622 Harold Drive, Peterborough, ON
Property no longer active
This property was sold on April 2, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $588,800 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 60 x 95 ft lot
- Features a apartment, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, Carpet Free, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
CASH FLOW today and unlock future potential with this Turnkey Investment Opportunity in Booming Peterborough. Recently updated, Legal 2-Unit features a BONUS 622 sq ft Detached Garage (ADU/Garden Suite potential?) The spacious Upper Unit showcases 3 well-appointed bedrooms, updated kitchen & bath plus private laundry. Downstairs is a freshly painted, roomy, studio apartment with separate entrance and additional laundry. The detached garage is a dream space for car enthusiasts or woodworkers, complete with wood stove, air compressor, vac system, and crane. Family-friendly neighborhood, a short walk to parks and amenities. Minutes to Costco, Hwy 7, and Hwy 115. Hassle-Free Investment: Great tenants already in place with professional property management happy to stay on. Don't miss out on this fantastic opportunity with multiple income streams!
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Property Summary
This detached home located at 622 Harold Drive, Peterborough is currently for sale and has been available on SousaSells for 511 days. This property is listed at $588,800 with an estimated mortgage of $1,960* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 622 Harold Drive, 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 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Otonabee Ward 1, 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 Ward 1, Peterborough.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Library
- Place Of Worship
- Public Transit
- Rec./Commun.Centre
- School
Interior Features
- Accessory Apartment
- Carpet Free
- In-Law Suite
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 622 Harold Drive, Peterborough, ON
Q.What is the asking price for 622 Harold Drive, Peterborough, ON ?
The current listing price for 622 Harold Drive, Peterborough, ON in Otonabee Ward 1, Peterborough is $588,800.
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 622 Harold Drive, Peterborough, ON ?
622 Harold Drive, Peterborough, ON is a Detached (Bungalow) featuring a Apartment, Walk-Up basement.
Q.What key property features does 622 Harold Drive, Peterborough, ON offer?
Key property features include: Hospital, Library, Place Of Worship, Public Transit, Rec./Commun.Centre, School.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, Carpet Free, In-Law Suite, Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 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 622 Harold Drive, Peterborough, ON K9J 3Y1
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 $588,800 in Peterborough, the legal minimum down payment is $33,880 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 $8,251 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 $8,251.
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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.