For Lease
685 Armour Road Lower #Lower
Ashburnham Ward 4, Peterborough, ON
$1,700
0+1Bd
1Ba
900+sqft
1Parking
$2/sqft
DetachedMLS# X12969550Listed 2026-04-0838 DOM
Cooling
Central Air
Basement
Finished
On the market for 38 days — longer than average. The seller may be open to negotiation.
About this home
This updated 1-bedroom, 1-bathroom legal basement unit includes a cozy den with built-in bookshelves, perfect for a home office or extra storage. The space has been refreshed with new windows, flooring, updated bathroom fixtures, and an open-concept kitchen that feels bright and functional. It also offers in-unit laundry with new appliances, one parking spot, and convenient access to public transportation right outside your door. Tenants are responsible for 40% of utilities (gas, hydro, and water).
Rooms
Basement
| Kitchen | 3.05 × 4.34 m | |
| Den | 3.51 × 4.09 m | |
| Bedroom | 3.53 × 3.23 m | |
| Laundry | 2.39 × 2.21 m |
Features
- Carpet Free
- Separate Entrance
- Finished
- Central Air
- Bungalow
Financials
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1411.8% – 2117.6%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Peterborough
Days on market38 days
Buyer's MarketSeller's Market
Based on active listings in Peterborough. Data updates daily.
Our estimate for this home
Estimated range
$504K – $586K
Mid-point $545K · ~$605/sqft
How this listing compares
$504KList · $2K$586K
Medium confidence·Based on 10 ashburnham ward 4 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.
60
/ 100
Walk Score
Somewhat Walkable
45
/ 100
Transit Score
Some Transit
52
/ 100
Bike Score
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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