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!
Address
271 Thomas Street
List Price
$999,500
MLS® Status
New
Expiration Date
2026-05-20
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Peterborough
Sub-Area
town-ward-3
Bedrooms
12
Bedrooms (Total)
12
Rooms Above Grade
22
Bathrooms
4
Floor Area
3000-3500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
87.5
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
40.25
Parcel Number
280830200
Occupant Type
Tenant
Cross Street
Paterson & Bolivar
Approx. Age
100+ Years
MLS® Number
X12644024
Listing Brokerage
RE/MAX HALLMARK EASTERN REALTY
Basement Area
Unfinished
Postal Code
K9J 5E7
Posession Details
TBD
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$5,838.00
Tax Year
2025
Site Influences
Deck, Hospital, Porch
Exterior Features
Deck, Porch
Interior Features
Separate Heating Controls
Property Features
Hospital
Cable
Yes
Central Vacuum
No
Family Room
Yes
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Other Structures
None
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 29 PL 90 PETERBOROUGH ; PETERBOROUGH
Security Features
None
Waterfront
No
Sewer
Sewer
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