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266 Romaine Street

Town Ward 3 / Peterborough, ON K9J 2C5

ActiveFor Sale
0 Beds
0 Baths
15,000 Sq Ft
Commercial

About This Property

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 Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size15,000 sq ft
Bedrooms0
Bathrooms0
Taxes (2026)$48,202
Postal CodeK9J 2C5
Last UpdatedOct 28, 2026 · 2:25 p.m.

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TRREB MLS® Attribution

MLS® X13866910

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.

$2,990,000

asking price

MLS®X13866910
TypeCommercial
CityPeterborough
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$14,601

/month · $2,392,000 mortgage

Down Payment20% — $598,000
Interest Rate5.5%

Amortization

Total Interest

$1,988,169

Total Cost

$4,380,169

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.