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For saleMLS® X14123942

220 LONDON Street, Peterborough, ON K9H 2Y9

Town Ward 3 · K9H 2Y9

$359,900

$180 / sq ft

1 weeks on market

Bedrooms
3
Bathrooms
2
Interior
2,000 sf
Parking
5
Lot
26 × 116 ft
Age
100+ years

What's special

  • Detached garage
  • None,window unit(s)
  • Finished basement
  • Fireplace
  • Accessory apartment
  • In-law capability
  • Storage
  • Water heater

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About this property

LEGAL DUPLEX | CENTRAL LOCATION | INVESTMENT OPPORTUNITY. Welcome to this centrally located legal duplex, perfectly positioned within the city and offering easy access to amenities, schools, shopping, dining and transit. Located on a transit route popular with students, this property presents an excellent opportunity for investors or those looking to offset their mortgage with rental income. The main level features a spacious kitchen, multiple living spaces, family room, dining room and plenty of storage. The second level offers two bedrooms and a full 4pc bath, along with a separate legal apartment complete with its own kitchen, living room, bedroom & full 4-piece bathroom. The finished loft provides additional flexible space and awaits your personal touch - use it as a studio, home office, hobby space or a quiet place to relax. The lower level is unfinished but offers an abundance of dry storage space along with laundry facilities. Outside, there is ample parking for several vehicles and a versatile deck system that provides options for the future. The existing deck could accommodate an above-ground pool, or it could be removed to create additional parking or green space. Updates include shingles (2016) and furnace (2022). Whether you're looking to expand your investment portfolio or take advantage of a property with multiple living spaces and future potential, this legal duplex is worth a look!

Rooms

13 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain3.66 × 4.21 m12.0 × 13.8 ft—
Dining RoomMain4.67 × 2.41 m15.3 × 7.9 ft—
Living RoomMain2.38 × 4.22 m7.8 × 13.8 ft—
Living RoomMain3.59 × 4.16 m11.8 × 13.6 ft—
Family RoomMain3.89 × 4.21 m12.8 × 13.8 ft—
BathroomMain1.42 × 2.03 m4.7 × 6.7 ft4 Pc Bath
Primary BedroomSecond3.07 × 2.82 m10.1 × 9.3 ft—
Bedroom 2Second3.02 × 2.83 m9.9 × 9.3 ft—
KitchenSecond2.64 × 1.76 m8.7 × 5.8 ft—
Living RoomSecond3.18 × 3.39 m10.4 × 11.1 ft—
Dining RoomSecond2.79 × 3.40 m9.2 × 11.2 ft—
Bedroom 3Second3.57 × 3.27 m11.7 × 10.7 ft—
BathroomSecond2.58 × 1.59 m8.5 × 5.2 ft—

Features

  • Accessory Apartment
  • In-Law Capability
  • Storage
  • Water Heater

Property details

Property

Property type
multiplex
Bedrooms
3
Bathrooms
2
Interior size
2,000 sq ft
Year built
100+
Lot size
26 × 116 ft
Zoning
R2
Possession
Flexible

Interior

Basement
Partial Basement, Unfinished
Heating
Forced Air · Gas
Cooling
None,Window Unit(s)
Fireplaces
1
Exposure
North

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
5
Sewer
Sewer

Costs

List price
$359,900
Property taxes
$5,158 / year (2026)
Price per sq ft
$180
Rental items
HWT

Listing

MLS® number
X14123942
Status
For sale
Listed
October 28, 2026
Days on market
8
Last updated
October 28, 2026
Listing brokerage
Flat Rate Realty Corp.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 0% of comparable multiplex listings in Town Ward 3 are asking less.

$450KMedian $625K$800K
This home
$180 / sq ft
Comparable median
$283 / sq ft

Based on 21 comparable active multiplex listings in Town Ward 3. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $17,995
$17,995
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,890.45
Property tax (est.)
$429.81
Estimated monthly
$2,320

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$3,874
Total due on closing
$3,874

An estimate on the asking price of $359,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Flat Rate Realty Corp.. 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.

$359,900

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