$569,000
For sale: Detached

Welcome to 547 Barnes Cres, a beautifully maintained 3+2 bedroom bungalow tucked away on a quiet, family-friendly street. This inviting home offers a bright and functional layout with plenty of space for first-time buyers, growing families or investors. The updated kitchen features quartz countertops and newer appliances, complemented by modern light fixtures and a stylish bathroom renovated in 2024. Additional highlights include fresh paint, a beautiful interlocked walkway and patio, and newer eavestroughs and downspouts. The lower level offers excellent potential for an in-law suite, providing added flexibility for extended family or additional living space. Ideally located with quick access to Hwy 115, making commuting a breeze, and just minutes from Costco, Lansdowne Place, grocery stores, restaurants and everyday amenities. A wonderful opportunity to own a move-in-ready home in a convenient Peterborough location! Some of the listing photos have been enhanced using AI.
Sold data
Homes in Otonabee Ward 1 took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 40, across 53 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $489,000.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 53 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Peterborough (Otonabee Ward 1) has 29 Fraser Institute–rated schools (23 elementary and 6 secondary), averaging 5.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$714,900
Detached258 FRANMOR DRIVE, Ashburnham Ward 4, Peterborough

$550,000
Detached513 ROMAINE STREET, Town Ward 3, Peterborough

$749,900
Detached1533 WILDLARK DRIVE, Monaghan Ward 2, Peterborough

$484,900
Detached193 RUTHERFORD AVENUE, Town Ward 3, Peterborough

$560,000
Detached3094 LAKEFIELD ROAD, Selwyn, Selwyn

$477,000
Detached839 MOUNTAIN ASH ROAD, Otonabee Ward 1, Peterborough

$519,900
Detached278 LESTER ROAD, Sidney Ward, Quinte West

$454,900
Detached40 ST PATRICK STREET, Lindsay, Kawartha Lakes