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Investment signal

$488,000

185-187 BETHUNE STREET

Beds

Baths

Sqft

—

Year

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Location

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About this home

Self Contained Purpose Built Four Plex. Two-1 Bedroom units on main level with access to basement. Two-2 Bedroom units on second level. 4 Separate Hydro Meter, 4 Separate Water Meter, 4 Hot Water Tank (owned). Brick structure with vinyl siding covering. Plenty of Parking. Fully Tenanted with annual gross income of $60,348. Close to amenities, minutes walk distance to transit, grocery store, restaurants, waterfront, Trans Canada Trail and parks. Approx. 7 minutes drive to the Regional Hospital. Recent area improvements by City include road, sidewalk and landscaping. Peterborough is the largest City in the Kawartha Region and serves as its major hub for business, education (Peterborough University), culture, healthcare. Within access to many lakes and water systems serving Kawartha. (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: Town Ward 3
Lot dimensions: 72 x 116.6 FT
Bedrooms: 6 above grade
Parking: 5 total
Stories: 2
On market: Mar 21, 2026
Status changed: Apr 13, 2026
Annual tax: $5,187.66
Photos: 3
MLS#: X12906884
Area: PETERBOROUGH_(TOWN_WARD_3)

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

RefrigeratorStoveWater Heater

Heating

Baseboard heatersElectric

Cooling

None

Exterior

BrickVinyl siding

Foundation

Block

Negative cash flow ~$174/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-2.14%

Cap rate

5.46%

GRM

12.3

Break-even rent

$3,483

Financing

Down payment$97,600

Loan amount$390,400

Mortgage$2,395/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$224

Insurance$80

Maintenance$407

CapEx reserve$203

Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Peterborough (Town Ward 3). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,395/mo at 5.49% with 20% down, 25-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 13, 2026.