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Investor opportunity in the heart of downtown Peterborough. Ideally located within walking distance to the city's main strip, with convenient access to the hospital, schools, and local amenities. This property presents exceptional development potential, having previously received conditional approval for severance.An excellent opportunity for builders and investors. Explore the potential to create two separate homes, or maximize returns with a duplex or triplex build (buyer to complete due diligence). A rare chance to secure a versatile propert
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30 Year , 3.99% interest


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Introducing a remarkable opportunity to acquire a house for sale in Peterborough , situated at 994 Western Avenue, Peterborough. This detached bungalow is an investor's dream, strategically located in the vibrant Otonabee Ward 1, just a stone's throw from the city's bustling main strip. The property boasts an impressive lot size of 60 x 122 feet, offering ample space for potential development. With a history of conditional approval for severance, this house for sale in Peterborough presents exceptional prospects for builders and investors alike.
The property features two well-proportioned bedrooms, making it ideal for a small family or as a rental unit. While there is no den, the layout of the house allows for flexibility in use, accommodating various living arrangements. The single bathroom is conveniently located, serving the needs of the household efficiently. The kitchen, though modest, is functional and serves as the heart of the home, providing a space for culinary creativity.
As you explore this house for sale in Peterborough, you'll appreciate the simplicity and practicality of its design. The total of six rooms ensures that there is enough space for comfortable living without overwhelming maintenance demands. The absence of a family room might be seen as a limitation, but it opens up possibilities for creative use of the existing space, whether for a home office or a hobby room.
The exterior of the property is clad in durable vinyl siding, ensuring low maintenance while providing an attractive facade. Although there is no garage, the private driveway accommodates up to three vehicles, a significant advantage in this central location. The absence of a pool and fireplace may be noted, yet these features can be easily added or modified according to the buyer's vision for the property.
The house for sale in Peterborough is serviced by municipal water and sewer, which adds to the convenience of living in this well-connected area. While there is no central vacuum system or air conditioning, the forced air heating will keep the home warm during the colder months. The crawl space basement offers additional storage options, ensuring that the living areas remain uncluttered.
This property is unfurnished, providing the new owner with a blank canvas to personalise the space according to their tastes and preferences. The absence of additional land, while limiting expansion, allows for a focused development strategy, particularly given the previous approval for severance. This is an excellent opportunity for those looking to create two separate homes or maximise returns through a duplex or triplex build—subject to the buyer completing their due diligence.
In summary, this house for sale in Peterborough at 994 Western Avenue, Peterborough, is a rare find in a prime location. With its potential for development and investment, it stands out as a versatile property in a central area. The proximity to essential amenities such as hospitals, schools, and local shops enhances its appeal, making it an attractive option for both investors and homebuyers.
Seize this unique chance to secure a property with significant potential. Whether you envision a family home or an investment opportunity, this house for sale in Peterborough is worthy of your consideration. Don't miss out on the opportunity to explore the possibilities that 994 Western Avenue, Peterborough has to offer—this could be the perfect addition to your property portfolio or the ideal home you've been searching for.
Otonabee Ward 1, located within the vibrant city of Peterborough, offers a picturesque blend of natural beauty and suburban charm. Nestled along the banks of the Otonabee River, this area boasts lush green spaces, scenic trails, and a strong sense of outdoor community life. Residents enjoy easy access to local amenities, including shops, schools, and recreational facilities, all while being just a short distance from the bustling city centre. The ward is characterised by its friendly atmosphere and diverse neighbourhoods, making it an ideal place for families and individuals alike to settle down and experience the warmth of community living amidst the tranquillity of nature.
This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest is St. Alphonsus Catholic Elementary School, situated just 0.2 km away, offering education from Junior Kindergarten to Grade 8 in English. For secondary education, Holy Cross Catholic Secondary School is 1.7 km from the property, serving grades 9 to 12, also in English. Additionally, St. Catherine Catholic Elementary School, located 2.2 km away, provides a French-language curriculum for students from JK to Grade 8. For older students, St. Peter Catholic Secondary School, also 2.2 km away, offers a French-language program for grades 9 to 12. All these schools are part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board, ensuring a consistent educational standard. While the schools currently do not have a specific rating, their proximity and range of programs in both English and French cater to diverse educational needs, making this property an attractive option for families seeking quality education for their children.
This property features 1 bathroom(s) and 2 bedroom(s).
This Detached property does not have an additional bedroom or a den.
The total square footage of this Detached 2 bed property in Peterborough is 700 - 1100.
994 Western Avenue boasts 3 convenient parking spaces.
This property does not feature a garage.
Information about the garage type is not provided.
Yes, this property has a basement.
This property features Crawl Space basement.
It is not specified whether this property has a swimming pool.
There is no fireplace in this property.
This property includes 1 kitchen(s).
Information about the maintenance fee is not available.
Information about whether this property is furnished is not available.
The heating system in place is a Forced Air.
This property include following utilities : Gas, Electricity.
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