266 Romaine Street, Peterborough

$2,990,000
266 Romaine Street

$2,990,000

New
17d
Investment

266 Romaine Street, Peterborough

Total Monthly Obligation $16,453

Beds
0
Baths
0
Park
0
DOM
17d
Property Type-Investment
MLS® Number-X13866910
Beds-0
Lot Size-66 × 233.58 ft
Listed on site-Oct 6, 2026
Building Type-Investment
Age-31-50
Taxes-$48,201.73 (2026)
Parking-None
Heating-Baseboard
Brokerage-Century 21 United Realty Inc.
Cooling-No
Fireplace-No
Pool-None
Sewer-Sanitary+Storm
Possession-Flexible
Neighbourhood-Town Ward 3
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$2,392,000
Land Transfer Taxes$61,225
Legal Fees (Est.)
$
Total cash required for closing$660,725

Total Monthly Obligation

$16,453/mo
Mortgage $12,061
Monthly Loss $13,279
Principal$3,174
Interest$8,887
Property Tax$4,017
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 266 Romaine Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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