581 Arndon Avenue, Peterborough (Otonabee Ward 1), Ontario

$499,900

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3

Beds

2

Baths

About 581 Arndon Avenue

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 potentialA rare opportunity to own a character-filled home with flexibility, location, and investment potential all in one package. (id:6289)

More Info on this Otonabee Ward 1 House MLS® listing

581 Arndon Avenue is a house listing for sale in Peterborough (Otonabee Ward 1). The MLS® number is X13416644. It features 3 bedrooms, 2 bathrooms. It's currently listed for $499,900. For more details on MLS® X13416644, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in Otonabee Ward 1 is available now!

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Features of 581 Arndon Avenue

Listing # X13416644
Price $499,900
Bedrooms 3
Bathrooms 2.00
Type Single Family
Sub-Type House

Community Information

Address 581 Arndon Avenue
Area Otonabee Ward 1
Subdivision Otonabee Ward 1
City Peterborough (Otonabee Ward 1)
Province Ontario
Postal Code K9J4A9

Amenities

Parking Spaces 3
Parking Carport, No Garage
Garages Carport, No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Stove, Dryer
Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes
Basement Partially finished, Full

Exterior

Exterior Vinyl siding, Brick Veneer
Lot Description 45.7 x 96.9 FT
Foundation Block

Additional Information

Zoning R1

Listing Details

OfficeSUTTON GROUP INCENTIVE REALTY INC.

Listing Map

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