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New · Listed Oct 6, 2026 · 23 days on market

266 Romaine Street, Peterborough, ON K9J 2C5

$2,990,000

Commercial · Investment · 15000 sq ft · For Sale

Excellent opportunity to acquire a quality purpose built 15-plex with convenient central location. Close to downtown, Lansdowne St., Memorial Center, Farmers Market, YMCA, parks, transit and many other community amenities. Multi-unit building includes 12-2 bedroom apartments and 3-1 bedroom apartments, on site laundry and tenants personal storage lockers on each floor. Also included is on site parking for 1 vehicle per apartment, fridge and stove in each unit and 4 apartments have walkout to balconies. There is a significant upside to rental income upon leasing turnover as current rents would see a 50%+ increase to present market rents.

Property summary

TypeCommercial
SubtypeInvestment
Business typeApts - 13 To 20 Units
Building area15000 Square Feet
Lot size66 × 233.58 ft
Taxes$48,202 / yr
GarageNone
PossessionFlexible
OccupantTenant
Property
Age31-50
Lot size0.348
Lot width66
Lot depth233.58
Lot shapeRectangular
Power & Services
Heating typeBaseboard
SewerSanitary+Storm
UtilitiesYes
Zoning & Taxes
Taxes / yr$48,202
Tax year2026
Interested in this property?
Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.

Data provided by TRREB. Listed by Century 21 United Realty Inc..

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CC Susan — Central Commercial
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