581 Arndon Avenue

ActivePeterborough · Otonabee Ward 159 days on marketMLS® X13416644

$499,900

$714 / sq ft

Bedrooms3

Bathrooms2

Interior700 sq ft

TypeSingle Family Home

ListingFor Sale

Days on Market59

About this property

Charming Character Home with Exceptional Investment Potential!Welcome to this delightful 1.5-storey home, originally built in the 1950s and full of warmth, charm, and timeless character. Situated in a highly desirable neighbourhood in Peterborough, this well-located property offers an outstanding opportunity for families, investors, or those seeking multi-generational living.Featuring 3 spacious bedrooms and 2 bathrooms, this home provides a functional layout with plenty of natural light and inviting living spaces. The separate side entrance offers excellent potential for a future in-law suite or duplex conversion (subject to municipal approvals), making it an attractive option for income generation or extended family accommodation.Outside, you'll find a generous rear yard with ample space for entertaining, gardening, children, or pets, along with the convenience of a covered carport. The location is hard to beat-close to schools, shopping, public transit, parks, and everyday amenities, with easy access to Costco Wholesale and nearby educational institutions, making it particularly appealing for student housing opportunities.Whether you're looking for a family home, an investment property, or a residence with future development potential, this charming character home delivers outstanding value in one of Peterborough's most convenient locations.Highlights:* Charming 1950s-built character home* 1.5-storey design* 3 bedrooms, 2 bathrooms* Separate side entrance with duplex/in-law suite potential* Large private rear yard* Covered carport* Excellent family-friendly neighbourhood* Ideal for families, investors, or student rentals* Close to schools, shopping, transit, parks, and Costco* Strong income and future value-add potentialA rare opportunity to own a character-filled home with flexibility, location, and investment potential all in one package.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X13416644
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	700 sq ft
Beds / Baths	3 bed · 2 bath
Neighbourhood	Otonabee Ward 1
City	Peterborough
Postal Code	K9J 4A9
Province	ON
Listed Date	June 8, 2026
Days on Market	59
Price per Sq Ft	$714
Brokerage	SUTTON GROUP INCENTIVE REALTY INC.