612 Romaine Street, Peterborough, ON K9J 2E4
- Detached
- 68 × 83.88 ft lot
- 6 parking
- Built-in garage
- Finished basement
- Keith Wightman Public School catchment
Assigned school
59% EQAO
Keith Wightman Public School
Childcare
6 centres
0.7 km closest
Property Information
School Catchments
Specialized program boundaries (4)
This address also falls inside these program boundaries. Placement in a specialized or French-language program is by school board application and eligibility — not by address.
School boundaries and eligibility may change. Confirm school eligibility directly with the school board.
All Peterborough school catchments →Monthly Cost
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.
Listing History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Location
Licensed Childcare Nearby
6 licensed centres nearby · closest 743 m
Area Checks
66 m from a rail corridor
Visit at train times to judge noise and vibration for yourself.
Source: Ontario Railway Network (ORWN) · as of Sep 2026
Also checked, nothing flagged at this location: provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, hydro transmission corridors.
Not openly mapped for this area (ask the local conservation authority): flood hazard mapping, conservation-regulated areas.
Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.
About This Community
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Data sources & legal disclosures
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