574 Otonabee Drive, Peterborough, ON

$599,000
MLS#:X12046919
3 beds
2 baths
1100-1500 sqft
12.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Ashburnham Ward 4. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $599,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 100 x 136 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater Owned
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 574 Otonabee Drive. Nestled on a stunning, level double-sized lot, this classic, well-loved home is ready for its next family to enjoy. Designed for easy and comfortable living, the main floor features three spacious bedrooms, a full four-piece bathroom, and an open-concept living, kitchen, and dining area that provides a warm and inviting atmosphere. The 4-season sunroom is a great spot to enjoy a morning coffee. The finished basement offers a large family room, a utility and laundry room, a cold cellar, and a three-piece bathroom, creating ample additional living space for growing families or those who love to entertain. Meticulously maintained, this home presents the perfect opportunity to move in as-is or renovate to create your dream living space. Whether you're a first-time homebuyer, recently retired, or simply looking for more property without sacrificing the convenience of in-town living, this home offers it all. The well-kept garage provides an excellent workspace, ideal for hobbies, projects, or additional storage. Just minutes from Lansdowne Street and Highway 115, this property offers effortless access to all of Peterborough's amenities. The neighborhood is vibrant and welcoming, perfect for an evening stroll. The newly opened Canadian Canoe Museum is just around the corner, while hockey fans will love the proximity to Pete's games. Summer nights come alive at Del Crary Park, home to Musicfest, a beloved free concert series on the shores of Little Lake. With its prime location, generous lot, and endless potential, 574 Otonabee Drive is an opportunity not to be missed. This charming home will not be on the market for long.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 14, 2025
Sold price information is available to members only
Listed Date3/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding, Stone
BasementFull, Finished
Lot Size100 × 136 Feet
CountyPeterborough
Annual Tax$4,056.34
Legal DescriptionPart Lot 2, Plan 4S Otonabee, AS in R116662 Except Part 20, 45R1847, Peterborough City

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, School Bus Route, Level

Interior Features

Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater Owned

Security Features

Community Features

Location

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574 Otonabee Drive, 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 574 Otonabee Drive, Peterborough, ON K9J 7R1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$479,200
Monthly Mortgage$2,784
Property Tax (Est.)$338
Utilities & Maint.$350
Total Monthly Cost$3,472

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Peterborough.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Ashburnham Ward 4, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$617,713

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%

Local Schools Guide

Elementary Schools

Kaawaate East City
Public220 Hunter Street East, Peterborough, Ontario, K9H 1H1
5.3
Monsignor O'Donoghue
Public2400 Marsdale Drive, Peterborough, Ontario, K9L 1R4
5.7
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9
Queen Elizabeth
Public830 Barnardo Avenue, Peterborough, Ontario, K9J 5V9
5.9
Otonabee Valley
Public580 River Road South, Peterborough, Ontario, K9J 1E7
2.2

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

Homes & Housing

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.