649 Charlotte Street, Peterborough, ON

$519,900
MLS#:X12495148
5 beds
3 baths
< 700 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $519,900 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.

  • 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning < 700 sqft on a spacious lot (Feet)
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

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.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
3
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 14, 2025
Sold price information is available to members only
Listed Date10/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick
CountyPeterborough
Annual Tax$5,484
Legal DescriptionPT LT 6 PL 42Q N MONAGHAN AS IN R298680; PETERBOROUGH

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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649 Charlotte Street, Peterborough, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 649 Charlotte Street, Peterborough, ON K9J 2X2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$415,920
Monthly Mortgage$2,417
Property Tax (Est.)$457
Utilities & Maint.$350
Total Monthly Cost$3,224

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Peterborough.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Town Ward 3, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$579,915

People & Families

Age Distribution

Household Composition

One-person households
29%
Families with children
36%
Couples without children
32%
Other households
3%

Top Ethnic Origins

English33%
Irish30%
Scottish25%
Canadian17%

Local Schools Guide

Elementary Schools

Queen Mary
Public1445 Monaghan Road, Peterborough, Ontario, K9J 5M8
4.0
Prince of Wales
Public1211 Monaghan Road, Peterborough, Ontario, K9J 5L4
4.1
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9
Highland Heights
Public430 Highland Road, Peterborough, Ontario, K9H 5J7
4.6
Westmount
Public1520 Sherwood Crescent, Peterborough, Ontario, K9J 6T8
5.2

Secondary Schools

St. Peter’s
CatholicPeterborough, Ontario
6.7
Adam Scott
Public175 Langton Street, Peterborough, Ontario, K9H 6K3
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.