Fully updated bungalow with a legal secondary apartment in Peterborough's North end, offering strong appeal for investors or buyers seeking a mortgage helper. The main level features a functional 3-bedroom 1-bathroom layout with new hardwood flooring throughout and fully updated kitchen complete with modern cabinetry and quartz countertops. The bright, spacious lower level has been professionally converted into a legal 2-bedroom, 1-bathroom secondary suite, featuring a separate entrance. This self-contained unit includes its own kitchen, living space, and was constructed with proper permits and city approval, making it well-suited for consistent rental incomes. This all brick home offers approximately 1,050 sq ft above grade, newer furnace and central air (2018), and on demand hot water tank. Additional updates include electrical improvements, tiled flooring in the entryways and laundry area, and overall finish upgrades that make the property move-in ready for both owners and tenants. Situated on an accessible residential street just off Chemong Road, the property provides quick access to shopping, restaurants, schools, and all major amenities. It is also located on a city bus route, adding significant value for tenants, particularly Trent and Fleming students. With a legal two-unit configuration, updated interior, and strong location fundamentals, this property presents a turnkey opportunity for investors or buyers looking to offset their cost of ownership with rental income.