220 LONDON Street, Peterborough

$399,900
220 LONDON Street

$399,900

New
16d
Duplex2 1/2 Storey

220 LONDON Street, Peterborough

Total Monthly Obligation $2,418

Beds
3
Baths
2
Park
4
Sqft
2000-2500
DOM
16d
Score
31
Yield
8.3%
Cash on Cash
8.2%
Cap Rate
6.3%
5Y IRR
22.2%
10Y IRR
20.1%
Property Type-Duplex
MLS® Number-X13870446
Beds-3
Bathrooms-2
Size-2000-2500 sqft
Lot Size-26 × 116 ft
Listed on site-Oct 7, 2026
Style-2 1/2 Storey
Building Type-Duplex
Age-100+
Taxes-$5,157.66 (2026)
Parking-5 - Detached
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-Flat Rate Realty Corp.
Cooling-None, Window Unit(s)
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Town Ward 3
Title-Residential Freehold

No agent assigned

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!

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%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,418/mo
Mortgage $1,613
Monthly Loss $1,993
Principal$424
Interest$1,189
Property Tax$430
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
0.8%9
5-Year IRR
16.5%79
10-Year IRR
15.9%
Returns Index
43.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,000/yr
NOI
$20,042/yr
Net Cash Flow
$57/mo
Cash Margin
2.1%7
Cash Flow Index
7.0/ 100
Risk Profile
Weight: 20%
DSCR
1.0430
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
38.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 220 LONDON Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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