52 Victoria Avenue N

Downtown Peterborough K9H 4W1

Cash flow is back and so is historic charm! Live in main home (1550 sq ft!) and earn rental income from the legal 2-storey accessory unit - or rent out both and cash flow from Day 1. Whether you're an investor, a homeowner looking for mortgage help, or even planning a student rental, this one delivers. This beautiful brick 2-storey home offers a rare blend of character and functionality. Step inside to find stained glass windows, high baseboards, hardwood floors, curved walls, and even copper ceiling tiles in the foyer. The main unit is perfect for families, featuring 3 spacious bedrooms on the second floor, 1 additional bedroom on the main level, a large 5-piece bathroom upstairs, and a convenient powder room on the main floor. The hickory kitchen offers plenty of prep space with an island and walkout to the back deck, while the formal dining room is perfect for family dinners and entertaining. Relax on the covered front veranda with original gingerbread trim - a cozy spot to unwind and enjoy the charm of this timeless property. The legal accessory unit spans two storeys and includes 2 bedrooms, 2 full bathrooms, 2 kitchens, 2 gas fireplaces, and ensuite laundry, offering flexibility for rental income or multi-generational living. Downstairs, you'll find a full-height basement offering ample room for storage, tools, or seasonal items. Outside, there's parking for 5+ vehicles, making it easy to accommodate both homeowners and tenants alike. Convenient location close to shopping, public transit, parks, and Hwy access. Prime location just 10 minutes from Trent University and Fleming College making this an excellent option for student housing and maximizing rental potential. This is a lot of house for the price - character, income potential, and size all in one. Book your private showing today and see the value for yourself!