Fully updated bungalow with a legal secondary apartment in Peterborough's North end, offering strong appeal for investors or buyers seeking a mortgage helper. The main level features a functional 3-bedroom 1-bathroom layout with new hardwood flooring throughout and fully updated kitchen complete with modern cabinetry and quartz countertops. The bright, spacious lower level has been professionally converted into a legal 2-bedroom, 1-bathroom secondary suite, featuring a separate entrance. This self-contained unit includes its own kitchen, living space, and was constructed with proper permits and city approval, making it well-suited for consistent rental incomes. This all brick home offers approximately 1,050 sq ft above grade, newer furnace and central air (2018), and on demand hot water tank. Additional updates include electrical improvements, tiled flooring in the entryways and laundry area, and overall finish upgrades that make the property move-in ready for both owners and tenants. Situated on an accessible residential street just off Chemong Road, the property provides quick access to shopping, restaurants, schools, and all major amenities. It is also located on a city bus route, adding significant value for tenants, particularly Trent and Fleming students. With a legal two-unit configuration, updated interior, and strong location fundamentals, this property presents a turnkey opportunity for investors or buyers looking to offset their cost of ownership with rental income. (id:2493)
Data was last updated May 12, 2026 at 03:45 AM (UTC)
Area Statistics
Listings on market:
62
Avg list price:
$824,900
Min list price:
$369,900
Max list price:
$1,895,000
Avg days on market:
19
Min days on market:
2
Max days on market:
277
These statistics are generated based on the current listing's property type
and located in
Northcrest Ward 5. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.