651 Chester Street, Peterborough, ON
Property no longer active
This property was sold on January 28, 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 $568,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 42.5 x 105 ft lot
- Features a separate entrance, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this spacious 4-bedroom bungalow, offering over 1,500 sq. ft. of main level living space, the largest home in the area. Nestled in the desirable south side of Peterborough, within the Otonabee community, this home is located at the end of a quiet street with fronting views of the beautiful Otonabee River, providing both tranquility and convenience. This well-maintained, empty home features two washrooms, a freshly painted interior, and brand-new vinyl flooring throughout. The kitchen has been fully upgraded with modern finishes, and new electrical light fixtures brighten the entire home. The partially finished basement comes with a separate entrance and a wet bar, with plumbing and drainage already in place offering an excellent investment opportunity to convert the property into two separate rental units. The property has been professionally cleaned, making it move-in ready for the new owners. Located just 5 minutes from Landsdowne Place, Costco Peterborough, Grocery Stores, and within close proximity to both Public and Catholic schools, this home combines peaceful riverside living with everyday convenience. Don't miss out on this rare opportunity!
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Property Summary
This detached home located at 651 Chester Street, Peterborough is currently for sale and has been available on SousaSells for 614 days. This property is listed at $568,000 with an estimated mortgage of $1,891* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 651 Chester 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 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
- •1500-2000 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
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 651 Chester Street, Peterborough, ON
Q.What is the asking price for 651 Chester Street, Peterborough, ON ?
The current listing price for 651 Chester Street, Peterborough, ON in Otonabee Ward 1, Peterborough is $568,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 651 Chester Street, Peterborough, ON ?
651 Chester Street, Peterborough, ON is a Detached (Bungalow) featuring a Separate Entrance, Partially Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Data-driven valuation for 651 Chester Street, Peterborough, ON K9J 3B8
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About Purchasing a Home in Peterborough, ON
For a property listed at $568,000 in Peterborough, the legal minimum down payment is $31,800 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 $7,835 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 $7,835.
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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.