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Saturday, October 10th, 2026

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$799,900
Available - For Sale
Listing ID: X13825698
Take advantage of a fantastic 7.26% CAP Rate at 2,4,6,& 8 -185 Parkhill! LIVE IN ONE UNIT + CASH FLOW ~ $1,300/MONTH, OR RENT ALL 4 FOR +$3,000/MONTH CASH FLOW! Rare opportunity to own an exceptionally maintained, turnkey 4-plex CASH COW in Peterborough on nearly half an acre - professionally managed & offered for sale for the first time in 28 years. Potential income of ~$85,628 (close to finalizing the 4th lease). EXTENSIVELY RENOVATED INSIDE & OUT over the past 15 years, including METAL ROOFS, WINDOWS, ELECTRICAL wiring & panels, PLUMBING, DRYWALL, VINYL SIDING, furnaces, central air conditioners, full interior renovations, attractive decks, fences & much more. Units #2 & #4 are single-storey 2-bed, 1-bath units w/partial basements. Units #6 & #8 are spacious 1.5-storey 2-bed, 1-bath units featuring large primary bedrooms on the 2nd floor, partial basements w/laundry rooms. 2 Houses with 4 semi-detached all above ground units. Each unit enjoys its OWN PRIVATE, FULLY FENCED BACKYARD & 2 PARKING SPACES. Separate meters and tenants pay all utilities. A well-maintained, substantially updated 4-plex offering the combination investors look for: STRONG CASH FLOW, FOUR 2-BEDROOM ALL ABOVE GROUND UNITS, PRIVATE YARDS, AMPLE PARKING, EXTENSIVE CAPITAL IMPROVEMENTS and LONG-TERM RENTAL APPEAL. Unit #4 is currently VACANT and available for showings. Buyer to assume all existing tenancies ( 3 leases on units 2,6 & 8 and 5 tenants in total). Please do not walk the yards or disturb the tenants of Units #2, #6 or #8 without an accepted offer. Excellent central location within walking distance of amenities & public transit, w/convenient access to Trent University & Peterborough's Colleges, walking/bike lane provide convenient south access to Antrim Street. Everything is done & done well! Just buy and enjoy solid cash flow from day 1!
Price $799,900
Taxes: $5,365.48
Occupancy by: Tenant
Address: 185 Parkhill Road , Peterborough, K9H 3H2, Peterborough
Directions/Cross Streets: Parkhill Rd W /Between George/Alymer
Rooms: 20
Bedrooms: 8
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Unfinished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Main
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4 Main
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  4 Main
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  4 Main
Washroom 37:  0
Washroom 38:  0
Washroom 39:  0
Washroom 40:  0
Washroom 41:  4 Main
Washroom 42:  0
Washroom 43:  0
Washroom 44:  0
Washroom 45:  0
Washroom 46:  4 Main
Washroom 47:  0
Washroom 48:  0
Washroom 49:  0
Washroom 50:  0
Washroom 51:  4 Main
Washroom 52:  0
Washroom 53:  0
Washroom 54:  0
Washroom 55:  0
Washroom 56:  4 Main
Washroom 57:  0
Washroom 58:  0
Washroom 59:  0
Washroom 60:  0
Washroom 61:  4 Main
Washroom 62:  0
Washroom 63:  0
Washroom 64:  0
Washroom 65:  0
Washroom 66:  4 Main
Washroom 67:  0
Washroom 68:  0
Washroom 69:  0
Washroom 70:  0
Washroom 71:  4 Main
Washroom 72:  0
Washroom 73:  0
Washroom 74:  0
Washroom 75:  0
Washroom 76:  4 Main
Washroom 77:  0
Washroom 78:  0
Washroom 79:  0
Washroom 80:  0
Property Type: Fourplex
Style: 1 1/2 Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Tr
Drive Parking Spaces: 8
Park #1
Parking Type: Private Tr
Park #2
Parking Type: Private Tr
Pool: None
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTRON REALTY INC.

185 Parkhill Road , Peterborough, K9H 3H2, Peterborough

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Freehold - Fourplex
Area: Peterborough
Municipality: Peterborough
Neighbourhood: Town Ward 3
Style: 1 1/2 Storey
Lot Size: x 160.00(Feet)
Approximate Age:
Tax: $5,365.48
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com