New
41
NewOpen Sun 12:00 p.m.
44
$775,000
535 Fortye Drive, Peterborough, ON K9K 2H2
Otonabee Ward 1
4 bd
4 ba
2,500 sf
8
4 days on marketMLS® X13760062
Listing courtesy of Royal LePage Frank Real Estate
Otonabee Ward 1 · K9J 2X7
$695,000
$463 / sq ft1 weeks on market
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Updated in 2024, this purpose-built multi-bedroom investment property delivers exceptional cashflow with truly hands-off ownership. Featuring 10 bedrooms, 3 bathrooms, and three cookingstations (one full kitchen plus two kitchenettes), the layout is purpose-designed for flexible room-by-room leasing-maximizing rental efficiency and income potential. Positioned directly across from the Trent-Severn Waterway at Lock 19, the property enjoys tranquil water views in asafe, family-friendly neighbourhood within one of Peterborough's strongest rental corridors.Proximity to transit, Lansdowne Street amenities, Fleming College, Trent University, and Seneca Aviation ensures consistent demand from students and working professionals alike. The property offers (3) three surface parking spaces with abundant visitor parking conveniently located across the street. Professionally managed, currently generating $5,900/month with 8 of 10 bedrooms rented (with the potential for an additional $7,000/month), this is a rare turnkey opportunity for investors seeking predictable cash flow, long-term appreciation, and scalable growth. 2025 Operating Costs: Property Taxes: $5,220, Insurance: $4,310, Utilities: $5,868.Vacant possession can be arranged if desired.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 72% of comparable detached listings in Otonabee Ward 1 are asking less.
Based on 46 comparable active detached listings in Otonabee Ward 1. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $695,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX HALLMARK EASTERN REALTY
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Listing courtesy of Royal LePage Frank Real Estate
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Listing courtesy of RE/MAX HALLMARK EASTERN REALTY
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Listing courtesy of HOUSESIGMA INC.
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Listing courtesy of RE/MAX HALLMARK EASTERN REALTY
