For saleMLS® X13866910

266 Romaine Street, Peterborough, ON K9J 2C5

Town Ward 3, Peterborough · Near Park St and Aylmer St · View map

$2,990,000
15000Sq ft
InvestmentType
NoneParking
$48,202/yrTaxes
$2,990,000
FreeholdNo monthly condo fee
Lot 66 x 233.6 ftThe land comes with the home

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.

The home

Type
Investment
Square footage
15000 sq ft
Lot size
66 x 233.6 ft
Approximate age
31-50 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Baseboard

Garage & parking

Total parking
None

Taxes & other

Property taxes
$48,202/yr
Tax year
2026
Occupancy
Tenant
Possession
Flexible
Cross street
Park St and Aylmer St
Neighbourhood
Town Ward 3

More

MLS® number
X13866910

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$16,078per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    266 Romaine Street, Peterborough, ON K9J 2C5

    Town Ward 3, Peterborough · Near Park St and Aylmer St

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    Sold history

    Listing history for 266 Romaine Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 266 Romaine Street

    Answers come straight from this home’s MLS® listing.

    How much is 266 Romaine Street listed for, and what would it cost each month?

    266 Romaine Street is listed for $2,990,000. With 20% down ($598,000), the mortgage payment would be roughly $12,061 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $16,078 a month, all in. That figure is an illustration, not a quote.

    Is 266 Romaine Street freehold or a condo, and is there a monthly fee?

    266 Romaine Street is a investment in Town Ward 3, Peterborough. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 266 Romaine Street have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 266 Romaine Street?

    266 Romaine Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 266 Romaine Street, and what is the lot size?

    The lot is listed as 66 x 233.6 ft.

    How is 266 Romaine Street heated and cooled?

    Heating is baseboard. The listing does not show air conditioning.

    What are the property taxes for 266 Romaine Street?

    Property taxes are $48,202 a year (2026), or about $4,017 a month.

    Where is 266 Romaine Street?

    266 Romaine Street is in the Town Ward 3 community of Peterborough. The nearest main intersection is Park St and Aylmer St. The postal code is K9J 2C5.

    Is 266 Romaine Street still for sale?

    Yes. It is an active listing (MLS® X13866910). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 266 Romaine Street asking?

    Similar properties for sale nearby right now include 364 Water Street at $3,490,000, 379 George Street N at $3,499,000 and 304-306 George Street N at $2,399,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 266 Romaine Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 266 Romaine Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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