FAMILY INVESTMENT OPPORTUNITY! Step into history with this beautifully preserved 1870s Victorian mansion, ideally situated on a large corner lot in a prime Peterborough location. Rich in character and thoughtfully updated, this impressive property features significant capital improvements, including a new roof, updated wiring, three renovated kitchens, three renovated 4-piece bathrooms, luxury carpeting, and fresh paint.
Classic Victorian details take centre stage with an expansive covered wraparound veranda and stunning staircase, while the large yard with a new fence offers exceptional outdoor space, privacy, and parking for six or more vehicles. Currently configured as three spacious two-bedroom apartments, each with its own private entrance and separate meters, plus each with its own separate water heater, this property offers exceptional versatility for investors, multi-generational families, or first-time buyers looking to offset homeownership costs with rental income.
The generous city lot may also offer future potential for an additional accessory dwelling unit, subject to applicable approvals. Enjoy a convenient lifestyle within walking distance of the Otonabee River and downtown Peterborough, along a bus route, and just minutes from Trent University. A rare opportunity to own a distinctive piece of Peterborough's architectural history with modern updates and income-generating potential.
The seller would possibly consider a vendor take-back mortgage for a qualified buyer, offering a potential alternative financing arrangement. Explore the possibilities and make this remarkable Victorian property your next investment!
3x Stove, 3x Fridge, All window coverings, 1 washer/dryer combo, 1 extra stove, fridge and washer (all work) in the large attached storage building beside apt 3.
