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:2493)
Data was last updated June 26, 2026 at 12:45 PM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$632,450
Min list price:
$349,900
Max list price:
$1,799,000
Avg days on market:
29
Min days on market:
1
Max days on market:
323
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.