565 Riverside Drive, Peterborough, ON
Property Highlights
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 $729,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 49.3 x 90.2 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Waterfront living in the City of Peterborough! This bright, fresh and well-maintained brick 1 1/2 storey home offers a rare opportunity to enjoy life on the beautiful Otonabee River while remaining close to all city amenities. Featuring 3 bedrooms and 1 1/2 baths, this inviting home has been well maintained. The main floor offers a bright, open-concept living and dining area, a spacious kitchen, and a versatile room currently used as a den that could easily serve as a third bedroom. Relax in the sun porch overlooking the river and enjoy the peaceful waterfront views.Upstairs you'll find two bedrooms, including a large primary bedroom. The full basement offers partial finishing and excellent potential for additional living space, a recreation room, workshop, or storage.Step outside to the tiered riverside backyard, where you'll enjoy direct access to the Otonabee River with space to install your own dock-perfect for boating, paddling, fishing, or simply enjoying the waterfront lifestyle. A single detached garage completes this exceptional property.
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Property Summary
This detached home located at 565 Riverside Drive, Peterborough is currently for sale and has been available on SousaSells for 28 days. This property is listed at $729,900 with an estimated mortgage of $2,430* per month. It has 2 beds, 2 bathrooms, and is 1500-2000 square feet. 565 Riverside Drive, Peterborough is in the Otonabee Ward 1 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Otonabee Ward 1, Peterborough.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
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 565 Riverside Drive, Peterborough, ON
Q.What is the asking price for 565 Riverside Drive, Peterborough, ON ?
The current listing price for 565 Riverside Drive, Peterborough, ON in Otonabee Ward 1, Peterborough is $729,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 565 Riverside Drive, Peterborough, ON ?
565 Riverside Drive, Peterborough, ON is a Detached (1 1/2 Storey) featuring a Full 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 (Detached).
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 565 Riverside Drive, Peterborough, ON K9J 3Y9
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 $729,900 in Peterborough, the legal minimum down payment is $47,990 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 $11,073 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 $11,073.
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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.