567 O'Connell Road

Nestled in the heart of the highly sought-after Otonabee Ward 1, this delightful house for sale in Peterborough at 567 O'Connell Road, Peterborough, is a solid brick bungalow that truly checks all the boxes. With its prime location just minutes away from the picturesque Otonabee River, major roadways including the A15 (Hwy 115), and an array of public amenities, this property is perfect for those who appreciate convenience and accessibility.

This charming home features three bedrooms, including a versatile den that can easily serve as a home office or guest room, along with two full bathrooms. With a total of seven rooms, including an additional kitchen in the finished basement, this house for sale in Peterborough is ideal for families, investors, or first-time buyers looking for rental income potential. The separate entrance to the basement, which has seen over £50,000 in upgrades, adds an extra layer of versatility, making it suitable for multigenerational living or as a rental space.

The exterior of the property is characterised by its robust brick façade, ensuring durability and a classic aesthetic. The lot measures a generous 44 x 97 feet, providing ample outdoor space for gardening or leisure activities. While there is no pool or fireplace, the home does boast central air conditioning, ensuring comfort throughout the warmer months. Additionally, the property features a detached garage that accommodates one vehicle, along with a driveway that offers parking space for up to three cars.

Inside, the house for sale in Peterborough is unfurnished, allowing new owners to personalise the space to their taste. The heating system is forced air, and the home is connected to municipal water and sewer services, ensuring modern conveniences are at your fingertips. Although there is no central vacuum system or family room, the layout of the house allows for a spacious and inviting atmosphere.

The community surrounding 567 O'Connell Road, Peterborough, is vibrant and welcoming, making it an excellent choice for families and individuals alike. With schools, public transit, and major amenities just a stone's throw away, residents can enjoy the best of both worlds—peaceful suburban living with the hustle and bustle of city life within easy reach.

This property, built 51 to 99 years ago, has stood the test of time and is ready for its next chapter. Whether you are an investor looking for a property with income potential or a first-time buyer eager to make your mark, this house for sale in Peterborough offers a unique opportunity to own a piece of this desirable neighbourhood.

In summary, 567 O'Connell Road, Peterborough, is more than just a house; it’s a home filled with potential. With its spacious layout, modern upgrades, and prime location, it is an opportunity not to be missed. Be sure to explore this fantastic house for sale in Peterborough and see for yourself why it is one of the most appealing properties on the market today. Don’t hesitate—arrange a viewing and discover all that this lovely bungalow has to offer!

Otonabee Ward 1, nestled within the city of Peterborough, offers a picturesque blend of natural beauty and suburban charm. Bordered by the serene Otonabee River, this area is characterised by its lush green spaces, including parks and trails that invite outdoor enthusiasts to explore. The neighbourhood features a mix of residential options, from quaint family homes to modern developments, catering to a diverse range of residents. With convenient access to local amenities, schools, and public transport, Otonabee Ward 1 provides a tranquil yet connected lifestyle, making it an appealing choice for those seeking a harmonious balance between nature and community living.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest option is St. John Catholic Elementary School, just 0.6 km away, offering grades JK to 8 and providing education in English. For secondary education, Holy Cross Catholic Secondary School is located 2.4 km from the property, serving grades 9 to 12, also in English. Additionally, St. Catherine Catholic Elementary School, situated 3.5 km away, offers a French-language curriculum for grades JK to 8. For older students, St. Peter Catholic Secondary School is 3.2 km from the property and provides a French-language education for grades 9 to 12. All schools are part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board and are categorized as Catholic institutions. While the school ratings are not provided, the proximity to multiple educational options in both elementary and secondary levels ensures that families will have access to quality education within a short distance from home. This makes the property a compelling choice for those prioritizing education for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 422 residents, with an average household size of 2.2 individuals. The demographic profile indicates a mature community, with an average age of 43 years. The average household income stands at $76,500, reflecting a relatively stable economic environment, although 10.8% of the population is classified as low-income. The housing market shows an average price of $375,000, appealing to a diverse range of buyers. Notably, 51.39% of the population is single, and one-third of households (33.33%) include children, suggesting a family-friendly atmosphere. The area has a small immigrant population of 3.9%, and 22.22% of residents are renters, indicating a mix of ownership and rental opportunities. Interestingly, there are no condominiums available in the vicinity. Education levels are commendable, with 42.03% of residents holding a college or university degree. However, a significant portion of the population, 36.23%, is not in the labor force, which may influence the local economy and community dynamics. Overall, this demographic snapshot highlights a community that balances family life, education, and economic diversity.