581 Arndon Avenue Peterborough (Otonabee Ward 1), Ontario K9J 4A9
$545,000
Charming Character Home with Exceptional Investment Potential!Welcome to this delightful 1.5-storey home, originally built in the 1950s and full of warmth, charm, and timeless character. Situated in a highly desirable neighbourhood in Peterborough, this well-located property offers an outstanding opportunity for families, investors, or those seeking multi-generational living.Featuring 3 spacious bedrooms and 2 bathrooms, this home provides a functional layout with plenty of natural light and inviting living spaces. The separate side entrance offers excellent potential for a future in-law suite or duplex conversion (subject to municipal approvals), making it an attractive option for income generation or extended family accommodation.Outside, you'll find a generous rear yard with ample space for entertaining, gardening, children, or pets, along with the convenience of a covered carport. The location is hard to beat-close to schools, shopping, public transit, parks, and everyday amenities, with easy access to Costco Wholesale and nearby educational institutions, making it particularly appealing for student housing opportunities.Whether you're looking for a family home, an investment property, or a residence with future development potential, this charming character home delivers outstanding value in one of Peterborough's most convenient locations.Highlights:* Charming 1950s-built character home* 1.5-storey design* 3 bedrooms, 2 bathrooms* Separate side entrance with duplex/in-law suite potential* Large private rear yard* Covered carport* Excellent family-friendly neighbourhood* Ideal for families, investors, or student rentals* Close to schools, shopping, transit, parks, and Costco* Strong income and future value-add potentialA rare opportunity to own a character-filled home with flexibility, location, and investment potential all in one package. (id:45725)
Property Details
| MLS® Number | X13416644 |
| Property Type | Single Family |
| Community Name | Otonabee Ward 1 |
| Equipment Type | Water Heater |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 3 |
| Age | 51 To 99 Years |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick Veneer, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 700 - 1100 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Carport | |
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 96 Ft ,10 In |
| Size Frontage | 45 Ft ,8 In |
| Size Irregular | 45.7 X 96.9 Ft |
| Size Total Text | 45.7 X 96.9 Ft |
| Zoning Description | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.51 m | 4.04 m | 3.51 m x 4.04 m |
| Second Level | Bedroom 2 | 3.48 m | 2.59 m | 3.48 m x 2.59 m |
| Second Level | Bathroom | 1.15 m | 2.13 m | 1.15 m x 2.13 m |
| Basement | Laundry Room | 1.12 m | 2 m | 1.12 m x 2 m |
| Basement | Family Room | 2.41 m | 3.35 m | 2.41 m x 3.35 m |
| Basement | Bathroom | 1.12 m | 2 m | 1.12 m x 2 m |
| Main Level | Foyer | 1.57 m | 1.2 m | 1.57 m x 1.2 m |
| Main Level | Living Room | 3.66 m | 4.27 m | 3.66 m x 4.27 m |
| Main Level | Dining Room | 2.44 m | 3.12 m | 2.44 m x 3.12 m |
| Main Level | Kitchen | 3.05 m | 5.33 m | 3.05 m x 5.33 m |
| Main Level | Sunroom | 3.05 m | 4.27 m | 3.05 m x 4.27 m |
Interested?
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Toronto Real Estate Board
Sutton Group Incentive Realty Inc.
June 08 2026 08:55:27
