612 Romaine Street, Peterborough, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $659,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 10 Bedrooms and 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 68 x 83.88 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: In-Law Capability, Water Heater
- Efficient baseboard heating via electric
Description
Discover A Rare Gem At 612 Romaine St. A Standout Investment Property Offering Over 4,500 Sq Ft Of Finished Space. This Versatile Home Features A Total Of 10 Bedrooms: 8 In The Main Area And An Additional 2-Bedroom Unit Above The Double Car Garage With In-Law Suite Potential. The Double Car Garage Can Be Rented For Extra Income. Inside, Enjoy An Expansive Family Kitchen Designed For Comfort And So Much More Room For Dining And Gatherings. The Oversized Living Room And Recreation Area, Create Perfect Spaces For Relaxation And Fun. With Five Baths, Ample Storage, And Well-Appointed Bedrooms Providing Privacy, This Versatile Layout Adds To The Home's Appeal. Located Conveniently Near Transit And Amenities, Residents Can Easily Access All Peterborough Offers. Currently In Use As A Legal Licensed 10 Bedroom Student Rental With An Established Rental History, This Property Isn't Just A Home But A Lucrative Investment With Ongoing Revenue Potential. There's Also Exciting Potential For A Legal Accessory Apartment Above The Garage, With Initial Discussions Indicating Possible City Approval. An Opportunity To Significantly Boost Rental Income. Dont Miss This Exceptional Income Property! Schedule A Viewing Today And Take The First Step Toward A Smart, Profitable Investment.
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Property Summary
This detached home located at 612 Romaine Street, Peterborough is currently for sale and has been available on SousaSells for 62 days. This property is listed at $659,900 with an estimated mortgage of $2,197* per month. It has 10 beds, 5 bathrooms, and is 3500-5000 square feet. 612 Romaine Street, Peterborough is in the Otonabee Ward 1 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 10 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Otonabee Ward 1, Peterborough.
- •10 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Otonabee Ward 1, Peterborough.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- In-Law Capability
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 612 Romaine Street, Peterborough, ON
Q.What is the asking price for 612 Romaine Street, Peterborough, ON ?
The current listing price for 612 Romaine Street, Peterborough, ON in Otonabee Ward 1, Peterborough is $659,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 10 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 612 Romaine Street, Peterborough, ON ?
612 Romaine Street, Peterborough, ON is a Detached (2-Storey) featuring a Full, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability, Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Built-In).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 612 Romaine Street, Peterborough, ON K9J 2E4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Peterborough, ON
For a property listed at $659,900 in Peterborough, the legal minimum down payment is $40,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,673 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,673.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.