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Listed price in listed location currency (CAD).
$639,900

1054

MLS® X13246280

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Built-In
Taxes $6,776
Days Active 102
Lot Size 0.17
Approx. Age 
MLS® Number X13246280

Property Address: 612 Romaine St, Peterborough, ON, K9J2E4

Average square foot calculated using Size range provided by listing agent.

Description

**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.
MLS® NumberX13246280
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageBuilt-In
Approx. Age
BasementFull, Finished
DrivewayGarage Type:Built-In
Garage Spaces
HeatElectric, Baseboard
A/CNone

Extras

Rooms

Living Room:Main Floor3.5 × 8.91 ft

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $639,900

For Sale · 101 days

$639,900

MLS® X13246280

3 months ago

Not Sold Yet

June 2026, For Sale for $639,900

For Sale · 101 days

$639,900

MLS® X13246280

3 months ago

Not Sold Yet

April 2026, Expired for $724,999

Expired · 150 days

$724,999

MLS® X12551104

5 months ago

Canceled on Apr 17, 2026

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