818 Orpington Road

Peterborough, ONDetached
$529,900
MLS® X14094158
Detached5 beds2 baths4 total
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About This Property

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:63604)

Key Facts

Type
Detached
Beds
5
Baths
2
Size
700 sqft
Lot
40 x 108.9 FT
Parking
4 total

Highlights

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
Property Details 19 details
Bedrooms
5 bedrooms
3 above grade + 2 below grade
Bathrooms
2 bathrooms
Parking
4 parking spaces
No Garage
Living area
700 - 1,100 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Apartment in basement
Heating
Forced air, Electric
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
40 x 108.9 FT
Frontage
40 feet
Taxes
$4,383.07
Zoning
R1
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorDishwasherStoveDryer

Exterior features

BrickAluminum sidingPoured ConcreteFenced yard

Systems and association

SewerElectricityCable
Rooms 10 rooms
Level
Room
Dimensions
Main level
Living room
3.68 m x 4.75 m
Main level
Kitchen
3.12 m x 2.96 m
Main level
Primary Bedroom
3.3 m x 3.8 m
Main level
Bedroom
3.65 m x 3.61 m
Main level
Bedroom
2.58 m x 2.86 m
Basement
Living room
3.7 m x 4.41 m
Basement
Kitchen
3.12 m x 2.96 m
Basement
Primary Bedroom
3.86 m x 3.61 m
Basement
Bedroom
3.85 m x 2.66 m
Basement
Utility room
4.28 m x 3.4 m
Mortgage & Affordability Estimate monthly costs
Purchase price$529,900
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 7X5
Nearby
Erskine Avenue