Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $579,900 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.
Charming 1.5 storey home on a quiet street in central Peterborough, just a short walk to shopping, parks, schools and everyday amenities. The bright main floor features an inviting living and dining area, spacious kitchen with gas stove, office, bedroom and convenient main floor laundry. Upstairs offers a cozy primary suite with abundant storage. The lower level has a separate entrance and a fully contained in-law suite with two bedrooms, a kitchenette, a living and dining area and its own laundry - ideal for extended family or income potential. Enjoy a large fenced yard with a double wide paved driveway with parking for six vehicles. A fantastic opportunity in a prime central location. Updates include a new furnace and AC in 2019, an egress window in 2021, electrical and plumbing updates in 2021, a new kitchen counter, sink, and dishwasher in 2021, exterior waterproofing in 2023, a bathroom and main floor laundry remodel in 2025, and interlock walkway, landscaping and paved drive between 2023 and 2025.
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Fenced Yard, Hospital, Park, Public Transit, School, School Bus Route
In-Law Suite
Smoke Detector
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Data-driven valuation for 129 Arthur Avenue, Peterborough, ON K9J 5X7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.
About Purchasing a Home in Peterborough, ON
For a property listed at $579,900 in Peterborough, the legal minimum down payment is $32,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,073 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,073.
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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.