485 Park Street, Peterborough, ON

$549,900
MLS#:X9017867
3 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
485 Park Street N, Peterborough, ON K9H 4R5
⚠️

Property no longer active

This property was sold on December 23, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $549,900 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 700-1100 sqft on a premium 34 x 100 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into a beautifully modern reinterpretation of a century-old home! The exterior catches the eye immediately, with its striking combination of cedar inlay and black metal cladding, creating a distinctive and contemporary look that stands out in the neighborhood. Inside, the home has been renovated to blend modern amenities with charming details that make it truly special. The main floor has been opened up entirely, featuring light maple floors that run seamlessly throughout. This expansive space offers a versatile living area that can be configured in multiple ways. It offers enough room to function as both a living and dining area, perfect for entertaining guests or enjoying family meals.The kitchen is a standout feature in both form and function. It boasts clean white cabinetry, a spacious maple block island, and quartz countertops. Custom open shelving provides both aesthetic appeal and practical storage and brand-new stainless steel appliances complete the sleek, modern look. Adjacent to the kitchen is the bright dining room, which has a door to the backyard. The backyard itself is a generous size, providing ample room for both play and gardening with existing raised garden beds. It's a private sanctuary where you can relax under the pergola which is made of reclaimed timber frames, entertain and enjoy the beauty of Jackson's Creek right at your doorstep. Upstairs, there are two good sized bedrooms and renovated 5-piece bath. There is an additional loft bedroom with built in storage. A great option for a primary escape or guest space. With its modern updates and thoughtful design, this home offers contemporary living in a historic setting.

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Property Summary

This detached home located at 485 Park Street, Peterborough is currently for sale and has been available on SousaSells for 759 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 485 Park Street, Peterborough is in the Town Ward 3 neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Town Ward 3, Peterborough.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Peterborough.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 19, 2024
Sold price information is available to members only
Listed Date7/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionWood
BasementUnfinished
Lot Size34 × 100 Feet
CountyPeterborough
Annual Tax$2,737.03
Legal DescriptionPT LT 12 PL 33 (PETERBOROUGH) & PT PK LT 14, TWP LT 13, CON 13, (NORTH MONAGHAN) AS IN R536418, T/W R536418 ; PETERBOROUGH

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Hospital
  • Library
  • Park
  • Public Transit
  • Place Of Worship

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 485 Park Street, Peterborough, ON

Q.What is the asking price for 485 Park Street, Peterborough, ON ?

The current listing price for 485 Park Street, Peterborough, ON in Town Ward 3, Peterborough is $549,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 485 Park Street, Peterborough, ON ?

485 Park Street, Peterborough, ON is a Detached (2 1/2 Storey) featuring a Unfinished basement.

Q.What key property features does 485 Park Street, Peterborough, ON offer?

Key property features include: Fenced Yard, Hospital, Library, Park, Public Transit, Place Of Worship.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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485 Park 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 485 Park Street N, Peterborough, ON K9H 4R5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Peterborough, ON

For a property listed at $549,900 in Peterborough, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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Town Ward 3, Peterborough 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$718,153

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%

Best Schools in Town Ward 3, Peterborough

Elementary Schools

St Anne
Public240 Bellevue Street, Peterborough, Ontario, K9H 5E5
6.0
Queen Elizabeth
Public830 Barnardo Avenue, Peterborough, Ontario, K9J 5V9
5.9
Highland Heights
Public430 Highland Road, Peterborough, Ontario, K9H 5J7
4.6
Queen Mary
Public1445 Monaghan Road, Peterborough, Ontario, K9J 5M8
4.0
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9

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

Town Ward 3, Peterborough Demographic Home information

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.