271 Thomas Street
Peterborough (Town Ward 3), ON K9J 5E7
- 8+4Bedrooms
- 4Bathrooms
- 4Parking
- 3000–3500Sq Ft
- $5,838Tax
- 40×88 ftLot Size
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About 271 Thomas Street, Peterborough, Town Ward 3
Summarized Description
- Fully renovated and turnkey rental property.
- Projected NOI of approximately $85,000.
- Includes 12 rental rooms with quality tenants.
- Updated kitchens and renovated bathrooms throughout.
- Potential for a 13th bedroom to increase revenue.
- Utilities, laundry, and internet included in rent.
- Well-managed with excellent cash flow potential.
- Modernized top to bottom with numerous upgrades.
WOW. Fully renovated, turnkey licensed Large Rental Dwelling with 12 sparkling rental rooms. Projected NOI approx. $85,000. Excellent opportunity to own a fully renovated and upgraded, licensed Large Rental Dwelling with strong income and quality tenants. Well-managed and modernized top to bottom including 100% new flooring, updated kitchens, renovated bathrooms, and numerous additional upgrades throughout. Each side offers 6 bedrooms, 2 full baths, a full kitchen, and an unfinished basement with laundry. Rent includes utilities, laundry, and internet. Some rooms come fully furnished. See Documents for list of inclusions and recent upgrades since August 2022. One side also includes an unfinished room with potential to create a 13th bedroom for increased revenue. Forced-air gas and central a/c both sides. Excellent cash flow. Don't miss this opportunity!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,838
- Land Transfer Tax Fee
- $13,473
- Basement Type
- Full, Unfinished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Separate Heating Controls
- Security Features
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Porch
- Pool
- None
- Property Features
- Park, Public Transit
- Other Structures
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 40.25 ft
- Lot Depth
- 87.50 ft
- Lot Size
- 0.081
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 4 fridges, 4 stoves, 2 washers, 2 dryers, 2 microwave ovens, 4 security cameras, 2 hot water tanks (owned), room furniture (see Documents for complete list)
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 8 + 4
- Washrooms
- 4
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Bedroom—Second level
- Den—Main level
- Other—Second level
- Bedroom—Main level
- Bedroom—Second level
- Bedroom—Second level
- Bedroom—Second level
- Bathroom—Second level, 4 Pc Bath
- Living Room—Main level
- Bedroom—Main level
- Bedroom—Second level
- Bedroom—Second level
- Bedroom—Second level
- Bedroom—Main level
- Kitchen—Main level
- Bathroom—Main level, 3 Pc Bath
- Bathroom—Second level, 4 Pc Bath
- Kitchen—Main level
- Bedroom—Main level
- Bathroom—Main level, 4 Pc Bath
- Mud Room—Main level
- Bedroom—Second level
Washrooms
- 4-piece, Second
- 4-piece, Ground
- 3-piece, Ground
- Municipality
- Peterborough
- Neighbourhood
- Town Ward 3
- Main cross streets
- Thomas & Bolivar
- Zoning
- R2
- Directions
- Thomas & Bolivar
- MLS® number
- X13495002
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-04
- Listed on
- 2026-06-25
- Days on market
- 71 days
- Possession type
- Flexible
- Co-op commission
- 2.5
- Seller
- Listed by
- RE/MAX HALLMARK EASTERN REALTY
Home Market Value
Current home valuation for 271 Thomas Street, Peterborough, Town Ward 3, Peterborough, ON. Listed for $849,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 271 Thomas Street, Peterborough, Town Ward 3
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $349,900 over $500K
$59,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $31,582 | $23,712 | $20,228 | $0 |
=Total mortgage | $821,139 | $788,622 | $742,643 | $679,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,009monthly | $3,850monthly | $3,626monthly | $3,320monthly |
Land Transfer Tax
$13,473
$13,473
Around this home
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