632 Union Street, Peterborough
Excellent opportunity for investors or multi generational living. This well maintained duplex offers two fully self contained 2bedroom units in Peterborough's desirable North Central neighborhood steps to downtown amenities, transit, schools, Trent University, Fleming College, shopping, and parks. Unit A (Upper):2 bedrooms, 1 bathroom, kitchen, large foyer, and basement laundry. Unit B (Main):2bedrooms, 2 bathrooms, an oversized kitchen/living/dining/family area, plus in unit laundry. This turnkey duplex features a new roof (2025), private entrances, and separate hydro meters, making it an ideal fit for investors or multi generational families seeking rental support. Both units are occupied by cooperative, reliable tenants willing to stay on with the new owner, providing immediate, stable cash flow with projected rents of approximately $3,450/month. Outside, the property includes a detached double car garage. perfect for storage, a workshop, or additional rental income plus a large driveway accommodating 4+ vehicles. Located on a quiet, low traffic street beside a park, the home offers a peaceful setting while remaining close to everything that drives strong rental demand. This combination of location, condition, and income potential makes 632 Union St a standout opportunity in a high demand rental corridor. Whether you're expanding your portfolio, securing a reliable income property, or seeking a flexible multi unit home, this duplex delivers stability, versatility, and long term value. With major updates completed and income ready to go, this is a clean, low maintenance investment you won't want to miss. (id:1945)
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Property details for 632 Union Street, Peterborough
- Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Lot Size
- 50.4 x 73.3 FT
- Stories
- 2
- Basement
- Unfinished, Crawl space
- Parking
- Detached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- None
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $3,874
Nearby Listings Stat
Estimated price and comparable properties near 632 Union Street
Active Listings
13
Min Price
$438,888
Max Price
$1,495,900
Avg Price
$659,691
Days on Market
48
days
Sold Listings
3
Min Sold Price
$649,000
Max Sold Price
$734,900
Avg Sold Price
$694,600
Days until Sold
42
days
Neighbourhood Census Data
Peterborough, Ontario
Population
440
Median Age
33
Median Income
$17,984
Dwelling Value
$219,606
Housing Tenure
Owners 19%
Renters 81%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 3,932.1/km²
Avg Shelter Cost: $947/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 71.1%
English only: 89.7%
English and French: 10.3%
Median Household Income: $32,704
Median Employment Income: $15,520
Price History
Listed
July 30, 2026
by HOMELIFE/MIRACLE REALTY LTD
Current Price
$438,888
Type
Residential
For Sale