818 ORPINGTON ROAD
Peterborough (Otonabee Ward 1), Ontario
MLS® X14094158
$529,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14094158
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- —
1 / 10Listing description
INVEST, LIVE, OR BOTH! Welcome to 818 Orpington, a fantastic opportunity to own a fully tenanted, legal two-unit property offering immediate rental income and long-term flexibility. Generating $4,148 per month in gross rental income ($49,776 annually), this property features a beautifully updated main-floor unit currently renting for $2,349/month and a legal lower level apartment with a separate entrance renting for $1,799/month.
Whether you're an investor looking to expand your portfolio or a future homeowner interested in living in one unit while rental income from the other helps offset mortgage costs, this property offers options to suit your goals. The updated upper level showcases modern finishes and a welcoming living space, while the self-contained lower apartment provides additional income potential. Situated near a quiet cul-de-sac, backing onto greenspace and a walking trail, the property offers an appealing balance of convenience and natural surroundings.
Enjoy proximity to schools, shopping, parks, public transit and easy access to Highway 115. With potential for an additional coach house, subject to municipal approvals, there may be further opportunities to maximize the property's value. Two legal units, established rental income and future potential - 818 Orpington is an opportunity worth exploring!
Additional income and property details are available.
Property summary
- MLS® number
- X14094158
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 40 x 108.9 FT
- Annual property taxes
- $4,383.07
- Parking
- 4 spaces · No Garage
- Days on market
- 14 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Apartment in basement, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
- Exterior features
- Brick, Aluminum siding
- Architectural style
- Bungalow
What would this home cost you?
Based on the $529,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 United Realty Inc., Peterborough.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.