554 Crystal Drive

Welcome to your next investment opportunity: a Multi-Family Home for sale in Peterborough , located at 554 Crystal Drive, Peterborough. This impressive multiplex is nestled in the desirable Ashburnham Ward 4, making it a prime spot for anyone looking to capitalise on the thriving rental market in the area. With a solid two-storey brick exterior, this property is not only attractive but also well-maintained, ensuring a great return on investment.

This Multi-Family Home for sale in Peterborough features three spacious two-bedroom apartments, each designed to maximise comfort and functionality. Over the past five years, the apartments have undergone significant renovations, including the installation of new kitchens complete with granite countertops and modern bathrooms. This attention to detail makes the apartments appealing to potential tenants, providing a fantastic opportunity for steady rental income.

The main floor apartment, known as apartment #2, will soon be available for a new tenant. This is a brilliant opportunity for a buyer looking to reside in this unit while earning rental income from the other two apartments. The seller plans to advertise this apartment for rent at £2000 a month, plus utilities, making it an attractive proposition for those looking to live in a well-connected area while benefitting from the additional income.

The property sits on a generous lot measuring 106 X 169 feet, providing ample outdoor space for tenants to enjoy. Although there is no pool or garage space, the private driveway accommodates up to six vehicles, ensuring that parking will never be an issue for residents or guests. The lack of a central vacuum system and air conditioning may be considered drawbacks, but the finished basement offers additional living space, which can be utilised in various ways.

Inside, this Multi-Family Home for sale in Peterborough boasts a total of 14 rooms, including two dens and three bathrooms. The two kitchens are a fantastic feature, allowing for flexibility in living arrangements and catering to the needs of tenants. While there is no family room or fireplace, the spacious layout of each apartment compensates for this, providing a comfortable living environment.

The property is connected to municipal water and sewer systems, ensuring that essential services are readily available. Internet access is also included, which is a must-have for modern living, especially for tenants who may work from home or require connectivity for leisure activities.

Living at 554 Crystal Drive, Peterborough, means being close to all the amenities you could possibly need. The south end triplex is conveniently located near public transit and Highway #115, making commuting a breeze for residents. This accessibility is a significant selling point, as it attracts a diverse range of tenants looking for convenience and ease of travel.

In summary, this Multi-Family Home for sale in Peterborough is an excellent investment opportunity for anyone looking to enter the rental market or expand their property portfolio. With its prime location, recent renovations, and spacious apartments, this property is sure to attract interest. Don't miss out on the chance to own this fantastic multiplex at 554 Crystal Drive, Peterborough. Whether you're an experienced investor or a first-time buyer, this property offers the potential for a lucrative return on investment.

Act quickly, as opportunities like this don't come around often. With the main floor apartment becoming available soon and the potential for rental income from the other two units, this Multi-Family Home for sale in Peterborough is a chance you won't want to pass up.

Ashburnham Ward 4, located within the city of Peterborough, offers a charming blend of suburban tranquillity and urban convenience. This residential area is characterised by its leafy streets, well-maintained parks, and a variety of housing options, making it an appealing choice for families and professionals alike. The ward is well-connected to the city centre, providing easy access to shops, restaurants, and local amenities, while also benefiting from a strong sense of community spirit. With its proximity to schools and recreational facilities, Ashburnham Ward 4 presents an inviting environment for those seeking a balanced lifestyle in a vibrant city.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is St. Patrick Catholic Elementary School, situated just 0.8 km away. This elementary school serves grades JK to 8 and operates under the Peterborough Victoria Northumberland and Clarington Catholic District School Board, offering a Catholic education in English. For secondary education, residents have access to two nearby schools: Holy Cross Catholic Secondary School, located 4.6 km away, and St. Peter Catholic Secondary School, 4.7 km from the property. Both secondary schools also fall under the same school board and provide a Catholic education, with Holy Cross offering grades 9 to 12 in English, while St. Peter serves grades 9 to 12 in French. Although the schools currently do not have a rating, their Catholic affiliation and the range of grades available make them appealing options for parents seeking quality education for their children. The proximity of these schools enhances the property's appeal, providing families with accessible educational resources within a short distance.