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173 Rubidge St 4 Unit Apartment Building $567,875 USD ($141,969 USD/Unit) Peterborough, ON K9J 3N6
Investment Highlights
- Fourplex with attractive townhome-style layout in a prime central location.
- Recent upgrades include a new roof (2023) and parking for up to six vehicles.
- Separate hydro meters with tenants responsible for all utilities, ensuring cost efficiency.
Executive Summary
Exceptional opportunity to acquire a fourplex featuring a sought-after townhome-style design, perfect for investors or multi-generational living arrangements. Ideally positioned in a central location, this property offers easy access to public transit, shopping, and essential amenities within walking distance.
Each unit is separately metered for hydro, with tenants covering their own utility costs, ensuring simplified management. Units 175 and 177 were fully renovated in 2024/2025, showcasing modern finishes and move-in-ready condition. Heating consists of individual gas furnaces for three units, while Unit 177 is equipped with an electric furnace and electric baseboards, providing flexibility and efficiency.
Additional value comes from on-site parking for up to six vehicles and a brand-new roof completed in 2023, reducing near-term maintenance costs. This well-maintained property presents a strong income opportunity in a high-demand rental market.
Each unit is separately metered for hydro, with tenants covering their own utility costs, ensuring simplified management. Units 175 and 177 were fully renovated in 2024/2025, showcasing modern finishes and move-in-ready condition. Heating consists of individual gas furnaces for three units, while Unit 177 is equipped with an electric furnace and electric baseboards, providing flexibility and efficiency.
Additional value comes from on-site parking for up to six vehicles and a brand-new roof completed in 2023, reducing near-term maintenance costs. This well-maintained property presents a strong income opportunity in a high-demand rental market.
Property Facts Under Contract
| Price | $567,875 USD | Building Class | C |
| Price Per Unit | $141,969 USD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 5,000 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2024 |
| Apartment Style | Low-Rise | ||
| Zoning | R4 | ||
| Price | $567,875 USD |
| Price Per Unit | $141,969 USD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2024 |
| Zoning | R4 |
Amenities
- Smoke Detector
Unit Amenities
- Heating
- Vinyl Flooring
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Very walkable
80/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
RE/MAX Eastern Realty Inc
173 Rubidge St
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