718 Elcombe Crescent, Peterborough, ON

$324,900
MLS#:X12047121
3 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
718 Elcombe Crescent, Peterborough, ON K9H 3L4
⚠️

Property no longer active

This property was sold on April 8, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $324,900 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 83.44 x 82.87 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: None
  • Efficient forced air heating via gas

Description

Nestled along the serene banks of the Otonabee River, this charming century home offers 60 feet of direct waterfront and a rare opportunity to create something truly special in the heart of Peterborough. Built in the early 1900s, the property blends rich character with endless potential ideal for anyone with a creative eye and a love for waterfront living. Whether you're dreaming of restoring original features or envisioning a modern transformation, this home offers the canvas to make it your own. High ceilings, original trim, and large windows hint at the homes heritage, while the peaceful river views and mature trees add natural beauty that can't be replicated. Step outside to your own private slice of the Otonabee. Watch boats glide by, fish off the dock, or simply relax with a morning coffee as the sun rises over the water. This kind of tranquility, right in the downtown core, is incredibly rare. You're just a short walk to parks, cafes, shops, restaurants, and the vibrant arts and culture scene of Peterborough. Despite the central location, the waterfront lot offers a deep sense of calm and privacy, making it a true urban oasis.This is more than just a home, it's an opportunity to live in a space with soul, history, and potential. Whether you're an investor, renovator, or a buyer looking for a forever home with character, this property delivers location, charm, and possibility in equal measure. Don't miss your chance to own a piece of Peterborough's history and enjoy the unmatched lifestyle of riverfront living.

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Property Summary

This detached home located at 718 Elcombe Crescent, Peterborough is currently for sale and has been available on SousaSells for 497 days. This property is listed at $324,900 with an estimated mortgage of $1,081* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 718 Elcombe Crescent, Peterborough is in the Town Ward 3 neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Town Ward 3, Peterborough.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Peterborough.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 8, 2025
Sold price information is available to members only
Listed Date3/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood
BasementFull, Unfinished
Lot Size83.44 × 82.87 Feet
CountyPeterborough
Annual Tax$4,198
Legal DescriptionPT LT 3 PL 12 TOWN OF PETERBOOUGH AS IN R83322 T/W R83322 IF ANY; PETERBOROUGH CITY

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Park
  • Place Of Worship
  • Public Transit
  • Waterfront

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 718 Elcombe Crescent, Peterborough, ON

Q.What is the asking price for 718 Elcombe Crescent, Peterborough, ON ?

The current listing price for 718 Elcombe Crescent, Peterborough, ON in Town Ward 3, Peterborough is $324,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 718 Elcombe Crescent, Peterborough, ON ?

718 Elcombe Crescent, Peterborough, ON is a Detached (2-Storey) featuring a Full, Unfinished basement.

Q.What key property features does 718 Elcombe Crescent, Peterborough, ON offer?

Key property features include: Park, Place Of Worship, Public Transit, Waterfront.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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Location

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718 Elcombe Crescent, Peterborough, ON

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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 718 Elcombe Crescent, Peterborough, ON K9H 3L4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.

Configure Loan Settings

Interest Rate4.00%
Down Payment$97,470 (30.0%)
* Minimum Canadian down payment required for this price is $16,245.
Amortization Period30 Years
Estimated Monthly Payment$1,081Based on a loan of $227,430 over 30 years.
Purchase Price$324,900
Loan Amount$227,430
Provincial Land Transfer Tax:$3,349
Total Estimated Closing Taxes:$3,349

About Purchasing a Home in Peterborough, ON

For a property listed at $324,900 in Peterborough, the legal minimum down payment is $16,245 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 $3,349 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 $3,349.

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Town Ward 3, Peterborough Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Town Ward 3, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$718,153

People & Families

Age Distribution

Household Composition

One-person households
29%
Families with children
36%
Couples without children
32%
Other households
3%

Top Ethnic Origins

English33%
Irish30%
Scottish25%
Canadian17%

Best Schools in Town Ward 3, Peterborough

Elementary Schools

St Anne
Public240 Bellevue Street, Peterborough, Ontario, K9H 5E5
6.0
Queen Elizabeth
Public830 Barnardo Avenue, Peterborough, Ontario, K9J 5V9
5.9
Highland Heights
Public430 Highland Road, Peterborough, Ontario, K9H 5J7
4.6
Queen Mary
Public1445 Monaghan Road, Peterborough, Ontario, K9J 5M8
4.0
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9

Secondary Schools

Adam Scott
Public175 Langton Street, Peterborough, Ontario, K9H 6K3
5.3
Thomas A Stewart
Public1009 Armour Road, Peterborough, Ontario, K9H 7H2
4.5
St. Peter’s
CatholicPeterborough, Ontario
6.7

Town Ward 3, Peterborough Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.