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632 UNION STREET, Peterborough

For Sale

4 Bed · 3 Bath · Single Family · MLS® X13123060

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Overview
Bedrooms
4
Bathrooms
3
Type
Single Family
Stories
2
Status
Active
Property Tax
$3,874.42/yr (2025)

Property Description

**Excellent opportunity for investors or multi-generations living**. A well maintained duplex featuring 2 self-contained 2 bedrooms units, located in Peterborough's desirable North Central Neighborhood, close to downtown amenities, transit, schools, Trent university, Fleming College, shopping and parks.

Unit A -upper floor features 2 bedrooms, a kitchen, 1 bathroom, a large size foyer, Laundry rm resides in basement. Unit B-Main floor features 2 bedrooms, 2 bathrooms, laundry rm, extra-large kitchen/living/dining and family area.

This turnkey 2 units duplex features a *NEW ROOF/2025*, private entrances, and separate hydro meters, making it an ideal fit for investors or multi-generational families seeking rental support.

Both units are currently occupied by cooperative, reliable tenants who are willing to stay on with the new owner, providing immediate, stable cash flow with projected rents of approximately $3,450 per month.

This property includes a detached double car garage, perfect for storage, workshop additional rental income with a large driveway for 4 additional cars.

Situated on a quiet, low traffic street beside a park, the home provides a peaceful setting while remaining close to everything that drives strong rental demand. This combination of location, condition, and income potential makes 632 Union St a standout opportunity in a high demand rental corridor.

Whether you're expanding your portfolio, securing a reliable income property, or looking for a flexible multi unit home, this duplex delivers stability, versatility, and long term value. With a new roof, updated interiors, and income ready to go, this is a clean, low maintenance investment you won't want to miss. A cashflow ready opportunity with major upgrades already done.

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