271 Thomas Street, Peterborough, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex 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.
- 12 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 40.25 x 87.5 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Separate Heating Controls
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
WOW. Fully renovated, turnkey licensed Large Rental Dwelling with 12 sparkling rental rooms. Projected NOI approx. $85,000. Excellent opportunity to own a fully renovated and upgraded, licensed Large Rental Dwelling with strong income and quality tenants. Well-managed and modernized top to bottom including 100% new flooring, updated kitchens, renovated bathrooms, and numerous additional upgrades throughout. Each side offers 6 bedrooms, 2 full baths, a full kitchen, and an unfinished basement with laundry. Rent includes utilities, laundry, and internet. Some rooms come fully furnished. See Documents for list of inclusions and recent upgrades since August 2022. One side also includes an unfinished room with potential to create a 13th bedroom for increased revenue. Forced-air gas and central a/c both sides. Excellent cash flow. Don't miss this opportunity!
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Property Summary
This multiplex located at 271 Thomas Street, Peterborough is currently for sale and has been available on SousaSells for 42 days. This property is listed at $849,900 with an estimated mortgage of $2,829* per month. It has 12 beds, 4 bathrooms, and is 3000-3500 square feet. 271 Thomas Street, Peterborough is in the Town Ward 3 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 12 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Town Ward 3, Peterborough.
- •12 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Town Ward 3, Peterborough.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- Public Transit
Interior Features
- Separate Heating Controls
Security Features
- None
Community Features
None listed
Frequently Asked Questions about 271 Thomas Street, Peterborough, ON
Q.What is the asking price for 271 Thomas Street, Peterborough, ON ?
The current listing price for 271 Thomas Street, Peterborough, ON in Town Ward 3, Peterborough is $849,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 12 bedrooms and 4 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 271 Thomas Street, Peterborough, ON ?
271 Thomas Street, Peterborough, ON is a Multiplex (2-Storey) featuring a Full, Unfinished basement.
Q.What key property features does 271 Thomas Street, Peterborough, ON offer?
Key property features include: Park, Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Separate Heating Controls.
Q.What security features are installed at 271 Thomas Street, Peterborough, ON ?
Security features include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 271 Thomas Street, Peterborough, ON K9J 5E7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Peterborough, ON
For a property listed at $849,900 in Peterborough, the legal minimum down payment is $59,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,473 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,473.
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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.