727 Payne Street
Otonabee Ward 1, Peterborough, K9J 2Z9
FOR SALE
$299,999

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4
BEDROOMS2
BATHROOMS1 + 1
KITCHENS12
ROOMSX13112440
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Property Description
Tucked into the quiet streets of South Peterborough, this bungalow is a rare find for contractors, renovators, and handy homeowners alike. Just a short stroll from the beautiful Otanabee River, you'll enjoy peaceful surroundings with the kind of neighbourhood charm that's hard to come by. The hard work is already done, and done right. The home has been fully stripped back to the studs, with brand new electrical throughout, a 200-amp panel, and all-new plumbing already in place. The bones are solid, the systems are fresh, and the canvas is completely yours. The partially finished basement, complete with a separate entrance and roughed-in kitchen, is perfectly positioned for an in-law suite, rental unit, or multi-generational living. The potential here is hard to ignore. All the heavy lifting has been taken care of. What's left is the fun part: choosing your finishes, putting your stamp on every room, and turning this blank slate into exactly the home you've always envisioned.Opportunities like this don't come around often. If you've been waiting for the right project, this is it
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Property Features
In-Law Suite, Rough-In Bath, Available
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Property Details
Address
727 Payne Street
Community
City
Postal Code
K9J 2Z9
Property Type
Detached, Detached
Zoning
R1
Lot Size
40' x 124'
Acreage
0.1 Feet
Taxes
$4,051 (2025
Basement
Partially Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
Detached
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Listing contracted with Right At Home Realty
ATTENTION CONTRACTORS & INVESTORS! This is your opportunity to purchase a property with incredible potential. Located in the desirable south end, this 1.5-storey home offers a functional layout featuring space for a kitchen, living room, bedroom and full 4-piece bath on the main level. Upstairs, you'll find two additional guest rooms with ample closet space. The lower level provides additional options for finishing currently used for laundry room, storage, and a kitchenette. Outside, enjoy a nicely sized yard with parking for two vehicles. Conveniently located close to amenities, schools, and parks. Unlock the potential and make this property your next successful project.
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