556 Edison Avenue
Peterborough (Otonabee), Ontario K9J4G5

5 beds · 3 baths · null

Discover a rare chance to invest in a versatile single family home with an accessory apartment, perfectly situated in the South end on a spacious corner lot. This property boasts generously sized Units and separate outdoor living spaces, offering a ton of possibilities for both homeowners and investors. The owner-occupied front Unit is a charming two storey residence featuring 3 bedrooms and 1 bathroom, complete with an unfinished basement for added storage. This home showcases multiple outdoor areas, including a large front porch, a side deck, and a backyard. At the rear of the property, you'll find a well-maintained 2 bedroom, 2 bathroom Unit, a finished basement with its own utility room, laundry with its own outdoor living space. This VACANT unit provides the flexibility to live in one Unit while renting the other or, if you're looking for an investment, you will have the security in knowing that you can choose your tenants for both Units!! Whether you're looking for multi-generational living arrangements or a way to secure your financial future through rental income, this home has it all! (id:39198)

Facts & Features

Building Type House, Detached

Year built

Square Footage

Stories 2

Bedrooms 5

Bathrooms 3

Parking 4

NeighbourhoodOtonabee

Land size 77 x 62 FT|under 1/2 acre

Heating type Forced air

Basement typeN/A (Finished)

Parking Type

Time on REALTOR.ca3 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: CENTURY 21 UNITED REALTY INC.

Powered by: REALTOR.ca

Home price

$650,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$5,913 / month

Rent $5,229

Savings $684

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$5,211 / month

Rent $5,069

Savings $142

Initial deposit 5%

Savings target Fixed at 5%

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