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Investment signal

$839,000

722 CHEMONG ROAD

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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

Pictures have been digitally enhanced to remove tenant's personal belongings to protect their privacy. This well-kept, purpose-built triplex in Peterborough's north end features two spacious 2-bedroom units and one 1-bedroom unit, each with practical layouts designed to attract and retain quality tenants. The building generates immediate, reliable income. Amenities include on-site coin laundry and ample parking, adding convenience for tenants. Ideally located close to shopping, transit routes, schools, and everyday essentials, this property benefits from steady rental demand and long-term income potential. (id:65958)

Subtype: Multi-family
Structure: Triplex
Community: Northcrest Ward 5
Lot dimensions: 50 x 125 FT
Bedrooms: 4 above grade, 1 below grade
Parking: 5 total
Stories: 2
On market: Feb 27, 2026
Status changed: Apr 26, 2026
Annual tax: $5,148 (2025)
Zoning: R2, R3
Photos: 21
MLS#: X12828300
Area: PETERBOROUGH_(NORTHCREST_WARD_5)

Features and systems

Parking

No Garage

Basement

FinishedFullApartment in basementWalk-upN/AN/AN/A

Appliances

Water meterWater Heater

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Flooring

TileHardwoodLaminateCarpetedVinyl

Foundation

Block

Lot

Level

Utilities

SewerElectricityCable

Negative cash flow ~$924/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

-6.61%

Cap rate

3.54%

GRM

16.6

Break-even rent

$5,173

Financing

Down payment$167,800

Loan amount$671,200

Mortgage$3,401/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$385

Insurance$80

Maintenance$699

CapEx reserve$350

Vacancy loss$210

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 $3,401/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 26, 2026.