Welcome to 265 Stewart Street, a Victorian-era duplex in downtown Peterborough offering immediate rental income and considerable future potential.

Currently operating as an investment property, the two separate units generate a combined monthly income of $3,200, providing the flexibility to maintain the existing arrangement or undertake a complete renovation.

The main level features hardwood flooring, newer windows and a spacious living room with room for a dining area. The eat-in kitchen includes laminate flooring, a breakfast area and a convenient side entrance, while the adjoining laundry area is equipped with newer machines. A recently renovated 3-piece bathroom offers tile flooring, a vanity and a separate shower.

Upstairs, generous bedrooms are complemented by a 4-piece bathroom with tile flooring, a vanity and a frosted privacy window. One bedroom includes vinyl flooring, a sink and pantry, creating the potential for a second kitchen with the addition of appliances.

The partially finished basement offers above-grade windows, a recreation area and a cold room, providing additional space for storage, future living accommodations or further customization. Recent utility improvements include central air conditioning, a hot water tank and a furnace motor, while LED lighting contributes to improved energy efficiency.

Outside, a private laneway provides parking for 4 vehicles. The large, fully fenced backyard includes planters and a garden shed, with ample space to create a private outdoor retreat.

Located near the Otonabee River, Little Lake, James Stevenson Park, Nicholls Oval Park, golf courses, schools, Peterborough Regional Health Centre and the shops, restaurants, galleries and cultural attractions of downtown Peterborough. Public transit and convenient access to the Trans-Canada Highway place everyday amenities and regional travel within easy reach.

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