497 Gilmour Street

Welcome to the delightful world of 497 Gilmour Street, Peterborough, where timeless character meets exceptional opportunity in this stunning detached house for sale in Peterborough . This charming 2.5 storey brick home, nestled in the heart of Town Ward 3, boasts a plethora of features that make it an ideal investment property or a brilliant choice for those looking to ease their mortgage burden with rental income.

As you step inside, you’ll find yourself enveloped in warmth and character. The main level showcases a lovely one-bedroom suite that exudes charm. The comfortable living room, although it features a fireplace (which is not operational), is flanked by floor-to-ceiling built-ins that create a snug and inviting focal point. The dining room is perfect for hosting family and friends, offering an elegant space to enjoy meals together. The bright kitchen is a true highlight, complete with ample storage, including a floor-to-ceiling pantry that adds both functionality and a touch of character. A four-piece bathroom completes the main floor layout, ensuring convenience for residents and guests alike.

The second unit, which spans the second and third floors, is a real gem. Accessed from a generous foyer off the front porch, this unit welcomes you with character and endless possibilities. The second level boasts three bedrooms, which can also be configured as a living room, alongside a well-appointed kitchen, a full bathroom, and the added convenience of in-suite laundry. Ascending to the third floor, you’ll discover a cosy living area and a spacious bedroom, perfect for a private retreat, studio, or additional family space.

Throughout this remarkable house for sale in Peterborough, you’ll notice charming features that add warmth to the residence, including original hardwood floors, exquisite millwork, and large windows that flood the rooms with natural light. The separate entrance to the unfinished basement provides laundry hookups for the main floor unit and additional storage space, making it a practical addition to the home.

This property is not just about the interior; it also offers outdoor benefits. The house for sale in Peterborough features two parking spaces, ensuring convenience for residents and visitors. The pleasant backyard provides a lovely space to relax and enjoy the fresh air, perfect for summer barbecues or simply unwinding after a long day.

With a lot size of 38 X 95 feet and an age of over 100 years, this classic brick beauty blends historic charm with modern living. Although there’s no pool or garage, the private double driveway allows for ample parking, accommodating up to two vehicles. The home is unfurnished, providing you with the perfect blank canvas to make it your own.

In terms of utilities, the house for sale in Peterborough is equipped with central air conditioning for those warmer months, while the baseboard heating system ensures a warm and cosy atmosphere during the colder seasons. The property is connected to municipal water and sewer, offering peace of mind for future homeowners.

This is a rare opportunity to own a piece of history in a sought-after neighbourhood. The combination of flexible living space, strong income potential, and the charming features of this home make it an exceptional property. Don’t miss out on the chance to call 497 Gilmour Street, Peterborough your own. Whether you’re looking for a family home or an investment opportunity, this house for sale in Peterborough ticks all the boxes. Come and experience the charm and potential of this fantastic property today!

Town Ward 3 in Peterborough is a vibrant and diverse area that offers a unique blend of urban convenience and green spaces. Nestled close to the city centre, it boasts a variety of amenities including shops, cafes, and parks, making it an ideal location for families and young professionals alike. The ward is well-served by public transport, providing easy access to the wider city and beyond. With a rich history reflected in its architecture and a strong sense of local identity, Town Ward 3 is a welcoming neighbourhood that fosters a sense of belonging while offering the dynamic lifestyle of city living.

Schools in the Neighbourhood

The property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find St. Teresa Catholic Elementary School, just 1.5 km away, offering grades JK to 8 with instruction in English. For secondary education, St. Peter Catholic Secondary School is located only 1.1 km from the property, providing a Catholic education for grades 9 to 12, also in English. Additionally, St. Anne Catholic Elementary School, situated 2.1 km away, offers a French language program for grades JK to 8. St. Peter Catholic Secondary School is available in French as well, catering to the same grade levels. All schools are part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board, ensuring a cohesive educational experience. While the school ratings are not specified, the proximity to multiple schools in both English and French provides families with diverse educational options. This combination of accessibility and variety in language instruction makes the property an attractive option for buyers prioritizing education for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 552 residents, characterized by an average household size of 1.9 individuals. The demographic profile indicates a mature community, with an average age of 49.1 years. The average household income stands at $75,500, though 16.8% of the population is classified as low-income. The real estate market reflects a median home price of $580,000, with a notable percentage of residents (70.37%) renting their homes. Single individuals make up 56% of the population, while households with children account for approximately 34.62%. The community is also diverse, with 16.33% of residents being immigrants. Educational attainment is relatively high, with 59.34% of the population holding a college or university degree. However, a significant portion, 43.96%, is not actively participating in the labor force. Notably, there are no condominiums in the area, indicating a potential gap in the housing market for this type of property. Overall, the demographic data suggests a stable, educated community with a mix of families and single residents, alongside a predominance of renters.