For Sale
271 Thomas Street
Town Ward 3, Peterborough, ON
$999,500
12Bd
4Ba
2,750+sqft
4Parking
40.01 x 85.2 ftlot
$363/sqft
MultiplexMLS# X12568548Listed 2025-11-22152 DOM
Heating
Separate Heating Controls
Cooling
Central Air
Basement
Unfinished
On the market for 152 days — longer than average. The seller may be open to negotiation.
About this home
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. This clean, well-managed side-by-side duplex has been 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!
Renovated
Rooms
Main Floor
| Living Room | 4.22 × 4.06 m | |
| Kitchen | 4.53 × 3.45 m | |
| Kitchen | 5.02 × 4.22 m | |
| Den | 3.24 × 1.89 m | |
| Bathroom | 2.15 × 1.40 m | 3 Pc Bath |
| Bathroom | 1.64 × 1.47 m | 4 Pc Bath |
| Bedroom | 4.05 × 3.23 m | |
| Bedroom 2 | 3.64 × 2.13 m | |
| Bedroom 3 | 3.23 × 2.05 m | |
| Bedroom 4 | 3.57 × 2.90 m | |
| Mud Room | 3.63 × 3.56 m |
Second Floor
| Bedroom 5 | 3.89 × 2.91 m | |
| Bedroom | 3.37 × 2.92 m | |
| Bedroom | 4.55 × 3.62 m | |
| Bedroom | 3.90 × 1.96 m | |
| Bathroom | 2.55 × 1.69 m | 4 Pc Bath |
| Bedroom | 3.90 × 1.96 m | |
| Bedroom | 2.88 × 1.91 m | |
| Bedroom | 3.27 × 2.90 m | |
| Bedroom | 4.55 × 3.60 m | |
| Bathroom | 2.56 × 1.59 m | 4 Pc Bath |
| Other | 2.90 × 1.80 m |
Features
- Separate Heating Controls
- Deck
- Porch
- Full
- Unfinished
- Central Air
- 2-Storey
Financials
Annual Taxes
$5,838
Estimated Rental Income
Entire property$4,500 – $7,000/mo
Rental yield5.4% – 8.4%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Peterborough
Days on market152 days
Buyer's MarketSeller's Market
Based on active listings in Peterborough. Data updates daily.
Our estimate for this home
Estimated range
$938K – $1.09M
Mid-point $1.01M · ~$369/sqft
How this listing compares
$938KList · $1000K$1.09M
Low confidence·Based on 6 gta-wide comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
52
/ 100
Walk Score
Somewhat Walkable
37
/ 100
Transit Score
Some Transit
40
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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