Welcome to 544 Charlotte Street, a high-yield income duplex in central Peterborough. This all brick 2-1/2 storey home features a full basement & two separate garages, generating $50,760 in annual rental income with additional potential from the detached garage. The property includes two fully independent rental units, each with a separate hydro meter & two full kitchens. The main level tenant occupies a spacious five bedroom unit featuring a bright living & dining area with large south facing windows, a gas fireplace & a well equipped kitchen. This unit also has a laundry room in the basement with a three year old dryer & large laundry tubs. The upper level tenant occupies a bright one bedroom apartment with a functional kitchen, a small storage space, a large living area filled with natural light & south-facing windows that offer an excellent view. The home also features a large covered wrap around porch with two interior access doors, providing additional outdoor space for tenants. The property includes an attached garage, currently rented and a detached garage that presents an additional income opportunity. A mostly fenced in patio area adds privacy & outdoor enjoyment. Recent upgrades include most windows replaced in the last three years, a recently replaced garage door & roof updates in 2016 and 2018. The furnace was replaced in 2011. Centrally located with easy access to transit, restaurants & shopping, this fully rented property offers strong cash flow & long term investment potential. Contact us today for more details or to schedule a viewing. |
Price | $675,000 |
Taxes: | $5220.00 |
Address: | 544 Charlotte St , Peterborough Central, K9J 2W5, Ontario |
Lot Size: | 50.00 x 97.00 (Feet) |
Directions/Cross Streets: | Burrows Street |
Rooms: | 8 |
Rooms +: | 4 |
Bedrooms: | 4 |
Bedrooms +: | 1 |
Kitchens: | 1 |
Kitchens +: | 1 |
Family Room: | Y |
Basement: | Full, Sep Entrance |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Living | 14.83 | 16.01 | Fireplace |
Room 2 | Main | Dining | 12.33 | 11.58 | |
Room 3 | Main | Kitchen | 9.84 | 22.17 | Breakfast Area |
Room 4 | Main | Prim Bdrm | 13.84 | 16.24 | |
Room 5 | Main | Bathroom | 2.16 | 3.15 | 2 Pc Bath |
Room 6 | 2nd | Br | 10.59 | 16.01 | |
Room 7 | 2nd | Br | 9.91 | 12.6 | |
Room 8 | 2nd | Br | 9.91 | 12.07 | |
Room 9 | 2nd | Br | 10 | 8.33 | |
Room 10 | 2nd | Bathroom | 7.74 | 8.82 | 4 Pc Bath |
Room 11 | 3rd | Living | 20.73 | 6 | |
Room 12 | 3rd | Dining | 12 | 8.59 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 4 | 2nd |
Property Type: | Duplex |
Style: | 2 1/2 Storey |
Exterior: | Brick |
Garage Type: | Attached |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 2 |
Pool: | None |
Property Features: | Hospital, Level, Public Transit, Rec Centre, School, School Bus Route |
Fireplace/Stove: | Y |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Lower |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Cable: | A |
Utilities-Hydro: | Y |
Utilities-Gas: | Y |
Utilities-Telephone: | A |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK EASTERN REALTY |
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Type: | Freehold - Duplex |
Area: | Peterborough |
Municipality: | Peterborough Central |
Neighbourhood: | 3 Old West End |
Style: | 2 1/2 Storey |
Lot Size: | 50.00 x 97.00(Feet) |
Approximate Age: | |
Tax: | $5,220 |
Maintenance Fee: | $0 |
Beds: | 4+1 |
Baths: | 2 |
Garage: | 0 |
Fireplace: | Y |
Air Conditioning: | |
Pool: | None |