574 Otonabee Drive, Peterborough, ON
Property no longer active
This property was sold on May 14, 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 Ashburnham Ward 4. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $599,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 100 x 136 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 574 Otonabee Drive. Nestled on a stunning, level double-sized lot, this classic, well-loved home is ready for its next family to enjoy. Designed for easy and comfortable living, the main floor features three spacious bedrooms, a full four-piece bathroom, and an open-concept living, kitchen, and dining area that provides a warm and inviting atmosphere. The 4-season sunroom is a great spot to enjoy a morning coffee. The finished basement offers a large family room, a utility and laundry room, a cold cellar, and a three-piece bathroom, creating ample additional living space for growing families or those who love to entertain. Meticulously maintained, this home presents the perfect opportunity to move in as-is or renovate to create your dream living space. Whether you're a first-time homebuyer, recently retired, or simply looking for more property without sacrificing the convenience of in-town living, this home offers it all. The well-kept garage provides an excellent workspace, ideal for hobbies, projects, or additional storage. Just minutes from Lansdowne Street and Highway 115, this property offers effortless access to all of Peterborough's amenities. The neighborhood is vibrant and welcoming, perfect for an evening stroll. The newly opened Canadian Canoe Museum is just around the corner, while hockey fans will love the proximity to Pete's games. Summer nights come alive at Del Crary Park, home to Musicfest, a beloved free concert series on the shores of Little Lake. With its prime location, generous lot, and endless potential, 574 Otonabee Drive is an opportunity not to be missed. This charming home will not be on the market for long.
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Property Summary
This detached home located at 574 Otonabee Drive, Peterborough is currently for sale and has been available on SousaSells for 496 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 574 Otonabee Drive, Peterborough is in the Ashburnham Ward 4 neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Ashburnham Ward 4, Peterborough.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Peterborough.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
- School Bus Route
- Level
Interior Features
- Auto Garage Door Remote
- Primary Bedroom - Main Floor
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 574 Otonabee Drive, Peterborough, ON
Q.What is the asking price for 574 Otonabee Drive, Peterborough, ON ?
The current listing price for 574 Otonabee Drive, Peterborough, ON in Ashburnham Ward 4, Peterborough is $599,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 574 Otonabee Drive, Peterborough, ON ?
574 Otonabee Drive, Peterborough, ON is a Detached (Bungalow-Raised) featuring a Full, Finished basement.
Q.What key property features does 574 Otonabee Drive, Peterborough, ON offer?
Key property features include: Fenced Yard, School Bus Route, Level.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 12.0 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 574 Otonabee Drive, Peterborough, ON K9J 7R1
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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 $599,000 in Peterborough, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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