760 New Romaine Street, Peterborough

$424,900
760 New Romaine Street

$424,900

New
18d
DetachedBungalow

760 New Romaine Street, Peterborough

Total Monthly Obligation $2,361

Beds
3
Baths
1
Park
2
Sqft
< 700
DOM
18d
Score
34
Yield
7.9%
Cash on Cash
9.1%
Cap Rate
6.5%
5Y IRR
22.9%
10Y IRR
20.8%
Property Type-Detached
MLS® Number-X13860430
Beds-3
Bathrooms-1
Size-< 700 sqft
Lot Size-40 × 100 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,268.41 (2026)
Parking-2 - None
Basement-Walk-Up, Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Our Neighbourhood Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-90/120
Neighbourhood-Otonabee Ward 1
Title-Residential Freehold

No agent assigned

Welcome to 760 New Romaine St, a charming 2+1 bedroom bungalow offering over $50,000 in updates and improvements. The home features updated flooring throughout, a fully updated kitchen with appliances, and a refreshed bathroom with the tub updated in 2021. The finished basement with walk-up access provides additional living space and flexibility.Major updates include roof (2019), furnace and central air (2021), along with a gas BBQ hookup and electrical panel with generator hookup. The home sits on a 40' x 100' lot with a private driveway and 2 parking spaces. Conveniently located close to schools, local amenities and workshop/employment opportunities, with bus routes providing access toward Trent University and Fleming College, including stops along High Street.

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$
%
%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$339,920
Land Transfer Taxes$4,973
Legal Fees (Est.)
$
Total cash required for closing$91,453

Total Monthly Obligation

$2,361/mo
Mortgage $1,714
Monthly Loss $1,910
Principal$451
Interest$1,263
Property Tax$272
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.3%41
Cash-on-Cash
2.1%12
5-Year IRR
17.4%84
10-Year IRR
16.6%
Returns Index
46.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
34/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,600/yr
NOI
$22,472/yr
Net Cash Flow
$159/mo
Cash Margin
5.7%13
Cash Flow Index
13.4/ 100
Risk Profile
Weight: 20%
DSCR
1.0935
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
40.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 760 New Romaine Street

Time

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