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Investment signal

$899,000

813 WATER STREET

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Beds

Baths

4 full + 1 half

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

Charming all-brick 3,552 Sq. Ft. neighbourhood landmark century home located in a desirable central area of Peterborough and sitting on a .46-acre lot. This well-maintained home is a triplex offering 3 separate units, a spacious 4-bedroom unit, and two separate 1-bedroom units. All units have private entrances, individual hydro meters and pay their own utilities. 3 fridges and 3 stoves are included. Additional highlights are private on-site parking, a 2-car garage, and updated roof. The triplex is situated on a large lot with great potential for future development or additional units. (Rent amounts - 4 Bdrm - $2,700, 813A - $1,300, 820 - $1,150). Great investment opportunity with strong income $61,800 & development potential. (id:65958)

Subtype: Multi-family
Structure: Triplex
Community: Northcrest Ward 5
Lot dimensions: 169 x 180 FT
Bedrooms: 5 above grade
Parking: 7 total
Stories: 2
Fireplace: 1
On market: Mar 31, 2026
Status changed: Apr 22, 2026
Annual tax: $7,286
Zoning: SP.223
Photos: 50
MLS#: X12940918
Area: PETERBOROUGH_(NORTHCREST_WARD_5)

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedN/A

Appliances

WasherRefrigeratorStoveDryerMicrowave

Heating

Baseboard heatersForced airNot knownNot knownElectricNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Stone

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 22, 2026.