551 King Street, Peterborough, ON

$349,900
MLS#:X9230260
5 beds
2 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] detached located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $349,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 29 x 186 ft lot
  • Features a ["unfinished", "walk-up"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Located in the heart of the "Avenues" heritage district, a sought after leafy neighbourhood of beautiful Century Homes; just minutes to the downtown restaurant district, PRHC, trails and parks. A thorn between two roses - this is a contractor's special. Original and in need of renovation : large 3 bedroom, sun porch, 29' x 186' lot, huge backyard, garage, a classic 2.5 storey. With this low starting point your end product will be everything you want it to be and brand new ! These opportunities do not come up often in this area. Don't delay.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 9, 2024
Sold price information is available to members only
Listed Date7/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionBrick
BasementUnfinished, Walk-Up
Lot Size29 × 186 Feet
CountyPeterborough
Annual Tax$4,382.32
Legal DescriptionPT LT 14 PL 56 PETERBOROUGH AS IN R116264, T/W R116264; PETERBOROUGH

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital, Park, Library, Place Of Worship, School

Interior Features

None

Security Features

Community Features

Location

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551 King Street, Peterborough, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 551 King Street, Peterborough, ON K9J 2T4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$279,920
Monthly Mortgage$1,626
Property Tax (Est.)$365
Utilities & Maint.$350
Total Monthly Cost$2,341

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Peterborough.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Town Ward 3, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$586,292

People & Families

Age Distribution

Household Composition

One-person households
29%
Families with children
36%
Couples without children
32%
Other households
3%

Top Ethnic Origins

English33%
Irish30%
Scottish25%
Canadian17%

Local Schools Guide

Elementary Schools

Queen Mary
Public1445 Monaghan Road, Peterborough, Ontario, K9J 5M8
4.0
Prince of Wales
Public1211 Monaghan Road, Peterborough, Ontario, K9J 5L4
4.1
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9
Highland Heights
Public430 Highland Road, Peterborough, Ontario, K9H 5J7
4.6
St Anne
Public240 Bellevue Street, Peterborough, Ontario, K9H 5E5
6.0

Secondary Schools

St. Peter’s
CatholicPeterborough, Ontario
6.7
Adam Scott
Public175 Langton Street, Peterborough, Ontario, K9H 6K3
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.