Exceptional income-producing opportunity in Peterborough's desirable north end! This fully updated all-brick bungalow features a legal secondary suite, making it an ideal turnkey investment or an excellent option for buyers looking to significantly offset their mortgage with rental income. The main level offers a bright and modern 3-bedroom layout with beautiful hardwood flooring throughout, an updated kitchen featuring quartz countertops and contemporary cabinetry, and an inviting living space. The professionally constructed legal lower-level apartment offers a completely self-contained 2-bedroom suite with its own private entrance, full kitchen, bathroom, and spacious living area. Built with permits and city approval, this legal unit provides peace of mind and outstanding long-term income potential. Major mechanical updates include a newer furnace and central air (2018), on-demand hot water, electrical upgrades, tiled entryways and laundry area, and quality finish updates throughout, making this a true move-in-ready property. Located just off Chemong Road, this property is close to shopping, restaurants, schools, parks, and everyday amenities, while being situated directly on a city bus route, a major advantage for tenants, including students attending Trent University and Fleming College. Whether you're building your investment portfolio, or seeking a property with excellent cash flow potential, this two unit home offers the versatility, location, and strong income fundamentals that today's buyers are looking for. (id:15069)
| MLS® Number | X13488044 |
| Property Type | Single Family |
| Community Name | Northcrest Ward 5 |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools |
| Community Features | Community Centre, School Bus |
| Features | In-law Suite |
| Parking Space Total | 4 |
| Structure | Shed |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Water Heater - Tankless, Dishwasher, Dryer, Stove, Washer, Window Coverings, Refrigerator |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, N/a, N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| Carport | |
| Garage |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 98 Ft |
| Size Frontage | 46 Ft ,6 In |
| Size Irregular | 46.5 X 98 Ft |
| Size Total Text | 46.5 X 98 Ft |
| Zoning Description | R1 |
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
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