Single family home with student rental potential. Near the heart of Peterborough, with great central location bordering on "the Avenues"- known for historic century homes with character! Potential here for student living with excellent and much sought-after Trent University and Fleming College in the city and good local transportation bus routes nearby to get you to either one! Walk to downtown shopping, entertainment, parks, farmer's markets, hospital, clinics, schools, eclectic restaurants and all the amenities that small City Life has to offer. This character home's main floor has a kitchen with granite counters and walk-out to private back yard, formal dining room, living room and convenient bath/laundry room with cork flooring and an old-fashioned claw foot tub. The upper level has a three piece bath, three bedrooms, and a common living/rec. room/or office area. This solid home has had many upgrades over the past few years including mostly modern windows, upgrades to plumbing and electrical, central air, new shingles (2022), and a new forced air natural gas furnace (2022). There is also lots of dry storage space in the neat and tidy basement area. With an easy access from the kitchen there is an oasis-like private back yard and patio area loaded with fruit trees, perennials, and mature shrubs to enjoy those summer evenings, raised box planters for all your vegetables as well! Fully fenced with gates for pets. There are many options with this property: Great single family home, shared extended family set-up, potential student income property and more! City zoning of R1, R2, R3, R4 and R5.