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. (id:47421)
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Detailed Information
Bedrooms
3+3
Bathrooms
3
Lot
49.08 x 115 ft
Amenities Nearby
Park, Public Transit
Community Features
Community Centre
Listing Contract Date
2024-10-09
Location Description
Barnardo Ave & O'Carroll Ave
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R.1
Building
Appliances
Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer
Architectural Style
Bungalow
Basement Development
Finished
Basement Features
Separate entrance, Walk out
Basement Type
N/A (Finished)
Construction Style (Attachment)
Detached
Exterior Finish
Aluminum siding
Foundation Type
Poured Concrete
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom 2
Basement
3.11 m x 2.69 m
Bedroom 3
Basement
4.03 m x 4.06 m
Kitchen
Basement
3.09 m x 3.61 m
Dining room
Basement
3.68 m x 2.82 m
Living room
Basement
3.69 m x 2.66 m
Primary Bedroom
Basement
3.57 m x 4.31 m
Kitchen
Main level
3.61 m x 5.63 m
Living room
Main level
3.61 m x 3.81 m
Primary Bedroom
Main level
3.61 m x 3.14 m
Bedroom 2
Main level
3.57 m x 2.52 m
Bedroom 3
Main level
3.58 m x 2.67 m
Den
Main level
1.9 m x 2.95 m
Parking Spaces
Name
Spaces
Attached Garage
Land
Total Size
49.16 x 115.01 FT | under 1/2 acre
Amenities
Park, Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
49.16 x 115.01 FT
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