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47 days on Market

600 Water St, Peterborough, Ontario K9H 3M8

$749,900
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Townhouse
7
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,221/mo

Tax Amount (2024)$5,836/yr

Days On Market47 days


Description

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.


Property Details

Style2 1/2 Storey
View-
Age of property51-99
SqFt-
Lot Size3,570 SqFt(102 x 35)
Parking Spaces4
MLS ®NumberX9385613
Community NameNorth Central
Data SourceTRREB

Features

Heating: Forced Air
Basement: Unfinished

Main Floor

Kitchen

3.61 x 3.45

Living

5.33 x 4.05

Bathroom

1.00 x 1.50

2 Pc Bath

Br

3.90 x 4.82


Features

Lot size: 3,570 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 2

Total parking spaces 4


Property History

Now
ListedFor Salefor$749,900Active
47 days on market
Listing by trreb®
history photo preview40
Sep 8, 2023
ListedFor Salefor$799,900Terminated
Stayed 59 days on market
Listing by itso®
history photo preview50
ListedFor Salefor$349,900Terminated
Stayed 8 days on market
Listing by trreb®
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Property listed by CENTURY 21 UNITED REALTY INC., Brokerage
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