$499,900
575 BETHUNE STREET
Beds
5
Baths
3
Sqft
—
Year
—
About this home
Opportunity meets character in Peterborough's downtown core. This turn key investment property offers a proven history of generating $50,000+ in annual rental income, making it an excellent opportunity for investors or those seeking a live and earn property. Ideally located within walking distance to amenities, parks, trails, public transit, and the downtown core, this property offers both convenience and lifestyle appeal. The home showcases classic character with functionals living space throughout. A rare bonus is the detached rear guest accommodation, providing additional income potential, in law capability, or future coach house development possibilities. A solid addition to any real estate portfolio in a high demand rental location. (id:65958)
- Subtype
- Single Family
- MLS#
- X12953038
- Area
- PETERBOROUGH_(TOWN_WARD_3)
Cash on cash
-3.03%
Cap rate
5.28%
GRM
12.6
Break-even rent
$3,566
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.