649 Charlotte Street Peterborough, Ontario K9J 2X2
$519,900
Introducing 649 Charlotte St, Peterborough - an exceptional fully tenanted triplex ideally located close to downtown, the hospital, and all of Peterborough's key amenities. This property combines modern updates, solid income, and investment versatility. The main 3-bedroom unit (approx. 1,200 sq. ft.) has been renovated top-to-bottom and is currently rented for $2,100/month plus hydro. It features its own forced-air gas furnace and separate hydro meter, ensuring efficient operation. The two bachelor apartments are fully leased at $863/month and $850/month (both inclusive), sharing a secondary gas furnace and also separately metered for hydro. With an annual gross income of $45,756 and estimated annual expenses of $14,223 (including taxes, utilities, and insurance), the property generates a strong net operating income of approximately $31,500. Parking is available at both the front and rear, providing convenience for tenants. This well-maintained, income-producing triplex offers an excellent opportunity to acquire a turnkey investment in a prime Peterborough location. (id:50886)
Property Details
| MLS® Number | X12495148 |
| Property Type | Multi-family |
| Community Name | Town Ward 3 |
| Parking Space Total | 6 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Basement Type | Full |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 0 - 699 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Frontage | 40 Ft |
| Size Irregular | 40 Ft |
| Size Total Text | 40 Ft|under 1/2 Acre |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 2.74 m | 3.35 m | 2.74 m x 3.35 m |
| Second Level | Bedroom 2 | 3.66 m | 2.74 m | 3.66 m x 2.74 m |
| Second Level | Bedroom 3 | 2.74 m | 2.44 m | 2.74 m x 2.44 m |
| Main Level | Kitchen | 4.27 m | 7.01 m | 4.27 m x 7.01 m |
| Main Level | Living Room | 2.74 m | 7.01 m | 2.74 m x 7.01 m |
Contact Us
Contact us for more information
Isaac Breadner
Salesperson
273 Kent St.w Unit B
Lindsay, Ontario K9V 2Z8
(705) 324-2552
(705) 324-2378
www.affinitygrouppinnacle.ca
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October 31 2025 02:22:31
Central Lakes Association of REALTORS®
Affinity Group Pinnacle Realty Ltd.