710 Cameron Street

Introducing a remarkable opportunity in the heart of Peterborough, specifically at 710 Cameron Street, Peterborough. This impressive detached house is a prime investment for those seeking a cash-flowing asset in the desirable Otonabee Ward 1. With its unique legal non-conforming duplex configuration, this property is not just a house for sale in Peterborough ; it is a lucrative venture for both seasoned investors and first-time buyers alike.

This well-maintained 1½ storey home boasts an exterior of vinyl siding and brick, presenting a charming façade that complements its family-friendly neighbourhood. Spanning a generous 50 x 129 feet, the property features a fully fenced lot, providing both privacy and security. The house for sale in Peterborough is ideally situated close to essential amenities, including schools, parks, shopping facilities, and public transport, with easy access to the highway and downtown Peterborough.

Inside, the property offers a total of ten rooms, comprising four spacious bedrooms and two additional rooms that can serve as versatile spaces for a den or home office. The three kitchens, although not supplemented by an additional kitchen, ensure that each unit has the necessary facilities for comfortable living. The main floor and basement unit, featuring two bedrooms and one bathroom, is currently rented for £1,750 per month. The upper unit, also with two bedrooms and one bathroom, brings in an additional £1,100 per month, while the back in-law suite, a charming studio/bachelor setup, generates £1,000 monthly. This robust rental income totals an impressive £3,850 per month, plus utilities, making this house for sale in Peterborough a strong contender for anyone looking to invest wisely.

The property is equipped with central air conditioning, ensuring a comfortable environment throughout the warmer months. While there is no central vacuum system or fireplace, the home is designed for practicality and efficiency. The heating is provided by a forced air system, and the property is connected to municipal water and sewer services. The partially finished basement offers potential for further development, while the absence of a garage and driveway is offset by the availability of parking space for up to three vehicles.

Recent updates to the property enhance its appeal and functionality. A new furnace was installed in 2025, along with updated windows in the upper and basement units. The lower unit has been refreshed with new paint and smooth ceilings, while the upper unit boasts a fully renovated kitchen and bathroom, completed in 2025, alongside an updated lower bathroom from 2024. These improvements not only elevate the living experience but also ensure that tenants are satisfied and require no additional upgrades.

This house for sale in Peterborough is not merely a property; it is a well-established investment opportunity. All tenants are on month-to-month leases, consistently paying their rent on time or even early, and they are keen to remain in their homes. This stability is a testament to the desirability of the location and the quality of the accommodation provided.

In conclusion, 710 Cameron Street, Peterborough, stands out as one of the most attractive income properties in the area. Whether you are seeking a smart house-hack opportunity or a strong cash flow investment, this property meets all the criteria. Don't miss out on the chance to own this exceptional house for sale in Peterborough. Book your showing today and explore the potential that this remarkable home has to offer.

Otonabee Ward 1, located within the city of Peterborough, offers a picturesque blend of natural beauty and suburban charm, making it an attractive option for prospective residents. Nestled alongside the Otonabee River, the area boasts ample green spaces, parks, and scenic trails, perfect for outdoor enthusiasts and families alike. The neighbourhood features a mix of residential options, from charming single-family homes to modern apartments, catering to a diverse demographic. With convenient access to local amenities, schools, and public transport, Otonabee Ward 1 provides a tranquil yet connected lifestyle, ideal for those seeking a welcoming environment close to nature and urban conveniences.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find St. John Catholic Elementary School, just 1.2 km away, offering grades JK to 8 in English. For secondary education, Holy Cross Catholic Secondary School is located 2.1 km from the property, providing grades 9 to 12, also in English. Additionally, St. Catherine Catholic Elementary School, situated 3.7 km away, offers a French language curriculum for grades JK to 8. For older students, St. Peter Catholic Secondary School is also 3.7 km from the property, delivering 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 emphasize a Catholic education. While the schools currently do not have a rating, their proximity to the property is a significant advantage for families seeking quality education options within a reasonable distance. This accessibility to various educational facilities enhances the appeal of the property, making it a great choice for those prioritizing education in their home search.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 585 residents, with an average household size of 2. The demographic profile indicates a mature community, with an average age of 47.4 years. The average household income stands at $73,000, reflecting a relatively stable economic environment, although 11.6% of the population is classified as low-income. The average property price in the area is $428,000, suggesting a moderate real estate market. Approximately 50.94% of the residents are single, while 23.53% live in households with children, indicating a mix of family types. The community has a small immigrant population, accounting for 5.74%, and a significant proportion of renters at 39.34%. Notably, there are no condominiums in the area, which may appeal to buyers looking for single-family homes. Educational attainment is relatively high, with 42.34% of residents holding a college or university degree. However, a significant portion of the population, 52.25%, is not in the labor force, which may influence local economic dynamics. Overall, this area presents a unique blend of demographics, making it an interesting option for potential homeowners or investors.