Proximity to the Otonabee River in 306 Simcoe, Peterborough

Proximity to the Otonabee River in 306 Simcoe, Peterborough

Welcome to a remarkable **property for sale in Peterborough (Downtown)** that perfectly blends classic charm with modern convenience. Nestled in the heart of Peterborough, this stunning 2.5-storey century home at 306 Simcoe St boasts five spacious bedrooms and 1.5 baths, making it an exceptional choice for families, investors, or anyone looking to embrace the vibrant downtown lifestyle.

Investment Opportunity Awaits

This property is not just a house; it’s a thriving investment opportunity! Currently tenanted until May 1, this home generates a robust gross income of $4,100 per month, providing a solid return on investment. With its proximity to Trent University and Fleming College, this property is ideally suited for student rentals or a multi-tenant setup, ensuring consistent demand and a lucrative rental income. The potential is further enhanced by the nearby Peterborough Regional Health Centre (PRHC), making it a desirable location for medical professionals and students alike.

Charming Features and Modern Amenities

Step inside to discover a blend of historic elegance and modern amenities. The home features forced air heating powered by natural gas, ensuring comfort year-round. The exterior showcases a classic brick façade complemented by durable vinyl siding, providing both aesthetic appeal and low maintenance. Inside, you’ll find spacious rooms flooded with natural light, perfect for family gatherings or entertaining guests. The property is equipped with essential appliances, including a washer, dryer, refrigerator, and stove, making it move-in ready for new owners or tenants.

Living in downtown Peterborough means enjoying a lifestyle filled with convenience and vibrancy. Just steps away from your front door, you’ll find an array of shops, cafes, and restaurants, offering everything from local artisan goods to gourmet dining experiences. The neighborhood is rich in culture and community, with numerous parks and recreational opportunities close by. Whether you’re strolling along the scenic waterfront or enjoying local events, there’s always something to engage and inspire you in this dynamic area.

Don’t miss out on this incredible **property for sale in Peterborough (Downtown)**. With its ideal location, strong rental potential, and charming features, this home is a fantastic addition to any real estate portfolio. Schedule a viewing today and take the first step towards making this remarkable property your own!