INVESTMENT OPPORTUNITY / FIRST-TIME HOME BUYERS - Multi-functional bungalow in Peterborough's north end, located in the sought after Teachers College neighbourhood. This property boasts a legal basement apartment, ideal for rental income or flexible living arrangements. Featuring two large units: the upper unit includes 3 Bedrooms, 1 bath, a den and access to a private deck, while the lower unit has 3 bedrooms and 2 baths, and a den and a large backyard. With recent rents of $2,500 per month per unit, this home offers a cash flow positive investment opportunity. The lower unit is recently vacant and ready for occupancy, while the upper unit tenants will be leaving in December. Well-maintained by the current owners for over 12 years, this property appeals to investors, first-time home buyers or parents with students who are starting post-secondary education at Trent University or Fleming College. Discover versatility and income potential in this well situated property.
LT 6 PL 163; PT LANE PL 163 CLOSED BY ORDER R74877 AS IN R498837 ; PETERBOROUGH
Possession Date
TBD
Taxes (2024)
$3,585.32
Assessment (2024)
$217,000
Directions/Cross Streets
Barnardo Ave & O'Carroll Ave
Neighbourhood
Northcrest
Area
Peterborough
Price History
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Detailed Information
Fronting On
S
Link
N
Property Features
Park, Public Transit, Rec Centre
Special Designations
Unknown
Bedrooms
3+3
Bathrooms
3
Rooms
6+6
Kitchens
1+1
Lot
49.16 x 115.01 ft
Acreage
<.50
Approximate Age
51-99
Exterior
Alum Siding
Air Conditioning
None
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
Fin W/O, Sep Entrance
Drive
Private
Garage Spaces
1.0
Garage Type
Attached
Parking Spaces
3
Total Parking Spaces
4.0
Heat Source
Electric
Heat Type
Baseboard
Sewers
Sewers
Water
Municipal
Zoning
R.1
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Kitchen
Main
3.61 m x 5.63 m(11.84 ft x 18.47 ft)
Living
Main
3.61 m x 3.81 m(11.84 ft x 12.5 ft)
Prim Bdrm
Main
3.61 m x 3.14 m(11.84 ft x 10.3 ft)
2nd Br
Main
3.57 m x 2.52 m(11.71 ft x 8.27 ft)
3rd Br
Main
3.58 m x 2.67 m(11.75 ft x 8.76 ft)
Den
Main
1.9 m x 2.95 m(6.23 ft x 9.68 ft)
Kitchen
Bsmt
3.09 m x 3.61 m(10.14 ft x 11.84 ft)
Dining
Bsmt
3.68 m x 2.82 m(12.07 ft x 9.25 ft)
Living
Bsmt
3.69 m x 2.66 m(12.11 ft x 8.73 ft)
Prim Bdrm
Bsmt
3.57 m x 4.31 m(11.71 ft x 14.14 ft)
3 Pc Ensuite
2nd Br
Bsmt
3.11 m x 2.69 m(10.2 ft x 8.83 ft)
3rd Br
Bsmt
4.03 m x 4.06 m(13.22 ft x 13.32 ft)
Bathrooms
Pieces
Level
4
Main
4
Bsmt
3
Bsmt
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