508 Erskine Avenue, Peterborough, ON

$599,900
MLS#:X12088460
5 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Description

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 $599,900 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 50 x 100 ft lot
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Accessory Apartment, In-Law Suite, Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Attention First-Time Buyers and Savvy Investors! This beautiful bungalow is the one you've been waiting for! Meticulously maintained and showing true pride of ownership, this home checks all the boxes. The main floor features three spacious bedrooms, hardwood floors, a renovated kitchen, and an open-concept layout connecting the kitchen, dining, and living areas perfect for entertaining or family living. Enjoy updated windows throughout and modernized bathrooms that add comfort and style. The lower level offers a fully finished two-bedroom suite ideal for in-laws, extended family, or potential rental income. Outside, you'll find a double paved driveway, a fully fenced yard, and a large patio that's perfect for entertaining. Conveniently located just a short walk to schools, parks and minutes to Highway 115, making commuting a breeze! Don't miss this opportunity to own a versatile and move-in ready home in a great location!

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 15, 2025
Sold price information is available to members only
Listed Date4/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size50 × 100 Feet
CountyPeterborough
Annual Tax$3,651.41
Legal DescriptionLT 75 PL 211 S/T R88967 ASSIGNED BY PE335482 ASSIGNED BY PE335488 ASSIGNED BY PE355078 PETERBOROUGH

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Hospital, Fenced Yard, Level, Library, Park, Public Transit

Community Features

Location

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508 Erskine Avenue, Peterborough, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 508 Erskine Avenue, Peterborough, ON K9J 5T4

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.

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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.
Financial Audit

Estimated Costs

Loan Amount$479,920
Monthly Mortgage$2,789
Property Tax (Est.)$304
Utilities & Maint.$350
Total Monthly Cost$3,443

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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Nearby Listings

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No current listings found in Peterborough.