Calling all investors! Unlock the potential of this vacant, one family-owned triplex, offering investors the opportunity to establish their own rent from day one. Each of the three units features 2 bedrooms and 1 bathroom, perfect layout for capturing your ideal tenants. One unit has already been updated, while the remaining two offer untapped potential for investors to add further value to the building. With the property being vacant, you have the flexibility to determine your own rents. Conveniently located to public transit, shopping and walking distance to City amenities. Adding further potential, R3 zoning permits up to 8 units, the lot may offer opportunities for additional units or future development, subject to zoning, City approvals and required permits. A rare opportunity to acquire a vacant triplex with three 2-bedroom units, with a mix of existing updates, opportunity to add further value potential and the flexibility to shape the property to your investment vision.
4 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $512 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 198 Aylmer St N
Every detail from the listing, in one place.
Type
Triplex
Style
Other
Living space
1500-2000 sq ftas stated on the listing
Parking
6 spaces
Basement
Finished
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0.202
Listing & possession
Property style
Other
Property class
Triplex
198 Aylmer St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14158352$767,600
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 198 Aylmer St N Compares to the Peterborough Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,771
/mo
based on the purchase price of $767,600
$153,520 cash
$614,080 financed
$517,217 total interest
Principal54%$614,080
Interest46%$517,217
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Peterborough
Other 4–7 bed homes for sale in Peterborough around $768K.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings391Homes for sale here right now.
Median vs prior 90 days+2.7%Compared with May 10 – Aug 8, 2026: prices up.
Based on 366 sales from Aug 8 – Nov 6, 2026 (337 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 198 Aylmer St N
How much is 198 Aylmer St N listed for?
198 Aylmer St N is listed at $767,600 (MLS® X14158352). Summitly updates the price as soon as the MLS® record changes.
Is $767,600 a good price for 198 Aylmer St N?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Peterborough. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 198 Aylmer St N changed?
No — 198 Aylmer St N is still listed at its original asking price of $767,600.
How many bedrooms and bathrooms does 198 Aylmer St N have?
198 Aylmer St N has 4 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a triplex in Peterborough.
How much would the monthly mortgage be on 198 Aylmer St N?
About $3,771 a month — principal and interest on $767,600 with 20% down ($153,520), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 198 Aylmer St N compare with other homes in Peterborough?
Its asking price of $767,600 is about 36% above the median sold price in Peterborough over the last 90 days, $565,000, across 366 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 198 Aylmer St N been sold before?
Summitly has no earlier MLS® sale or lease of 198 Aylmer St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 198 Aylmer St N?
198 Aylmer St N is in Peterborough, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 198 Aylmer St N been on the market?
198 Aylmer St N was listed today (November 6, 2026).
What is the price per square foot of 198 Aylmer St N?
About $384 to $512 per square foot: the asking price of $767,600 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 198 Aylmer St N have parking or a garage?
Yes — the listing gives 6 parking spaces.
Does 198 Aylmer St N have a basement, and is it finished?
