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271 Thomas Street

Town Ward 3 Peterborough K9J 5E7

$999,500

Residential Freehold beds: 12 baths: 4.0

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• Details
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Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

X12644024

Bedrooms:

12

Bathrooms:

4

• Photos (50)

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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!

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Duplex

Home Style:

2-Storey

Approx. Age:

100+

Total Approx Floor Area:

3000-3500

Lot Size:

<.50

Lot Depth:

87'6"26.7 m

Lot Frontage:

40'3"12.3 m

Direction Faces:

West

Bedrooms:

12+0

Bathrooms:

4.0

Water supply:

Municipal

Kitchens:

2

Kitchens in Basement:

0

Bedrooms Above Grade:

12

Bedrooms Below Grade:

0

Kitchens Above Grade:

2

Rooms Above Grade:

22

Rooms Below Grade:

0

Zoning:

R2

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Gas

Fireplaces:

0

Foundation:

Concrete

Roof:

Asphalt Shingle

Basement:

Unfinished

Fireplace/Stove:

No

Garage:

None

Garage Spaces:

0.0

Other Structures:

None

Parking Spaces:

4

Total Parking Spaces:

4.0

Family Room:

Yes

Possession Details:

TBD

Pool:

None

Link:

No

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Assessment Year:

2025

Taxes:

$5,838 / 2025

Assessment:

$- / 2025

County:

Peterborough

Listing Area:

Peterborough

Listing Sub-Area:

Town Ward 3

Property Features / Area Influences:

Hospital

Interior Features:

Separate Heating Controls

Exterior Features:

Deck, Porch

Security Features:

None

Inclusions:

4 fridges, 4 stoves, 2 washers, 2 dryers, 2 microwave ovens, 4 security cameras, 2 hot water tanks (owned), room furniture (see Documents for complete list)

Exterior Finish:

Brick

Elevator:

No

Retirement:

No

Room Information:

Floor

Type

Size

Other

Main

Living Room

13'10"4.22 m × 13'4"4.06 m

Main

Kitchen

14'10"4.52 m × 11'4"3.45 m

Main

Kitchen

16'6"5.03 m × 13'10"4.22 m

Main

Den

10'7½"3.24 m × 6'2"1.88 m

Main

Bedroom

13'3½"4.05 m × 10'7"3.23 m

Main

Bedroom 2

11'11"3.63 m × 7'2.13 m

Main

Bedroom 3

10'7"3.23 m × 6'9"2.06 m

Main

Bedroom 4

11'8½"3.57 m × 9'6"2.90 m

Main

Mud Room

11'11"3.63 m × 11'8"3.56 m

Second

Bedroom 5

12'9"3.89 m × 9'7"2.92 m

Second

Bedroom

11'1"3.38 m × 9'7"2.92 m

Second

Bedroom

14'11"4.55 m × 11'11"3.63 m

Second

Bedroom

12'9½"3.90 m × 6'5"1.96 m

Second

Bedroom

8'4"2.54 m × 5'6½"1.69 m

Second

Bedroom

12'9½"3.90 m × 6'5"1.96 m

Second

Bedroom

9'2¼"2.80 m × 6'3"1.91 m

Second

Bedroom

10'8¾"3.27 m × 9'6"2.90 m

Second

Bedroom

14'11"4.55 m × 11'9¾"3.60 m

Second

Other

9'6"2.90 m × 5'11"1.80 m

Bathrooms:

Floor

Ensuite

Pieces

Other

Main

No

3

7'1" x 4'7⅛" 3 Pc Bath

Main

No

4

5'5" x 4'10" 4 Pc Bath

Second

No

-

8'4¾" x 5'3"

Other Details:

Utilities Cable:

Yes

Utilities Telephone:

Yes

Utilities Gas:

Yes

Utilities Hydro:

Yes

Utilities Water:

Yes

Sewers:

Yes

Energy Certification:

No

Green Property Information Statement:

No

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Physically Handicapped-Equipped:

No

Laundry Level:

Lower Level

Listing Info:

Date Listed:

Dec 19, 2025

Original Price:

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Previous Price:

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Listed by RE/MAX HALLMARK EASTERN REALTY

Data was last updated December 20, 2025 at 02:15 AM (UTC)

Area Statistics

Listings on market:

12

Avg list price:

$499,950

Min list price:

$419,900

Max list price:

$999,500

Avg days on market:

45

Min days on market:

10

Max days on market:

280

These statistics are generated based on the current listing's property type and located in Peterborough. Average values are derived using median calculations. This data is not produced by the MLS® system.

Get market change alerts

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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