813 Water St. & 11 Argyle Street, Peterborough

$1,673,900
813 Water St. & 11 Argyle Street

$1,673,900

New
22d
Multiplex2-Storey

813 Water St. & 11 Argyle Street, Peterborough

Total Monthly Obligation $8,176

Beds
10
Baths
7
Park
9
Sqft
5000 +
DOM
22d
Property Type-Multiplex
MLS® Number-X13855338
Beds-10
Bathrooms-7
Size-5000 + sqft
Lot Size-180 × 175 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Multiplex
Age-100+
Taxes-$12,589 (2025)
Parking-11 - Detached
Basement-Unfinished, Other
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK EASTERN REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric, Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Metal, Shingles
Foundation-Other, Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Northcrest Ward 5
Title-Residential Freehold

No agent assigned

Well-maintained 7-unit apartment building landmark investment opportunity available in central Peterborough location. Two buildings which include 7 individual apartments, each with their own entrances, hydro meters, fridges, and stoves. 2-car detached garage and large paved circular drive. 4,125 Sq. Ft building and 3,552 Sq. Ft. building included in this offer. 813 Water St has an updated roof. Current apartment setup for these buildings is 4 x 1-bedroom units, 2 x 2-bedroom units, and 1 x 4-bedroom unit. Excellent investment opportunity that is situated on a large level .65-acre lot with development potential/ space for additional units to be built.(Rent Amounts - Apt 1 - $1,625, Apt 2 - $1,250, Apt 3 - $1,625, Apt 4 - $1,300 + 4 Bedroom - $2,700, 813A - $1,300, 820 - $1,150). Great investment opportunity with strong gross income potential of $132,600.

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Closing Costs

Mortgage Amount
$1,339,120
Land Transfer Taxes$29,953
Legal Fees (Est.)
$
Total cash required for closing$366,233

Total Monthly Obligation

$8,176/mo
Mortgage $6,752
Monthly Loss $6,399
Principal$1,777
Interest$4,975
Property Tax$1,049
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 813 Water St. & 11 Argyle Street

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