The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional Investment Opportunity in the Heart of Peterborough! Welcome to 194 London Street, a solid all-brick triplex in a prime downtown location, just steps from public transit, walking trails, parks, and all major amenities. This property is ideal for investors looking to add a reliable, income-generating asset to their portfolio. Excellent central location, perfect for students and working professionals. Private on-site parking. Coin-operated laundry in basement for added convenience. Generous backyard space for tenants to enjoy. Two Vacant units and you can set your own rents and hand-pick your tenants Unit Break down: Unit #1: Vacant - potential rent $1,450 + hydro Unit #2: $1,780/month, all-inclusive (tenanted)Unit #3: Vacant - potential rent $1,300 + hydro A rare turnkey opportunity with strong upside potential and flexibility to set your own rents from day one. A fantastic addition to any portfolio at a price point that can't be beat!
Property Details
Listing
MLS® number
X13747348
Status
For Sale
Listed
Sep 3, 2026
Last updated
Sep 4, 2026
Possession
Immediate
Building
Type
Detached
Style
2 1/2 Storey
Approx. age
100+
Approx. size
2,000–2,500 ft²
Basement
Full, Unfinished
Lot
Frontage
29.00 ft
Depth
95.67 ft
Lot area
≈ 2,774 ft² (calculated)
View
North
Community
Town Ward 3
Parking & utilities
Garage
None, 0 spaces
Driveway
Front Yard Parking, Private, 3 spaces
Heating
Baseboard
Cooling
None
Water / sewer
Not provided by brokerage
Taxes
Property tax
$4,931 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
RE/MAX HALLMARK EASTERN REALTY
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Kitchens: 3 above grade
Basement: Full, Unfinished
Heating: Baseboard
Cooling: None
Exterior
Pool features: None
Property features: Hospital, Level, Park, Public Transit, Rec./Commun.Centre, School
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,079/mo
Mortgage (principal + interest)$1,668
Property taxFrom listing: $4,931/yr$411
Minimum $22,295 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$89,180
Ontario land transfer taxProvincial brackets, no first-time refund$5,393
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$97,373
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Peterborough has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
