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About This Property

Exceptional turnkey investment opportunity in the heart of Peterborough's downtown core! This fully licensed legal rooming/boarding house at 220 Dublin Street is a well-maintained all-brick two-storey property offering excellent cash flow with a strong 6.9% cap rate. The main building features 11 fully rented bedrooms, 1 shared kitchen, 1 private kitchen and 2.5 shared bathrooms, while the self-contained basement accessory apartment offers a separate entrance, full kitchen, and bathroom, creating an additional income stream. Situated on a large private lot in a high-demand rental area, this property is fully tenanted and conveniently located close to public transit, shopping, restaurants, downtown amenities. Whether you're looking to expand your investment portfolio or acquire a proven income-producing property, 220 Dublin Street offers stable returns, strong occupancy, and outstanding long-term potential. (id:63604)

Key Facts

Type

Multi-family

Beds

Baths

Size

3,000 sqft

Lot

54.4 x 191 FT

Parking

6 total

Property Details 13 details

Bedrooms

12 bedrooms

12 above grade

Bathrooms

4 bathrooms

1 partial

Parking

6 parking spaces

No Garage

Living area

3,000 - 3,500 sq. ft.

Property

Multi-family

Property subtype

Multi-family

Structure type

Other

Storeys

Basement

Finished, Apartment in basement, Separate entrance, Walk-up

Heating

Radiant heat, Forced air, Natural gas

Fireplace

Lot dimensions

54.4 x 191 FT

Frontage

54.40 feet

Taxes

$5,234.00

Zoning

Water source

Municipal water

Sewer

Sanitary sewer

Exterior features

BrickStone

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Mortgage & Affordability Estimate monthly costs

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Purchase price$650,000

Down paymentNot available

Mortgage amountNot available

Principal & interestNot available

Property taxesNot available

Condo/HOA feeNot available

Insurance/OtherNot available

UtilitiesNot available

Est. monthly totalNot available

Income needed (GDS 32%)Not available

Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area: Town Ward 3
City: Peterborough
Postal code: K9H 3B7
Nearby: Cross Streets: Aylmer St & Dublin St. ** Directions: From Parkhill Road turn south onto George Street then turn right onto Dublin St. 220 Dublin is on the right before Aylmer St.