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266 Romaine Street
Town Ward 3 Peterborough K9J 2C5

$2,990,000 /For Sale
Commercial

Main Photo: 266 Romaine Street in Peterborough: Town Ward 3 Commercial for sale : MLS®# X13866910
Photo 1: 266 Romaine Street in Peterborough: Town Ward 3 Commercial for sale : MLS®# X13866910
Photo 2: 266 Romaine Street in Peterborough: Town Ward 3 Commercial for sale : MLS®# X13866910
Photo 3: 266 Romaine Street in Peterborough: Town Ward 3 Commercial for sale : MLS®# X13866910
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Photo 6: 266 Romaine Street in Peterborough: Town Ward 3 Commercial for sale : MLS®# X13866910
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Photo 31: 266 Romaine Street in Peterborough: Town Ward 3 Commercial for sale : MLS®# X13866910
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13866910
Bus Major:
Apts - 13 To 20 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
31-50
Total Area:
15000 sq. ft. Square Feet
Total Area:
15,000 sq. ft.
Lot Depth:
233'7"
Lot Frontage:
66'
Lot Shape:
Rectangular
Water supply:
Municipal
Soil Test:
No
Zoning:
R1, R2, R3, R4
Heating type:
Baseboard
Survey Available:
Yes
Garage:
None
Trailer Parking Spots:
0
Possession Details:
Flexible
Lot Irregularities:
none
HST Applicable To Sale Price:
Not Subject to HST
Assessment:
$1,364,000
Assessment Year:
2026
Development Charges Paid:
No
Type Taxes:
Annual
Taxes:
$44,000 / 2026
Assessment:
$1,364,000.00 / 2026
Peterborough
Peterborough
Town Ward 3
Public Transit
16 Hot Water Tanks
15 Fridges, 15 Stoves
All tenants belongings. All Hot Water Tanks.
None
No
No
UFFI:
No
Amperage:
600
Volts:
240
Water Supply Types:
Chlorination
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Major Business Type:
Apts - 13 To 20 Units
Category:
Apartment
Outside Storage:
No
Date Listed:
Oct 06, 2026
Original Price:
Previous Price:
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Listed by Century 21 United Realty Inc.
Data was last updated October 7, 2026 at 02:15 AM (UTC)
DARYL  KING
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1. Are apartment buildings a good investment?
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2. What should I consider before buying an apartment building?
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