266 Romaine Street
Town Ward 3, Peterborough, K9J 2C5
$2,990,000
Listed 14 days ago · MLS® X13866910
About this home
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.
Details
- Type
- Investment
- Age
- 31-50 years
- Lot
- 66 × 233.58 ft
- Garage
- None
- Property tax
- $48,202 (2026)
- Neighbourhood
- Town Ward 3
- Municipality
- Peterborough
Heating, cooling and services
- Heating
- Baseboard
- Water and sewer
- Sanitary+Storm
- Utilities
- Yes
Building and exterior
- Age
- 31-50 years
- Building area
- 15,000 Square Feet
More
- Possession
- Flexible
- Cross street
- Park St and Aylmer St
- Business type
- Apts - 13 To 20 Units
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 19 cafés and restaurants, 7 parks, 2 pharmacies. Nearest park: King Edward Park (250 m).
Schools nearby
Elementary
- The Children’s Montessori & Preparatory School Private4 min walk
- St. John Catholic Elementary School Catholic
EQAO: Gr 6 reading 57%, math 29%12 min walk - Prince of Wales Public School
EQAO: Gr 6 reading 83%, math 33%1.2 km - Keith Wightman Public School
EQAO: Gr 6 reading 89%, math 37%1.5 km
Secondary
- Kenner Collegiate and Vocational Institute
EQAO: Gr 9 math 19%, literacy test 68%1.6 km - Peterborough Alternative and Continuing Education2.0 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 K9J
- Owners / renters
- 62% / 38%
- Median household income
- $72,500
- Average age
- 44
- Children under 15
- 15%
- Homes
- 62% detached, 10% high-rise
- Commute by transit
- 2%
- Population
- 44,547
Languages spoken most at home besides English: Arabic 0.4%, Spanish 0.2%, Gujarati 0.2%, Hindi 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 Century 21 United Realty Inc..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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