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Investment signal

$899,000

11 ARGYLE STREET

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Peterborough (Northcrest Ward 5). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Well-maintained 4-unit all-brick apartment building in a central Peterborough location. Featuring two 2-bedroom units and two 1-bedroom units, this 4,125 Sq. Ft. property offers private on-site parking and separate hydro meters for each unit. Four fridges and four stoves included. Main floor common laundry room. Updated roof adds to the value and peace of mind. (Rent Amounts - Apt 1 - $1,625, Apt 2 - $1,250, Apt 3 - $1,625, Apt 4 - $1,300). A solid investment opportunity in a desirable area with a potential gross income of $71,700. (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: Northcrest Ward 5
Lot dimensions: 128 x 107 FT
Bedrooms: 6 above grade
Parking: 4 total
Stories: 2
On market: Mar 31, 2026
Status changed: Apr 23, 2026
Annual tax: $5,303
Zoning: SP.233
Photos: 45
MLS#: X12940430
Area: PETERBOROUGH_(NORTHCREST_WARD_5)

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersElectric

Cooling

None

Exterior

Brick

Foundation

StoneSlab

Lot

Level lotFlat siteLevel

Community

School Bus

View

City view

Utilities

SewerElectricityCable

Security

Controlled entry

Negative cash flow ~$985/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.57%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,537

Financing

Down payment$179,800

Loan amount$719,200

Mortgage$3,644/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412

Insurance$80

Maintenance$749

CapEx reserve$375

Vacancy loss$225

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,644/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.