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Investor alert! 519 Sherbrooke Street offers a rare combination of stable income, development potential, and future value-add all in a central Peterborough location. This 3-bedroom, 2-bath detached home is currently tenanted at $2,000/month, with a tenant who would like to stay.The property includes ample utility and storage space, and a separate garage building that is being repaired through insurance. Set on a deep, oversized lot, the backyard may qualify for an Additional Residential Unit (ARU) offering potential for increased rental income or multi-unit development (buyer to verify with the City).This property is being sold in as-is condition, making it a straightforward acquisition for savvy investors looking to expand their portfolio or capitalize on Peterboroughs growing rental market.Located close to transit, schools, and amenities, 519 Sherbrooke offers strong fundamentals and exciting potential for the right buyer.
City: Peterborough Central
Neighborhood: 3 South
Purchase Price | $424900 |
Down Payment | $84980 |
Mortgage Insurance | $0 |
Total Mortgage | $339920 |
Mortgage Payment | $2095 |
Property Taxes | $270 |
Maintenance Fees | $0 |
Monthly Payment | $2365 |
Sold Comparables homes near Sherbrooke St, Peterborough Central
Located at 519 Sherbrooke St , this Peterborough Central house is available for sale. This property was listed for $424,900 on Mon Jul 14 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 3 parking spots. 519 Sherbrooke St, Peterborough Central is situated in the 3 South neighbourhood.
MLS#: X12283487 · $424,900 · 3 bedroom house in 3 South, Peterborough Central