245 King George Street, Peterborough, ON
Property no longer active
This property was sold on October 24, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,000 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.
- 4 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 50 x 119 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient carport configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 245 King George St. in Peterborough's South End. This beautiful all Brick bungalow shows pride of ownership both inside and out. This curb appeal will definitely catch your eye. The back yard Oasis and Shelter will occupy your outside time as you enjoy pool side enjoyment with a large outside deck and covered shelter for those sunny afternoons. Located close to the Lansdowne corridor for all of your shopping needs and the new Misken arena. The main level has a very functional centre floor plan and the lower level has a large family room for larger entertaining and family fun. Recent upgrades include: New pool liner, chlorinator and robot pool cleaner (2025), New Patio door, Siding and Dormer (2024), New eaves trough, fascia and soffits (2023), New AC (2019), New 25 year shingles in 2017. Put this home at the top of your list.
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Property Summary
This detached home located at 245 King George Street, Peterborough is currently for sale and has been available on SousaSells for 297 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 4 beds, 1 bathroom, and is 700-1100 square feet. 245 King George Street, Peterborough is in the Otonabee Ward 1 neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Otonabee Ward 1, Peterborough.
- •4 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Otonabee Ward 1, Peterborough.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 245 King George Street, Peterborough, ON
Q.What is the asking price for 245 King George Street, Peterborough, ON ?
The current listing price for 245 King George Street, Peterborough, ON in Otonabee Ward 1, Peterborough is $499,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 245 King George Street, Peterborough, ON ?
245 King George Street, Peterborough, ON is a Detached (Bungalow-Raised) featuring a Full, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Carport).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 245 King George Street E, Peterborough, ON K9J 1R7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Peterborough, ON
For a property listed at $499,000 in Peterborough, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.