238 Mcfarlane Street, Peterborough, ON

$497,900
MLS#:X13098216
3 beds
1 baths
< 700 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ashburnham Ward 4. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $497,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 64.53 x 99.89 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Storage, Floor Drain
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Much sought after East City starter! Beautiful brick bungalow in the heart of East City! Located within an easy walk of the cafe district and a very short walk away from the canal, walking/biking trails, public parks and the world famous Peterborough Liftlocks! You'll love walking to Hunter Street for shopping and dining, or perhaps a short bike to the Canadian Canoe Museum for a latte. Take in the Folk festival or free summer concerts by the lake or head towards Trent University by biking trail, just a short stroll away. The home features upstairs a large dining/living area, newly renovated 3 piece bathroom, two generously sized bedrooms with closets and a kitchen with walk-out to the deck, perfect for BBQing! The lower level is finished with another bedroom (or office) and laundry area. Beautiful flat, large fenced-in private back yard! Updates include new tub/shower from Peterborough bath fitters (2022), updated attic insulation (2020), new windows (2021), Refrigerator, Stove, Washer & Dryer (2023) Don't miss this opportunity to purchase the perfect starter home in beautiful East City Peterborough.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 29, 2026
Sold price information is available to members only
Listed Date5/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished
Lot Size64.53 × 99.89 Feet
CountyPeterborough
Annual Tax$3,821
Legal DescriptionPT LT 27 PL 22A VILLAGE OF ASHBURNHAM; PT LT 28 PL 22A VILLAGE OF ASHBURNHAM AS IN R579985; PETERBOROUGH CITY.

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Fenced Yard, Park, Place Of Worship, School, Public Transit

Interior Features

Primary Bedroom - Main Floor, Storage, Floor Drain, Upgraded Insulation, Water Heater, Water Meter

Security Features

Community Features

Location

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238 Mcfarlane 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 238 Mcfarlane Street, Peterborough, ON K9H 1K3

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.

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Interest Rate5.25%
Down Payment$24,895 (5.0%)
* Minimum Canadian down payment required for this price is $24,895.
Amortization Period25 Years
Estimated Monthly Payment$2,819Based on a loan of $473,005 over 25 years.
Purchase Price$497,900
Loan Amount$473,005
Provincial Land Transfer Tax:$6,433
Total Estimated Closing Taxes:$6,433

About Purchasing a Home in Peterborough, ON

For a property listed at $497,900 in Peterborough, the legal minimum down payment is $24,895 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 $6,433 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 $6,433.

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 Ashburnham Ward 4, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$660,793

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

Kaawaate East City
Public220 Hunter Street East, Peterborough, Ontario, K9H 1H1
5.3
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9
Monsignor O'Donoghue
Public2400 Marsdale Drive, Peterborough, Ontario, K9L 1R4
5.7
Queen Elizabeth
Public830 Barnardo Avenue, Peterborough, Ontario, K9J 5V9
5.9
St Anne
Public240 Bellevue Street, Peterborough, Ontario, K9H 5E5
6.0

Secondary Schools

Adam Scott
Public175 Langton Street, Peterborough, Ontario, K9H 6K3
5.3
Thomas A Stewart
Public1009 Armour Road, Peterborough, Ontario, K9H 7H2
4.5
St. Peter’s
CatholicPeterborough, Ontario
6.7

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.