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$599,800
Peterborough
71 Lansdowne Street West, Peterborough (Otonabee Ward 1), Ontario, K9J1Y2
This 3-bedroom, 2-bathroom home in Peterborough is for sale offering roughly 900 sq ft of space.
Beautiful home with opportunity to add rental income to help pay down your mortgage! No current tenants, so you can set your own direction. A rare opportunity in the city offering space, versatility and income potential. Set on an impressive deep lot, this property features a legal accessory suite, making it an excellent option for first-time buyers looking to offset mortgage costs with rental income, investors, or those seeking multi-generational living. The private lower-level suite offers a bright and spacious family room, bedroom, kitchen, 4-piece bathroom, laundry and utility space. The main home is filled with character, featuring hardwood floors, a welcoming sunroom, a kitchen overlooking the backyard, main-floor laundry, two upper-level bedrooms and a 4-piece bathroom. Outside is where this property really STANDS apart. The expansive backyard offers plenty of room for kids and pets to play, mature trees, perennial gardens and space to relax or entertain. A detached garage and generous parking provide excellent possibilities for a handyman, hobbyist, mechanic, workshop or simply anyone needing extra vehicle and storage space. Conveniently located within walking distance of downtown Peterborough, Del Crary Park, the Farmers' Market and transit, with easy access to Highway 115. A property with room to live, work and generate income - all in the city. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 79 days on market, against an average age of 60 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This 3-bed single family in Peterborough (Otonabee Ward 1) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $599,800, about 8.3× the local median household income of $72,500.
Carrying it typically needs a household income of about $117,162 (20% down, 25-yr amortization, stress-tested) — roughly 62% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9J)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.