488 Mckellar Street, Peterborough, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Otonabee. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $469,000 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 45 x 95 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 0.0 garage spaces (3.0 total parking spaces)
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To This Beautifully Renovated Bungalow In A Quiet Established Neighbourhood! Completely Renovated From Top To Bottom, This Move-In Ready Home Offers Modern Finishes, Quality Upgrades And A Functional Layout Throughout. The Bright Main Floor Features A Spacious Living Area, A Beautifully Updated Kitchen, Two Generously Sized Bedrooms And A Remodelled Bathroom. Almost Everything Has Been Redone, Including New Flooring, Kitchens, Bathrooms, Pot Lights, A New Furnace, Plumbing And The List Goes On! The Fully Finished Basement Features A Legal Two-Bedroom Apartment With Its Own Kitchen And Bathroom, Offering Excellent Rental Income Potential Or Additional Living Space For Multi-Generational Families. The Exterior Is Equally Impressive With A Brand-New Concrete Driveway. Perfect For First-Time Buyers, Investors Or Families Looking For A Turnkey Property With Income Potential. Ideally Located Just Minutes From The River, Community Centre, Lansdowne Place Mall, Parks, Shopping, Transit And Everyday Amenities. An Incredible Opportunity To Own A Fully Renovated Home In A Convenient And Established Peterborough Neighbourhood!
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Property Summary
This detached home located at 488 Mckellar Street, Peterborough is currently for sale and has been available for 3 days. This property is listed at $469,000 with an estimated mortgage of $1,561* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 488 Mckellar Street, Peterborough is in the Otonabee neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Otonabee, Peterborough.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Otonabee, 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
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Peterborough?
If you are looking for a house in Peterborough or researching Peterborough real estate for sale, this 4-bedroom detached at 488 Mckellar Street, Peterborough, ON offers an exceptional opportunity to buy a home in Peterborough, Ontario. Whether you are a first-time Peterborough home buyer or comparing active Peterborough MLS® homes for sale, working with a dedicated Peterborough buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Peterborough realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Peterborough Buyer Budget & Costs
Estimated mortgage: $1,561*/month*. Estimated Ontario Land Transfer Tax: $5,855. First-time Peterborough home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Peterborough
Frequently Asked Questions about 488 Mckellar Street, Peterborough, ON
Q.What is the asking price for 488 Mckellar Street, Peterborough, ON ?
The current listing price for 488 Mckellar Street, Peterborough, ON in Otonabee, Peterborough is $469,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 488 Mckellar Street, Peterborough, ON ?
488 Mckellar Street, Peterborough, ON is a Detached (Bungalow) featuring a Apartment 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 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Otonabee, Peterborough
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 488 Mckellar Street, Peterborough, ON K9J 1P8
Based on 0 recent similar sales in the pocket.
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 $469,000 in Peterborough, the legal minimum down payment is $23,450 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 $5,855 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 $5,855.
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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.
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