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198 Aylmer Street

Town Ward 3 / Peterborough, ON K9J 3K1

ActiveFor Sale
6 Beds
3 Baths
1,500 Sq Ft
Multi-Family
Virtual Tour Available

About This Property

CALLING ALL INVESTORS! Unlock the potential of this vacant, one family-owned triplex, offering investors the opportunity to establish their own rent from day one. Each of the three units features 2 bedrooms and 1 bathroom, perfect layout for capturing your ideal tenants. One unit has already been updated, while the remaining two offer untapped potential for investors to add further value to the building. With the property being vacant, you have the flexibility to determine your own rents. Conveniently located to public transit, shopping and walking distance to City amenities. Adding further potential, R3 zoning permits up to 8 units, the lot may offer opportunities for additional units or future development, subject to zoning, City approvals and required permits. A rare opportunity to acquire a vacant triplex with three 2-bedroom units, with a mix of existing updates, opportunity to add further value potential and the flexibility to shape the property to your investment vision.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms6
Bathrooms3
Taxes (2026)$5,101
Postal CodeK9J 3K1
Last UpdatedOct 28, 2026 · 2:24 p.m.

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Features & Amenities

  • Basement

Buying or selling in Peterborough?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X13866338

Listed by Century 21 United Realty Inc.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$799,900

asking price

MLS®X13866338
TypeMulti-Family
CityPeterborough
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,906

/month · $639,920 mortgage

Down Payment20% — $159,980
Interest Rate5.5%

Amortization

Total Interest

$531,885

Total Cost

$1,171,805

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Century 21 United Realty Inc.