Salehian.com 647-325-5000

194 London Street

Town Ward 3, Peterborough, K9H 2Y9

$445,900

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  • 3 bedrooms
  • 3 bathrooms
  • 3 parking
  • 2000-2500 sq ft

Listed 46 days ago · MLS® X13747348

About this home

Exceptional Investment Opportunity in the Heart of Peterborough! Welcome to 194 London Street, a solid all-brick triplex in a prime downtown location, just steps from public transit, walking trails, parks, and all major amenities. This property is ideal for investors looking to add a reliable, income-generating asset to their portfolio. Excellent central location, perfect for students and working professionals. Private on-site parking. Coin-operated laundry in basement for added convenience. Generous backyard space for tenants to enjoy. Two Vacant units and you can set your own rents and hand-pick your tenants Unit Break down: Unit #1: Vacant - potential rent $1,450 + hydro Unit #2: $1,780/month, all-inclusive (tenanted)Unit #3: Vacant - potential rent $1,300 + hydro A rare turnkey opportunity with strong upside potential and flexibility to set your own rents from day one. A fantastic addition to any portfolio at a price point that can't be beat!

Details

Type
Detached
Style
2 1/2 Storey
Age
100+ years
Size
2000-2500 sq ft
Lot
29 × 95.67 ft
Basement
Full, Unfinished
Garage
None
Kitchens
3
Property tax
$4,931 (2026)
Neighbourhood
Town Ward 3
Municipality
Peterborough
Price per sq ft
$198 (42% below detached houses in Town Ward 3, $343)

Interior

Bedrooms
3 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (second), 1 × 4-piece (third)
Rooms
10 above ground
Family room or den
No
Fireplace
No
Features
Accessory Apartment

Heating, cooling and services

Heating
Baseboard, Gas
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Age
100+
Faces
North
Outdoor
Year Round Living

Parking

Total parking
3
Driveway and parking
Front Yard Parking, Private

Lot

Size
29 × 95.67 ft
Acreage
< .50

More

Possession
TBD
Nearby
Hospital, Level, Park, Public Transit, Rec./Commun.Centre, School
Cross street
George St/Aylmer St

History of this address

4 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 4 grocery stores, 54 cafés and restaurants, 12 parks, 5 pharmacies. Nearest grocery: FreshCo (450 m). Nearest park: Union Street Park (200 m).

Schools nearby

Elementary

  • Immaculate Conception Catholic Elementary School Catholic
    EQAO: Gr 6 reading 89%, math 39%    18 min walk
  • Queen Elizabeth Public School
    EQAO: Gr 6 reading 100%, math 72%    1.2 km
  • St. Anne Catholic Elementary School Catholic
    EQAO: Gr 6 reading 89%, math 57%    1.2 km
  • Armour Heights Public School1.4 km

Secondary

  • Peterborough Alternative and Continuing Education3 min walk
  • Adam Scott Collegiate and Vocational Institute
    EQAO: Gr 9 math 53%, literacy test 85%    1.8 km
  • St. Peter Catholic Secondary School Catholic
    EQAO: Gr 9 math 61%, literacy test 83%    1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K9H

Owners / renters
53% / 47%
Median household income
$64,000
Average age
44
Children under 15
13%
Homes
53% detached, 3% high-rise
Commute by transit
5%
Population
29,704

Languages spoken most at home besides English: Arabic 0.4%, Hindi 0.2%, Mandarin 0.2%, Korean 0.2%.

Safety

Crime Severity Index for Peterborough police: 68 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX HALLMARK EASTERN REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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