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818 Orpington Road Peterborough (Otonabee Ward 1), Ontario K9J 7X5

5 Bedroom 2 Bathroom 700 - 1100 sqft
Bungalow Central Air Conditioning Forced Air

$529,900

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:56087)

Property Details

MLS® Number X14094158
Property Type Single Family
Community Name Otonabee Ward 1
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Architectural Style Bungalow
Basement Features Apartment In Basement
Basement Type N/a
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Brick
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1100 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Fence Type Fenced Yard
Sewer Sanitary Sewer
Size Depth 108 Ft ,10 In
Size Frontage 40 Ft
Size Irregular 40 X 108.9 Ft
Size Total Text 40 X 108.9 Ft|under 1/2 Acre
Zoning Description R1

Rooms

Level Type Dimensions
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
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

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30418816/818-orpington-road-peterborough-otonabee-ward-1-otonabee-ward-1