580 King George Street, Peterborough, ON
Property no longer active
This property was sold on December 31, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $525,000 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
- Premium 60 x 97 ft lot size
- Features a finished, 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: Primary Bedroom - Main Floor
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric
Description
Welcome to 580 King George Street, a charming home in Peterborough's desirable south end. Nestled in a peaceful neighbourhood, this home offers a blend of comfort and convenience on a spacious lot. Enjoy ample parking, a fully fenced yard, and a detached garage, along with a cozy covered porch - perfect for your morning coffee. Step inside to a bright, open-concept living and dining area featuring new vinyl flooring and a stylish electric fireplace that adds warmth and character. The kitchen is functional and well-organized, with space to prepare your favourite meals. The main floor also includes a large primary bedroom with a private ensuite, offering convenience and privacy. upstairs, you'll find two comfortable bedrooms, ideal for family members or guests. The fully finished basement provides even more living space, featuring a second bathroom and a versatile rec room that can serve as a second living area or entertainment space. Outside, the expansive backyard is a blank canvas, ready to be transformed into your personal oasis. Whether you dream of creating a garden, a play area for children, or a relaxing patio for outdoor gatherings, the potential is endless. This home is perfect for first-time buyers looking for a cozy and inviting space to make their own. Don't miss your chance to call 580 King George Street home-schedule your viewing today!
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Property Summary
This detached home located at 580 King George Street, Peterborough is currently for sale and has been available on SousaSells for 609 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 580 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 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Otonabee Ward 1, Peterborough.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •Desirable Detached architecture in Otonabee Ward 1, Peterborough
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
- Hospital
- Park
- Public Transit
- School
Interior Features
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 580 King George Street, Peterborough, ON
Q.What is the asking price for 580 King George Street, Peterborough, ON ?
The current listing price for 580 King George Street, Peterborough, ON in Otonabee Ward 1, Peterborough is $525,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms.
Q.What property type and architectural style is 580 King George Street, Peterborough, ON ?
580 King George Street, Peterborough, ON is a Detached (1 1/2 Storey) featuring a Finished, Full basement.
Q.What key property features does 580 King George Street, Peterborough, ON offer?
Key property features include: Fenced Yard, Hospital, Park, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor.
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 Electric and cooling via Wall Unit(s).
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Pricing & Value Insights
Data-driven valuation for 580 King George Street, Peterborough, ON K9J 1S4
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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 $525,000 in Peterborough, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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.