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600 Water Street Peterborough (Downtown), Ontario K9H 3M8

7 Bedroom 3 Bathroom
Forced Air

$749,900

Are you searching for a great investment opportunity in the heart of downtown Peterborough? This charming duplex property that promises exceptional returns for savvy investors. This versatile corner lot boasts an attractive main house with 5 spacious bedrooms, offering ample living space for students or a larger family. Additionally, the upper unit presents a tidy 2-bedroom apartment, ideal for tenants seeking a cozy and independent living arrangement. The current configuration offers immediate rental income from the upper unit with the main being left vacant to allow for your own tenant selection or upgrades. One of the standout features of this property is the potential for further unit expansion. With a double car garage already in place, there is an excellent opportunity to convert the space into an additional living unit, maximizing the property's earning potential. Whether you choose to create a separate studio, an additional apartment, or an office space, this expansion option offers a significant advantage for increased rental income or flexible usage. Tenants will enjoy the proximity to Trent University, Little Lake, shopping centres, restaurants, entertainment venues, parks, and other amenities, making it an enticing choice for a variety of potential tenants. Don't miss out on the chance to capitalize on this thriving market. Schedule a viewing today to experience firsthand the vast potential this property holds. (id:56087)

Property Details

MLS® Number X9385613
Property Type Single Family
Community Name Downtown
Amenities Near By Park, Public Transit, Schools
Community Features Community Centre, School Bus
Features Cul-de-sac, Lane
Parking Space Total 4

Building

Bathroom Total 3
Bedrooms Above Ground 7
Bedrooms Total 7
Amenities Separate Electricity Meters, Separate Heating Controls
Basement Development Unfinished
Basement Type N/a (unfinished)
Exterior Finish Brick
Foundation Type Stone
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Duplex
Utility Water Municipal Water

Parking

Attached Garage

Land

Acreage No
Land Amenities Park, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 102 Ft
Size Frontage 35 Ft
Size Irregular 35 X 102 Ft
Size Total Text 35 X 102 Ft|under 1/2 Acre
Zoning Description R3

Rooms

Level Type Dimensions
Second Level Primary Bedroom 5.43 m x 4.1 m
Second Level Bedroom 2 3.9 m x 4.11 m
Second Level Bedroom 3 3.9 m x 2.88 m
Second Level Bedroom 4 2.25 m x 2.84 m
Second Level Bathroom 2.25 m x 1.03 m
Main Level Kitchen 3.61 m x 3.45 m
Main Level Living Room 5.33 m x 4.05 m
Main Level Bathroom 1 m x 1.5 m
Main Level Bedroom 3.9 m x 4.82 m

https://www.realtor.ca/real-estate/27512603/600-water-street-peterborough-downtown-downtown