back of house featuring a fenced backyard Features: lawn, porch, fence

More Photos More Photos

view of front of home featuring driveway, a shingled roof, an attached garage, and a gate Features: lawn, built in garage, gate, fence, porch

living room with dark wood-type flooring and a ceiling fan Features: hardwood floor, tv, wall mounted ac, ceiling fan, natural light

living area featuring a textured ceiling, wood finished floors, and a ceiling fan Features: hardwood floor, textured ceiling, vent, natural light, ceiling fan

living room with a textured ceiling and wood finished floors Features: wall mounted ac, textured ceiling, hardwood floor, natural light

kitchen with white cabinetry, backsplash, electric stove, black dishwasher, and a drop ceiling Features: microwave, backsplash, hardwood floor, natural light, visible hinge cabinets, white cabinets, range oven, dishwasher, stone tile countertops, range hood, sink, drop ceiling, glass insert cabinets

kitchen with black dishwasher, backsplash, dark wood finished floors, white cabinetry, and white range oven Features: hardwood floor, sink, natural light, backsplash, visible hinge cabinets, tile countertops, dishwasher, white cabinets, range oven

kitchen with a kitchen island, white cabinetry, white appliances, decorative backsplash, and dark wood finished floors Features: refrigerator, visible hinge cabinets, kitchen island, hardwood floor, oven, backsplash, range oven, range hood, white cabinets, drop ceiling, natural light, stone countertops

laundry room with washer / dryer, cabinet space, and dark wood finished floors Features: sink, laundry, hardwood floor, washer dryer

rec room with billiards table Features: billiards

kitchen with white cabinetry, freestanding refrigerator, dark wood-style floors, and crown molding Features: refrigerator, vent, butcher block countertops, white cabinets, crown molding, shaker cabinets, hardwood floor, opens to living area

interior space featuring dark wood-type flooring and baseboards Features: natural light, refrigerator, hardwood floor

unfurnished room featuring dark wood finished floors and healthy amount of natural light Features: natural light, wall mounted ac, hardwood floor

empty room featuring ornamental molding and dark wood finished floors Features: natural light, crown molding, hardwood floor

spare room featuring baseboards Features: natural light

unfurnished bedroom featuring wood finished floors and a closet Features: natural light, closet, vent, hardwood floor

bathroom featuring tile walls and vanity Features: sink, combined bath shower, mirror, vanity, tile floor, natural light, vent, tile wall, toilet

full bath with tile walls, vanity, walk in shower, and dark tile patterned flooring Features: toilet, tile floor, tile wall, vanity, shower

full bathroom with a tile shower Features: tile floor, vent, shower

unfurnished bedroom with dark wood-style flooring, ceiling fan, and a closet Features: natural light, ceiling fan, hardwood floor, closet

unfurnished bedroom featuring dark wood-style floors and ceiling fan Features: ceiling fan, vaulted ceiling, hardwood floor, natural light

unfurnished living room featuring a barn door, dark wood finished floors, and a ceiling fan Features: wall mounted ac, beamed ceiling, hardwood floor, ceiling fan, smoke carbon monoxide detector, barn door

unfurnished bedroom featuring a barn door, a textured ceiling, and dark wood-style floors Features: barn door, hardwood floor, textured ceiling

full bathroom with double vanity, dark tile patterned floors, and decorative backsplash Features: vanity, tile wall, sink, backsplash, tile floor, vent, natural light

bathroom featuring a shower stall Features: shower

bonus room with wood finished floors and lofted ceiling Features: hardwood floor, vent, vaulted ceiling, natural light

unfurnished bedroom with dark wood-type flooring and a closet Features: hardwood floor, closet

below grade area featuring dark wood-type flooring Features: natural light, hardwood floor, textured ceiling

below grade area featuring wood finished floors and healthy amount of natural light Features: hardwood floor, natural light

basement with light wood-style flooring Features: hardwood floor, natural light

finished basement with hardwood / wood-style flooring Features: hardwood floor, vent

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For Sale - 612 Romaine Street, Peterborough, Ontario

612 Romaine Street

Peterborough , Ontario

10 5 $639,900

Est payment $3,073/mo

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Time on Jump 119 day

AI Summary *

Spacious property with over 4,500 sq ft of finished living space.
Offers 10 bedrooms, perfect for large families or rental opportunities.
Double car garage provides potential rental income and in-law suite.
Expansive family kitchen ideal for gatherings and entertaining.
Conveniently located near transit and amenities for easy access.

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Purchase Price

Term

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Down Payment:
$ 31,995 ( 5% )

First Time Buyer:
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New Build:
Yes No

**licensed student rental investment - 10 bedrooms + garage income** excellent investment opportunity at 612 romaine street. This established peterborough student rental features ** 10 rentable bedrooms, 5 bathrooms, additional garage income and a city of peterborough rental dwelling large licence currently in place. **current rental income is **$6,600/month with only one bedroom vacant**. Leasing the vacant room at the anticipated $800/month would increase potential income to approximately **$7,400/month or $88,800 annually**, based on the existing rent structure. **investment highlights: *10 rentable bedrooms, *5 bathrooms, *garage rental income, *$6,600/month current income, *only 1 bedroom currently vacant, *$7,400/month potential at full occupancy, *$88,800 potential annual gross income, *city of peterborough rental licence, *professional property management in place, *current student-rental insurance quote available, *multiple parking spaces. At **$659,900**, this property offers an attractive opportunity for investors seeking established student housing or an addition to an existing rental portfolio. An established income-producing property with **10 bedroom revenue streams, additional garage income and immediate upside from filling the single vacancy. **all income, expenses, licensing and investment information should be independently verified by the purchaser.

Listing IDX13246280

Address612 Romaine Street

CityPeterborough, Ontario

Price$639,900

Bed / Bath10 / 5 Full

Style2-Storey, Detached

ConstructionVinyl Siding

Land Size0.17

TypeResidential

StatusFor Sale

Extras

Subtype DetachedIndoor Features In-Law Capability, Water HeaterOutdoor Features PorchOwnership FreeholdBasement Full, FinishedFoundation Poured ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

Market Info

Parking 6.00

Listing Brokerage: EXP REALTY

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Listing Brokerage: EXP REALTY

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For Sale - 612 Romaine Street, Peterborough, Ontario

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