638 River Road, Peterborough, ON
Property no longer active
This property was sold on May 23, 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 Ashburnham Ward 4. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $609,000 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 51 x 150.02 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Pride of ownership shines throughout this all-brick bungalow, offering the convenience of direct entry from the attached garage. Situated in a highly sought-after neighbourhood, this home is ideally located just minutes from Highways 115 and 7, perfect for commuters and within walking distance to schools, parks, charming restaurants, and the picturesque Otonabee River, part of the renowned Trent-Severn Waterway, ideal for fishing and swimming. The main level features three bedrooms, one currently serving as a dining room, easily convertible back to a bedroom along with a spacious, eat-in oak kitchen. Designed with the home chef in mind, it boasts ample counter space, a central island, and room for a table and chairs. The generous 17'11" living room and a well-appointed 4-piece bathroom complete the main floor. The garage access presents the potential for a private entrance to the lower level, ideal if you're considering adding a kitchen to create an in-law suite. Downstairs, the finished basement offers incredible versatility with a cozy 24-foot family room anchored by a gas fireplace, two additional bedrooms, a 3-piece bath, and a dedicated laundry area. Step outside to enjoy not one, but two walkouts to the patio and a beautifully fenced 150-foot deep backyard, an ideal space for children, gardening, or entertaining under the open sky. Whether you're a growing family or a savvy investor, this home is a rare find. Come and experience all it has to offer.
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Property Summary
This detached home located at 638 River Road, Peterborough is currently for sale and has been available on SousaSells for 450 days. This property is listed at $609,000 with an estimated mortgage of $2,027* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 638 River Road, 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 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Ashburnham Ward 4, Peterborough.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Ashburnham Ward 4, Peterborough.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 638 River Road, Peterborough, ON
Q.What is the asking price for 638 River Road, Peterborough, ON ?
The current listing price for 638 River Road, Peterborough, ON in Ashburnham Ward 4, Peterborough is $609,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 638 River Road, Peterborough, ON ?
638 River Road, Peterborough, ON is a Detached (Bungalow) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Attached).
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 638 River Road S, Peterborough, ON K9J 1E7
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About Purchasing a Home in Peterborough, ON
For a property listed at $609,000 in Peterborough, the legal minimum down payment is $35,900 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 $8,655 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 $8,655.
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