707 Otonabee Drive, Peterborough, ON

$474,900
MLS#:X12681738
3 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 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

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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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 19, 2026
Sold price information is available to members only
Listed Date1/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size50.51 × 124.13 Feet
CountyPeterborough
Annual Tax$4,069
Legal DescriptionLT 7 PL 285(PETERBOROUGH) ; PT BLK A PL 285(PETERBOROUGH), PT 1 PL 45R11548, SUBJECT TO EXECUTION 96-0309, IF ENFORCEABLE ; PETERBOROUGH

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

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

Features

Property Features

Community Features

Location

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707 Otonabee Drive, Peterborough, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Ashburnham Ward 4, Peterborough.

Verified Local Data
Population128,624
Median Age45.2 Yrs
Ownership70% Owners
Avg Area List Price$596,851

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
Otonabee Valley
Public580 River Road South, Peterborough, Ontario, K9J 1E7
2.2
Queen Elizabeth
Public830 Barnardo Avenue, Peterborough, Ontario, K9J 5V9
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

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

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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 707 Otonabee Drive, Peterborough, ON K9J 7P8

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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Financial Audit

Estimated Costs

Loan Amount$379,920
Monthly Mortgage$2,207
Property Tax (Est.)$339
Utilities & Maint.$350
Total Monthly Cost$2,896

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Peterborough.

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.