707 Otonabee Drive, Peterborough, ON
Property no longer active
This property was sold on January 19, 2026. 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 $474,900 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 50.51 x 124.13 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 detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 707 Otonabee Drive, a solid brick bungalow offering an excellent opportunity for buyers looking to add value through cosmetic updates. Set on a generous lot with a large, private backyard, this home features a paved laneway, a detached garage, and a separate side entrance-ideal for those considering a future in-law suite or secondary living space (buyer to verify permitted uses). The main floor offers approximately 943 square feet of functional living space with hardwood flooring throughout. The layout is bright and practical, providing a strong foundation for modernization while preserving the durability of a well-built home. A newer furnace, central air conditioning, and an on-demand hot water system ensure efficient, year-round comfort. The partially finished basement expands the usable living area and includes a 2-piece bathroom with a rough-in for a future shower, allowing flexibility for further development. With 200-amp electrical service, the home is well positioned for upgrades or additional electrical needs. The home has solid bones and excellent long-term potential. Conveniently located in a desirable Peterborough neighbourhood close to amenities, schools, and transit, Hwy 115, this property presents an opportunity for first-time buyers, renovators, or investors alike. A versatile property with room to grow-707 Otonabee Drive is ready for its next chapter. This property is being sold as-is, where-is.
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Property Summary
This detached home located at 707 Otonabee Drive, Peterborough is currently for sale and has been available on SousaSells for 209 days. This property is listed at $474,900 with an estimated mortgage of $1,581* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 707 Otonabee Drive, 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 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Ashburnham Ward 4, Peterborough.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •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
None listed
Interior Features
- Primary Bedroom - Main Floor
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 707 Otonabee Drive, Peterborough, ON
Q.What is the asking price for 707 Otonabee Drive, Peterborough, ON ?
The current listing price for 707 Otonabee Drive, Peterborough, ON in Ashburnham Ward 4, Peterborough is $474,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 707 Otonabee Drive, Peterborough, ON ?
707 Otonabee Drive, Peterborough, ON is a Detached (Bungalow) featuring a Partially Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor, Water Heater.
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 Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 707 Otonabee Drive, Peterborough, ON K9J 7P8
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About Purchasing a Home in Peterborough, ON
For a property listed at $474,900 in Peterborough, the legal minimum down payment is $23,745 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 $5,973 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 $5,973.
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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.