266 Romaine Street, Peterborough, ON K9J 2C5
Peterborough, ON, K9J 2C5 · Town Ward 3
About this property
Excellent opportunity to acquire a quality purpose built 15-plex with convenient central location. Close to downtown, Lansdowne St., Memorial Center, Farmers Market, YMCA, parks, transit and many other community amenities. Multi-unit building includes 12-2 bedroom apartments and 3-1 bedroom apartments, on site laundry and tenants personal storage lockers on each floor. Also included is on site parking for 1 vehicle per apartment, fridge and stove in each unit and 4 apartments have walkout to balconies. There is a significant upside to rental income upon leasing turnover as current rents would see a 50%+ increase to present market rents.
Features & Amenities
- Garage: None
- Cooling: No
- Heat Type: Baseboard
- Sewer: Sanitary+Storm
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Lot Size | 0 Feet |
| Garage | None |
| Heat Type | Baseboard |
| Cooling | No |
| Sewer | Sanitary+Storm |
| Annual Tax | $48,202 |
| Tax Year | 2026 |
Building & Construction
- Approximate Age
- 31-50
- Building Area Total
- 15000
Heating & Cooling
- Heat Type
- Baseboard
- Cooling
- No
Parking & Garage
- Garage Type
- None
Lot & Land
- Lot Size Area
- 0.35
- Lot Size Units
- Feet
- Lot Depth
- 233.58
- Lot Width
- 66.00
- Lot Irregularities
- none
Community & Neighborhood
- Community Features
- Public Transit
Financial & Tax
- Tax Annual Amount
- $48,202
- Tax Year
- 2026
- Tax Assessed Value
- $1,364,000
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sanitary+Storm
- Water Source
- Chlorination
- Utilities
- Yes
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Peterborough
- Cross Street
- Park St and Aylmer St
- Directions
- Take Park Street to Romaine Street, turn east
- Showing Requirements
- Showing System, List Brokerage
Location
266 Romaine Street, Peterborough, ON K9J 2C5, Peterborough, ON, K9J 2C5