Otonabee Ward 1 · K9J 1Y2
$599,800
$857 / sq ft3 weeks on market
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Beautiful home with opportunity to add rental income to help pay down your mortgage! No current tenants, so you can set your own direction. A rare opportunity in the city offering space, versatility and income potential. Set on an impressive deep lot, this property features a legal accessory suite, making it an excellent option for first-time buyers looking to offset mortgage costs with rental income, investors, or those seeking multi-generational living. The private lower-level suite offers a bright and spacious family room, bedroom, kitchen, 4-piece bathroom, laundry and utility space. The main home is filled with character, featuring hardwood floors, a welcoming sunroom, a kitchen overlooking the backyard, main-floor laundry, two upper-level bedrooms and a 4-piece bathroom. Outside is where this property really STANDS apart. The expansive backyard offers plenty of room for kids and pets to play, mature trees, perennial gardens and space to relax or entertain. A detached garage and generous parking provide excellent possibilities for a handyman, hobbyist, mechanic, workshop or simply anyone needing extra vehicle and storage space. Conveniently located within walking distance of downtown Peterborough, Del Crary Park, the Farmers' Market and transit, with easy access to Highway 115. A property with room to live, work and generate income - all in the city.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 54% of comparable detached listings in Otonabee Ward 1 are asking less.
Based on 46 comparable active detached listings in Otonabee Ward 1. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $599,800. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Royal Lepage Proalliance Realty. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX HALLMARK EASTERN REALTY
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Listing courtesy of RE/MAX HALLMARK EASTERN REALTY