133 Goodfellow Road

Nestled in the heart of Otonabee Ward 1, this charming house for sale in Peterborough is a splendid opportunity for both investors and those looking to establish their forever home. Located at 133 Goodfellow Road, Peterborough, this solid detached bungalow boasts a prime position, making it an attractive prospect for anyone keen on the vibrant community life that Peterborough has to offer.

The property features a versatile layout with two bedrooms and two additional den spaces, providing ample room for families or individuals looking for extra space to work or relax. The two separate kitchens—one on the main floor and another in the basement—add to the functionality of this home, making it ideal for those considering a mortgage-helper suite or simply wishing to accommodate extended family. With a total of six rooms, including two bathrooms, this house for sale in Peterborough is designed to meet a variety of living arrangements.

As you step inside, you'll appreciate the well-maintained brick exterior, which not only adds to the property's curb appeal but also ensures durability. Although the house does not feature a fireplace or a family room, the layout compensates with a spacious feel and a practical design. The absence of a garage may be noted, but the property offers generous parking space for up to six vehicles, making it convenient for families or guests.

The house is currently set up as a successful income generator, with separate tenancies for the main floor and basement, yielding a combined monthly rent of £4,150. This makes it a prime investment opportunity for those looking to secure a solid return on their investment. The current strong rental income highlights the value and demand for properties in this area, making this house for sale in Peterborough a wise choice for savvy investors.

For those considering a more personal touch, the property can also be purchased with a condition for vacant possession, allowing you to create your perfect "home sweet home." The bungalow's layout and features provide immense potential for personalisation, catering to your specific needs and preferences.

One of the standout features of this house for sale in Peterborough is the newer roof, installed in 2017, which adds peace of mind for any prospective buyer. Central air conditioning ensures comfort during the warmer months, while the forced air heating system provides warmth during the colder seasons. The property is connected to municipal water and sewer systems, ensuring convenience and reliability.

The large backyard is another attractive feature, offering a private outdoor space for relaxation or entertainment. Although there is no pool, the expansive lot measuring 60 x 128 feet provides plenty of room for outdoor activities, gardening, or simply enjoying the fresh air.

Situated near essential amenities, including schools, hospitals, and various shops, 133 Goodfellow Road, Peterborough, is ideally located for those who appreciate the convenience of urban living while still enjoying the charm of a residential neighbourhood. The vibrant community surrounding this property is perfect for families, young professionals, or retirees looking for a peaceful yet connected lifestyle.

In summary, this house for sale in Peterborough at 133 Goodfellow Road presents a unique opportunity for both investors and homebuyers alike. With its solid structure, practical layout, and prime location, it is well-suited for generating income or creating a personal sanctuary. Whether you choose to continue the successful rental strategy or transform it into your dream home, this property is a must-see for anyone looking to invest in the thriving city of Peterborough. Don’t miss out on this fantastic opportunity!

Otonabee Ward 1, located within the city of Peterborough, is a charming and picturesque area that offers a blend of natural beauty and suburban convenience. Nestled along the banks of the Otonabee River, this ward is characterised by its lush green spaces, scenic walking trails, and a friendly atmosphere that invites outdoor activities. Residents enjoy easy access to local amenities, including shops, schools, and parks, while the proximity to the river provides opportunities for boating and fishing. With its welcoming neighbourhoods and a strong sense of community spirit, Otonabee Ward 1 is an ideal choice for those seeking a tranquil yet vibrant place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is St. Alphonsus Catholic Elementary School, situated just 0.3 km away, offering grades from JK to 8 with an English curriculum. For secondary education, Holy Cross Catholic Secondary School is 1.5 km from the property, serving grades 9 to 12, also in English. Additionally, St. Catherine Catholic Elementary School, located 2.0 km away, provides an immersive French language program for students in JK to 8. For older students, St. Peter Catholic Secondary School, 2.1 km from the property, offers a French curriculum for grades 9 to 12. All schools are part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board and focus on Catholic education. While the school ratings are currently not available, the proximity of these institutions ensures that families have access to quality education within a short distance from home. This makes the property an attractive option for those prioritizing educational opportunities for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 830 residents and an average household size of 2. The average age of residents is 46.4 years, indicating a mature population. The average household income stands at $72,000, with 15.2% of the population classified as low-income. The average property price in the area is $476,000, reflecting the local real estate market's dynamics. A notable 50.34% of the population is single, while 25.53% of households include children, highlighting a mix of family structures. The community is diverse, with 13.14% of residents being immigrants. Additionally, renters make up a significant portion of the population at 52.87%, and condos represent 25.29% of housing options. Educational attainment is relatively high, with 46.31% of residents holding a college or university degree. However, a considerable 45.64% of the population is not in the labor force, which may impact local economic activity. Overall, this area presents a blend of demographics that could appeal to various potential buyers and renters.