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Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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818 Orpington Road, Peter...

Peterborough, K9J 7X5
  • 700-1100 Sq-Ft
  • 5 Bedrooms
  • - Garage
  • 2 Bathroom
Start From
$ 529,900

Descripation

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.

Essential Information

  • Price: $529900
  • For: Residential Freehold
  • Property Types: Detached
  • Area: 700-1100 SQFT
  • Country: CA
  • City: Peterborough
  • Garages:
  • Bedrooms: 5
  • Bathrooms: 2
  • Fronting On: North
  • Listing ID: X14094158
  • Cross Street: Erskine Avenue
  • Annual Property Tax: $ 4383.07
  • Lot Size: < .50
  • Listing Brokerage: Century 21 United Realty Inc.

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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