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Investment signal

$499,900

575 BETHUNE STREET

Save this home

Beds

5

Baths

3

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Peterborough (Town Ward 3). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

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
Structure
House
Community
Town Ward 3
Common interest
Freehold
Lot dimensions
30 x 124 FT
Bedrooms
5 above grade
Parking
2 total
Stories
2.5
Fireplace
Yes
On market
Apr 2, 2026
Status changed
Apr 17, 2026
Annual tax
$3,786
Zoning
R1
Photos
28
MLS#
X12953038
Area
PETERBOROUGH_(TOWN_WARD_3)

Features and systems

Parking

No Garage

Basement

UnfinishedFull

Appliances

WasherRefrigeratorWater meterStoveDryerWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

ConcreteWood

Foundation

Block

Lot

Flat siteGuest Suite

Community

School Bus

Utilities

SewerElectricityCable
Positive cash flow ~$175/mo at these assumptions

Cash on cash

2.10%

Cap rate

5.28%

GRM

12.6

Break-even rent

$3,116

Financing

Down payment$99,980
Loan amount$399,920
Mortgage$2,026/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229
Insurance$80
Maintenance$417
CapEx reserve$208
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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

Estimated $2,026/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.

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