Peterborough Central, ON K9J 2W5,544 Charlotte ST
Peterborough Central, ON K9J 2W5,544 Charlotte ST
Peterborough Central, ON K9J 2W5,544 Charlotte ST
48
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$649,000
Est. payment /mo
5 Beds
3 Baths
New

544 Charlotte ST Peterborough Central, ON K9J 2W5

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision 3 Old West End

MLS Listing ID X12057439

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $5,220

Tax Year 2024

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Peterborough

Community 3 Old West End

Area Peterborough

Rooms

Family Room Yes

Basement Full, Separate Entrance

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Deck, Privacy, Patio

Parking Features Private

Garage Spaces 2.0

Pool None

View City, Clear

Roof Type Asphalt Shingle

Topography Dry,Level

Lot Frontage 50.0

Lot Depth 97.0

Total Parking Spaces 4

Building

Unit Features Hospital,Level,Public Transit,Rec./Commun.Centre,School,School Bus Route

Foundation Concrete

Others

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Listed by RE/MAX HALLMARK EASTERN REALTY

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agent

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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544 Charlotte ST