New · Listed Oct 6, 2026 · 23 days on market
266 Romaine Street, Peterborough, ON K9J 2C5
$2,990,000
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
| Age | 31-50 |
| Lot size | 0.348 |
| Lot width | 66 |
| Lot depth | 233.58 |
| Lot shape | Rectangular |
Power & Services
| Heating type | Baseboard |
| Sewer | Sanitary+Storm |
| Utilities | Yes |
Zoning & Taxes
| Taxes / yr | $48,202 |
| Tax year | 2026 |
Interested in this property?
Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.
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..