488 MCKELLAR STREET, Peterborough (Otonabee Ward 1)

$469,000

For sale: Detached

Detached at 488 MCKELLAR STREET, Peterborough (Otonabee Ward 1)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,100 sqft
MLS®
MLS® X14084582
Neighbourhood
Otonabee Ward 1

Welcome To This Beautifully Renovated Bungalow In A Quiet Established Neighbourhood! Completely Renovated From Top To Bottom, This Move-In Ready Home Offers Modern Finishes, Quality Upgrades And A Functional Layout Throughout. The Bright Main Floor Features A Spacious Living Area, A Beautifully Updated Kitchen, Two Generously Sized Bedrooms And A Remodelled Bathroom. Almost Everything Has Been Redone, Including New Flooring, Kitchens, Bathrooms, Pot Lights, A New Furnace, Plumbing And The List Goes On! The Fully Finished Basement Features A Legal Two-Bedroom Apartment With Its Own Kitchen And Bathroom, Offering Excellent Rental Income Potential Or Additional Living Space For Multi-Generational Families. The Exterior Is Equally Impressive With A Brand-New Concrete Driveway. Perfect For First-Time Buyers, Investors Or Families Looking For A Turnkey Property With Income Potential. Ideally Located Just Minutes From The River, Community Centre, Lansdowne Place Mall, Parks, Shopping, Transit And Everyday Amenities. An Incredible Opportunity To Own A Fully Renovated Home In A Convenient And Established Peterborough Neighbourhood!

Sold data

Detached homes in Peterborough (Otonabee Ward 1) — recent sold market

Detached homes in Peterborough (Otonabee Ward 1) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 47, across 200 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $569,950.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$569,950
Sale-to-list ratio
97.1%
Sold above asking
8%

Based on 200 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Peterborough (Otonabee Ward 1)

Peterborough (Otonabee Ward 1) has 29 Fraser Institute–rated schools (23 elementary and 6 secondary), averaging 5.2/10.

Rated schools
29
Elementary
23
Secondary
6
Average rating
5.2 / 10

Top-rated schools in Peterborough (Otonabee Ward 1)

  • James Strath — elementary, PeterboroughFraser rating 7.5/10
  • St. Peter's — secondary, PeterboroughFraser rating 6.7/10
  • Edmison Heights — elementary, PeterboroughFraser rating 6.5/10
  • St Paul's — elementary, PeterboroughFraser rating 6.2/10
  • Holy Cross — secondary, PeterboroughFraser rating 6.1/10
  • St Anne — elementary, PeterboroughFraser rating 6.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 488 MCKELLAR STREET