581 Arndon Avenue
Otonabee Ward 1, Peterborough, K9J 4A9
FOR SALE
$489,000
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2 + 1
BEDROOMS 2
BATHROOMS 1
KITCHENS 7 + 3
ROOMS X14155930
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Property Description
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 potential A rare opportunity to own a character-filled home with flexibility, location, and investment potential all in one package.
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Property Features
Other
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Property Details
Address
581 Arndon Avenue
Community
City
Postal Code
K9J 4A9
Property Type
Detached, Detached
Zoning
R1
Lot Size
46' x 97'
Taxes
$4,061 (2025
Basement
Full, Partially Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Carport
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Listing contracted with Sutton Group Incentive Realty Inc.
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