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201 ROMAINE STREET, Peterborough

For Sale

4 Bed · 2 Bath · Multi-family · MLS® X13104742

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Overview
Bedrooms
4
Bathrooms
2
Type
Multi-Family
Stories
3
Status
Active
Property Tax
$4,281.32/yr

Property Description

Rarely does a duplex offer this much versatility, outdoor living space, and personality all in one package. Set in central Peterborough, this updated century home is ideal for buyers looking to combine home ownership with income potential, support multi-generational living, or create flexible space for changing family needs. Currently configured as 2 self-contained units, the home offers a natural setup for extended families wanting independence while remaining close. The upper unit spans 2 levels and features 3 bedrooms, a full bath, and a bright loft-style living room where skylights flood the space with natural light. The updated kitchen opens onto a rooftop patio complete with southern exposure, gazebo, propane fireplace, and space to entertain or unwind. The main floor suite offers excellent flexibility depending on your goals. Currently used as a spacious 1-bedroom layout, the front living area could easily transition into a 2nd bedroom, making the space adaptable for tenants, family members, or future resale appeal. Large principal rooms, a bright kitchen and dining area, 4-piece bath, and views of the landscaped backyard create a comfortable and functional living environment. Outside, the property continues to impress with private fenced outdoor space rarely found in duplex living. Mature landscaping, multiple sitting areas, utility sheds, and parking for up to 4 vehicles make the home both practical and inviting. Extensive improvements include updated kitchens and finishes, rooftop patio, rebuilt front porch, metal roof, spray foam insulation, vinyl windows, privacy fencing, and exterior landscaping that adds to the home's standout curb appeal. Located in a practical, walkable neighbourhood close to downtown Peterborough, you're just steps to parks, trails, shopping, restaurants, the YMCA of Central East Ontario, and events at Del Crary Park. A rare opportunity to own a beautifully maintained duplex with flexibility, character, and long-term potential.

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