189 Park Street

Original Remarks

Well-maintained, recently renovated duplex offering flexibility and strong investment potential in Peterborough's central core. This clean, bright property features both a two bedroom and a three bedroom self contained units with separate meters, making it ideal for investors or owner-occupiers. The upper unit is occupied by a quiet, reliable tenant, while the vacant lower unit provides immediate income opportunity or the option for personal use. The home shows very well throughout, reflecting recent updates and pride of ownership. Ample parking and the rare convenience of dual access from Park Street North and Park Place enhance functionality for both tenants and owners. Centrally located with easy access to downtown amenities, transit, shopping, and services, this property offers a practical, low-maintenance addition to any portfolio with a cap rate of more than 8% or a smart entry into the multi-unit market.