587 King George Street, Peterborough, ON
Property no longer active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-Storey detached located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $569,900 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 35 x 97 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient other configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Meticulously renovated & maintained double brick home located on a quiet street with mature trees. Almost every update you can imagine has been done! The open concept main floor living space includes a modern kitchen that features stunning 3/4 inch quartz countertops, subway tile backsplash, coffee bar area, pot lights, stainless steel appliances, & a massive center island with seating for 4. Stylish "kid & pet proof" flooring throughout the main & 2nd floor. Upstairs presents 3 good sized bedrooms & a remodeled bathroom with his/hers sinks & tile shower/tub surround. Downstairs you will find a cute & cozy finished rec-room! Roof re-sheeted & shingled in 2021. New 100 amp breaker panel 2018. Natural gas heating & central air! Bring your BBQ or griddle and enjoy your new covered back deck overlooking a fully fenced & very private backyard with pergola seating area, RV storage space, shed & plenty of room for kids or adults to play. Swing set included! The expanded double drive offers parking for 4 vehicles. Located in a great area for young families; close to parks, schools, shopping & public transit.
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Property Summary
This detached home located at 587 King George Street, Peterborough is currently for sale and has been available on SousaSells for 728 days. This property is listed at $569,900 with an estimated mortgage of $1,897* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 587 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 1 bathroom, this home offers ample space and comfort for growing families in Otonabee Ward 1, Peterborough.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 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
- Golf
- Hospital
- Public Transit
- Rec./Commun.Centre
- School
- River/Stream
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 587 King George Street, Peterborough, ON
Q.What is the asking price for 587 King George Street, Peterborough, ON ?
The current listing price for 587 King George Street, Peterborough, ON in Otonabee Ward 1, Peterborough is $569,900.
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 587 King George Street, Peterborough, ON ?
587 King George Street, Peterborough, ON is a Detached (2-Storey) featuring a Partially Finished basement.
Q.What key property features does 587 King George Street, Peterborough, ON offer?
Key property features include: Golf, Hospital, Public Transit, Rec./Commun.Centre, School, River/Stream.
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 (Other).
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 587 King George Street, Peterborough, ON K9J 1S3
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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 $569,900 in Peterborough, the legal minimum down payment is $31,990 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 $7,873 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 $7,873.
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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.