490 Stewart Street, Peterborough, ON

$849,900
MLS#:X9241792
8 beds
3 baths
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $849,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 8 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Premium 143.29 x 98.46 ft lot size
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

Attention all investors seeking a cash-flowing, low maintenance jackpot! Look right here for the ultimate triplex! Over 6% Cap rate! You'll be blown away by its 2x3 bedroom units and 1x2 bedroom unit. The 2x3 bedroom units each have their own separate entrance/balcony. Every unit has separate hydro and water meters. You can add coin laundry in the basement for extra income. Recent updates include new flooring, renovated bathrooms, roof (2018) and more in all units! Parking for 4 cars plus a backyard for the tenants to enjoy, let up lawn furniture or enjoy BBQ. Located close to the cafe district downtown. Don't miss out on this incredible opportunity!

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Key Features

Bedrooms
8
Bathrooms
3
Kitchens
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 11, 2024
Sold price information is available to members only
Listed Date8/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick
Lot Size143.29 × 98.46 Feet
CountyPeterborough
Annual Tax$4,536.08
Legal DescriptionPt Lt 11 North of Murray & West of George, PL 1 *

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Arts Centre, Golf, Hospital, Library, Marina, Level

Community Features

Location

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490 Stewart Street, Peterborough, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 490 Stewart Street, Peterborough, ON K9H 4B6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$679,920
Monthly Mortgage$3,951
Property Tax (Est.)$378
Utilities & Maint.$350
Total Monthly Cost$4,679

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Peterborough.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Town Ward 3, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$579,265

People & Families

Age Distribution

Household Composition

One-person households
29%
Families with children
36%
Couples without children
32%
Other households
3%

Top Ethnic Origins

English33%
Irish30%
Scottish25%
Canadian17%

Local Schools Guide

Elementary Schools

Queen Mary
Public1445 Monaghan Road, Peterborough, Ontario, K9J 5M8
4.0
Prince of Wales
Public1211 Monaghan Road, Peterborough, Ontario, K9J 5L4
4.1
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9
Highland Heights
Public430 Highland Road, Peterborough, Ontario, K9H 5J7
4.6
Westmount
Public1520 Sherwood Crescent, Peterborough, Ontario, K9J 6T8
5.2

Secondary Schools

St. Peter’s
CatholicPeterborough, Ontario
6.7
Adam Scott
Public175 Langton Street, Peterborough, Ontario, K9H 6K3
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.