818 Orpington Road, Peterborough, Ontario K9J 7X5

Listed for:
$529,900
5 beds
2 baths
Listed 4 days ago
Duplex for rent: 818 Orpington Road, Peterborough, Ontario K9J 7X5

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About

Erskine Avenue INVEST, LIVE, OR BOTH! Welcome to 818 Orpington, a fantastic opportunity to own a fully tenanted, legal two-unit property offering immediate rental income and long-term flexibility. Generating $4,148 per month in gross rental income ($49,776 annually), this property features a beautifully updated main-floor unit currently renting for $2,349/month and a legal lower level apartment with a separate entrance renting for $1,799/month. Whether you're an investor looking to expand your portfolio or a future homeowner interested in living in one unit while rental income from the other helps offset mortgage costs, this property offers options to suit your goals. The updated upper level showcases modern finishes and a welcoming living space, while the self-contained lower apartment provides additional income potential. Situated near a quiet cul-de-sac, backing onto greenspace and a walking trail, the property offers an appealing balance of convenience and natural surroundings. Enjoy proximity to schools, shopping, parks, public transit and easy access to Highway 115. With potential for an additional coach house, subject to municipal approvals, there may be further opportunities to maximize the property's value. Two legal units, established rental income and future potential - 818 Orpington is an opportunity worth exploring! Additional income and property details are available. (id:27476)

Property Highlights

MLS® Number
X14094158
Type
Multi-family
Community Name
Otonabee Ward 1
Ownership Type
Freehold
Land Size
40 x 108.9 FT|under 1/2 acre
Parking Space Total
4

Building

Building Type
Duplex
Storeys
1.00
Square Footage
700 - 1100 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
5
Exterior Finish
Aluminum siding, Brick
Fireplace Present
No
Basement Type
N/A
Basement Features
Apartment in basement
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Living room
Basement
3.7 m x 4.41 m
Kitchen
Basement
3.12 m x 2.96 m
Primary Bedroom
Basement
3.86 m x 3.61 m
Bedroom
Basement
3.85 m x 2.66 m
Utility room
Basement
4.28 m x 3.4 m
Living room
Main level
3.68 m x 4.75 m
Kitchen
Main level
3.12 m x 2.96 m
Primary Bedroom
Main level
3.3 m x 3.8 m
Bedroom
Main level
3.65 m x 3.61 m
Bedroom
Main level
2.58 m x 2.86 m

Location

Learn more about this property
Listing provided by:
Century 21 United Realty Inc.
MLS® number:
X14094158
Agent:
Tom Reburn
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