL IMPROVEMENTS and LONG-TERM RENTAL APPEAL. Unit #4 is currently VACANT and available for showings until the incoming tenants take possession. Buyer to assume all existing tenancies. Please do not walk the yards or disturb the tenants of Units #2, #6 or #8 without an accepted offer. Excellent central location within walking distance of amenities & public transit, w/convenient access to Trent University & Peterborough's colleges, walking/bike lane provide convenient south access to Antrim Street.

Listing History

Event
Date
Price
Listed
Sep 24, 2026
$799,900

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Sep 30, 2026
Data sources & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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