612 Romaine Street, Peterborough
**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. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 612 Romaine Street, Peterborough
- Type
- Residential
- Bedrooms
- 10
- Bathrooms
- 5
- Lot Size
- 68 x 83.9 FT
- Stories
- 2
- Basement
- Finished, Full
- Parking
- Garage
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $6,776
Nearby Listings Stat
Estimated price and comparable properties near 612 Romaine Street
Active Listings
1
Min Price
$639,900
Max Price
$639,900
Avg Price
$639,900
Days on Market
115
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Price History
Listed
June 5, 2026
by EXP REALTY
Current Price
$639,900
-3% from last change
Type
Residential
For Sale
Price Changes
3
| Date | Price | Change |
|---|---|---|
| Current | $639,900 | $20,000 (-3%) |
| Aug 29, 2026 | $659,900 | $20,000 (-2.9%) |
| Jun 30, 2026 | $679,900 | $45,099 (-6.2%) |
| Jun 5, 2026 | $724,999 | Listed |
Contact Agent Get in touch about 612 Romaine Street, Peterborough
JAMES KENNEDY
EXP REALTY