716 Otonabee Drive, Peterborough, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ashburnham Ward 4. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $529,000 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 700-1100 sqft on a premium 55.69 x 101.68 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: In-Law Capability, Primary Bedroom - Main Floor, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this charming 4-bedroom, 2-bathroom bungalow nestled in the cozy South-East End of Peterborough. This well-maintained home offers comfortable, functional living with a warm and inviting atmosphere throughout. Step inside to a bright eat-in kitchen with custom cabinetry that flows seamlessly into the dining and living area; perfect for both everyday living and entertaining. The main floor features three well-sized bedrooms and a full bathroom, ideal for families. The lower level offers excellent versatility, featuring a spacious rec room with a gas fireplace and stunning custom wood wall feature-perfect for relaxing or hosting. You'll also find a fourth bedroom, second bathroom, large laundry room, and dedicated workshop and storage space. With two separate entrances and interior doors already in place, there is strong potential for an in-law suite or rental setup. Enjoy outdoor living with a walkout to the deck complete with gas BBQ hookup and awning, plus a patio and garden shed for added convenience. Situated on a great corner lot with mature trees, this home also includes a single-car garage with automatic opener. Located in a quiet, family-friendly neighbourhood close to schools, parks, amenities, and Highways 115 & 7. This home offers the perfect blend of comfort, flexibility, and convenience.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Public Transit, School, School Bus Route, Wooded/Treed
Interior Features
In-Law Capability, Primary Bedroom - Main Floor, Storage, Water Heater Owned
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 716 Otonabee Drive, Peterborough, ON K9J 7P9
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 $529,000 in Peterborough, the legal minimum down payment is $27,900 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 $7,055 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 $7,055.
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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.