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1780, Albion Road, Etobicoke
Ontario M9V 1C1
Mobile: 647 203 7428
info@harjivirk.com
$519,900
Bedrooms
5 Bed
Bathrooms
3
Kitchens
3
649 Charlotte Street, Peterborough, ON K9J 2X2
Peterborough, ON K9J 2X2
Property Sub Type
Triplex
Property Type
Residential Freehold
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.
