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612 Romaine Street in Peterborough for sale

Asking price
$639,900
Estimate (Jun 05)
$648,084
MLS #:
X13246280
Type:
Detached, 2-Storey
Approx. SQFT:
3500-5000
Basement:
Full, Finished
7+3 7+3
2 68 x 83.88 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Exp N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sld Apr 22, 2020 $555,000
0000-00-00 $00000 Exp N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
**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.

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  • Date Listed: Friday, June 05, 2026
  • Listing Brokerage: Exp Realty - Disclaimer: The information contained in this listing has not been verified by Exp Realty and should be verified by the buyer.
  • City: Peterborough

    More 7 bedrooms homes for sale in Peterborough

  • Neighbourhood: Otonabee Ward 1
  • Major Intersection: Romaine St & Monaghan Rd
  • Full Address: 612 Romaine Street, Peterborough, K9J 2E4, Canada, ON, Canada
  • Living Room: Window
  • Kitchen: Centre Island, Family Size Kitchen, Window
  • Living Room: 4 Pc Bath, Open Stairs, Window
  • Amenities:
  • Taxes: $6,775.81 (2025)
Living29 x 11 ft319 sq ft
Dining13 x 9 ft117 sq ft
Kitchen23 x 19 ft437 sq ft
Br23 x 12 ft276 sq ft
Br24 x 12 ft288 sq ft
Br13 x 12 ft156 sq ft
Br12 x 12 ft144 sq ft
Br18 x 9 ft162 sq ft
Sitting11 x 7 ft77 sq ft
Living18 x 13 ft234 sq ft
Br11 x 9 ft99 sq ft
Br16 x 11 ft176 sq ft
Br10 x 14 ft140 sq ft
Br12 x 9 ft108 sq ft
Br16 x 11 ft176 sq ft
Rec21 x 16 ft336 sq ft

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