About this property

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 & recent roof updates. 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.

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X12057439
Status	Sold
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	2,000 sq ft
Beds / Baths	6 bed · 3 bath
Neighbourhood	Town Ward 3
City	Peterborough
Postal Code	K9J 2W5
Province	ON
Listed Date	April 2, 2025
Brokerage	RE/MAX HALLMARK EASTERN REALTY