185 W Parkhill Road, Peterborough, ON K9H 3H2
  • $799,900

Overview

  • Fourplex, Style 1 1/2 Storey
  • Type
  • 8
  • Bedrooms

Description

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.

  • Address: Parkhill
  • City: Peterborough
  • State/county: Peterborough
  • Zip/Postal Code: K9H 3H2
  • Area: Town Ward 3

Details

Updated on September 29, 2026 at 8:50 pm
  • Price $799,900
  • Bedrooms 8
  • Type Fourplex, Style 1 1/2 Storey
  • Property Status Residential Freehold

Additional details

  • Square Footage 3000-3500
  • Bedrooms 8
  • Kitchens 4
  • Total Kitchens 4
  • Heating Source Gas
  • Heating Fuel Forced Air
  • Air Conditioning Central Air
  • Front 63.21
  • Depth 160
  • Driveway Private Triple
  • Parking Spaces 8
  • Total Parking Spaces 8
  • Pool None
  • Exterior Finish Vinyl Siding
  • Property Orientation South
  • Sewers Sewer
  • Cross Street Parkhill Rd W /Between George/Alymer
  • Taxes 5365.48
  • Tax Year 2026
  • Occupancy Tenant
  • Courtesy of RE/MAX REALTRON REALTY INC.

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