581 Arndon Avenue

Peterborough, ONDetached
$499,900
MLS® X13416644
Detached3 beds2 baths3 total
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About This Property

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:63604)

Key Facts

Type
Detached
Beds
3
Baths
2
Size
700 sqft
Lot
45.7 x 96.9 FT
Parking
3 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Dryer
Property Details 17 details
Bedrooms
3 bedrooms
2 above grade + 1 below grade
Bathrooms
2 bathrooms
Parking
3 parking spaces
Carport · No Garage
Living area
700 - 1,100 sq. ft.
Property
Single Family · Freehold · Detached
Property subtype
Single Family
Structure type
House
Ownership
Freehold
Attached status
Detached
Storeys
1.50
Basement
Partially finished, Full
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
45.7 x 96.9 FT
Frontage
45.80 feet
Taxes
$4,061.00 (2,025)
Zoning
R1
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorStoveDryer

Exterior features

Vinyl sidingBrick VeneerBlock
Rooms 11 rooms
Level
Room
Dimensions
Main level
Foyer
1.57 m x 1.2 m
Basement
Laundry room
1.12 m x 2 m
Main level
Living room
3.66 m x 4.27 m
Main level
Dining room
2.44 m x 3.12 m
Main level
Kitchen
3.05 m x 5.33 m
Main level
Sunroom
3.05 m x 4.27 m
Second level
Bedroom
3.51 m x 4.04 m
Second level
Bedroom 2
3.48 m x 2.59 m
Second level
Bathroom
1.15 m x 2.13 m
Basement
Family room
2.41 m x 3.35 m
Basement
Bathroom
1.12 m x 2 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$499,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Otonabee Ward 1
City
Peterborough
Postal code
K9J 4A9
Nearby
Cross Streets: Monaghan South and Arndon. ** Directions: Monaghan South to Arndon. House on the right.