939 Dainard Drive

Welcome to this versatile raised bungalow, a remarkable house for sale in Peterborough , located at 939 Dainard Drive, Peterborough. This property is situated in the highly sought-after Monaghan Ward 2, making it an ideal choice for those looking to enjoy the vibrant community while being conveniently close to essential amenities. The house for sale in Peterborough boasts a prime location near public transit, Highway 115, Fleming College, parks, and schools, ensuring that everything you need is within easy reach.

As you approach 939 Dainard Drive, Peterborough, you will notice the charming exterior, which features a combination of brick and vinyl siding. This detached bungalow is not only aesthetically pleasing but also practical, with a well-thought-out layout that maximises the use of space. The property encompasses a total of six rooms, including two bedrooms and a den on the main level, along with an additional kitchen that enhances its functionality.

The main level of this house for sale in Peterborough is owner-occupied and features two generously sized bedrooms, providing ample space for relaxation. The bathroom is well-appointed, and the living spaces are bright and welcoming, enhanced by new flooring and pot lights that create a modern atmosphere. The convenience of in-suite laundry adds to the appeal of this level, making daily living effortless.

One of the standout features of this property is the legal accessory apartment located in the finished basement. This separate unit comprises three bedrooms and one bathroom, complete with its own private entrance and in-suite laundry facilities. Currently rented at $1,675 per month, all-inclusive, this apartment presents an excellent opportunity for investors or first-time homebuyers looking to offset mortgage costs. The flexibility of this house for sale in Peterborough allows you to live in one unit while renting out the other, or to lease both for a strong income stream.

At 939 Dainard Drive, Peterborough, you will find numerous updates that provide peace of mind for potential buyers. Recent improvements include a new roof installed in 2019, a furnace replaced in 2022, and a brand-new air conditioning system added in 2023. The smart thermostat and smart lighting features, along with various energy-efficient upgrades, ensure that this home is not only comfortable but also cost-effective to maintain.

The property sits on a spacious lot measuring 40 by 100 feet, providing ample outdoor space for various activities. Although there is no pool or garage, the private double driveway offers parking for up to four vehicles, making it convenient for families or guests. The lack of a central vacuum system and family room may be seen as limitations, but the overall layout and design of the house compensate for these aspects, providing a practical living environment.

This house for sale in Peterborough offers exceptional flexibility, making it suitable for a range of buyers, including families seeking multi-generational living arrangements. With vacant possession available, you have the freedom to move in immediately or set your own rental rates for the accessory apartment. The adaptability of this property, combined with its unbeatable location, makes it a truly attractive option for anyone looking to settle in Peterborough.

In summary, 939 Dainard Drive, Peterborough, is a remarkable house for sale in Peterborough that presents a unique opportunity for both investors and families alike. With its well-maintained features, prime location, and potential for income generation, this property is not to be missed. Whether you are looking to live in one unit and rent the other or simply want a spacious home in a thriving community, this raised bungalow is the perfect choice for you. Don't hesitate to explore this exceptional offering in the heart of Peterborough!

Monaghan Ward 2, located within the vibrant city of Peterborough, offers a unique blend of suburban charm and urban convenience. This area is characterised by its diverse residential neighbourhoods, well-maintained parks, and a variety of local amenities, making it an appealing choice for families and individuals alike. With easy access to public transport and major roadways, residents can enjoy a seamless commute to the city centre while benefiting from the tranquillity of a more laid-back environment. The ward is also home to several schools, shopping facilities, and recreational spaces, fostering a sense of community spirit amidst its picturesque surroundings. Whether you’re looking for a quiet place to settle down or a lively area with plenty of activities, Monaghan Ward 2 has something to offer everyone.

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. Catherine Catholic Elementary School, just 2.2 km away, offering grades JK to 8 with instruction in both English and French. For secondary education, Holy Cross Catholic Secondary School is located only 1.5 km from the property, catering to students in grades 9 to 12, also in English. Additionally, St. Peter Catholic Secondary School is situated 4.2 km away, providing a French-language curriculum for high school students. 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 currently not available, the proximity of these schools ensures that educational options are readily accessible for your children. This community-centric environment, combined with the variety of schooling options, enhances the appeal of this property for potential buyers looking to settle in a family-friendly neighborhood.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 576 residents, with an average household size of 2.2 individuals. The community is characterized by a median age of 44.5 years and an average household income of $88,000, indicating a relatively affluent demographic. Notably, only 7.2% of the population is classified as low-income, suggesting a stable economic environment. The average property price in the area is approximately $516,000, reflecting a competitive real estate market. The population is diverse, with 14.55% being immigrants, and a significant portion, 43.56%, identifies as single. Families are also present, with 30.56% of households having children. Renters make up 34% of the population, while 12% of the housing stock consists of condominiums. Education levels are high, with 61.46% of residents holding a college or university degree. However, a notable 29.17% of the population is not in the labor force, which may indicate a mix of retirees, students, or individuals not actively seeking employment. Overall, this area presents a blend of demographic characteristics that could appeal to various potential buyers and renters.