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$444,900

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722 Gillespie Avenue, Peterborough (Otonabee Ward 1) - Single Family for Sale

722 Gillespie Avenue, Peterborough (Otonabee Ward 1), Ontario, K9J4B7

3 beds2 baths2 parking900 ft²50 × 100 ft (5,000 sq ft) lot sizeListed 5 days ago

Overview

This 3-bedroom, 2-bathroom home in Peterborough is for sale offering roughly 900 sq ft of space. Listed at $444,900, it is attractively priced about 18% below the $539,900 median asking price in Peterborough. It has been on the market 5 days, fresher than the Peterborough average of 62 days.

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Description

Cozy home in Otonabee Ward of Peterborough. This 1.5 storey home features a bright cozy living room, kitchen, primary bathroom and bedroom on main floor. Upper level has 2 bedrooms and added 2pc bathroom. Many upgrades include new windows and vinyl siding, freshly painted, newer flooring entrance, kitchen, hall, bathrooms, and original hardwood floors throughout the rest of the house. Nice level partial fenced backyard to expand outdoor living to your liking and new storage shed. Conveniently located near schools, parks and Lansdowne shopping corridor. Easy access to Highway 115 and the Parkway. Great place for first time buyers, family, or retired couple. May also suit as residence for college students. (id:66096)

Property Details

MLS®: X14133724
Property Type: Single Family
Zoning: R1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 50 × 100 ft (5,000 sq ft)
Frontage: 50 ft
Storeys: 1
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Wall unit
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Foyer: 1.09 x 1.43 meters
Dining room: 4.27 x 2.29 meters
Living room: 3.54 x 4.87 meters
Bedroom 3: 3.54 x 2.83 meters

Upper Level

Primary Bedroom: 3.03 x 3.32 meters
Bedroom 2: 3.73 x 2.86 meters

Lower level

Recreational, Games room: 6.81 x 2.61 meters
Laundry room: 6.77 x 4.53 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Water meter, Stove, Dryer, Window Coverings
Foundation: Poured Concrete
Exterior: Vinyl siding
Lot Features: Level lot, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Peterborough (Otonabee Ward 1) listings, avg age

62d

Price / ft²

$494

List price

$445K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Peterborough (Otonabee Ward 1) has been listed for 5 days, which is 57 days fresher than the city average of 62. Act while there is still low competition.

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Listed by Royal LePage Frank Real Estate · Brian Moring

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9J)

This home lists at $444,900, about 6.1× the local median household income of $72,500.

Carrying it typically needs a household income of about $86,905 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.

Median household income: $72,500
Population: 44,547
Median age: 44
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K9J)

$444,900· $494/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,245

Min 5%50%

Mortgage payment$2,343/mo

↳ CMHC premium ($16,906 capitalized)

Property tax (est.)$291/mo

Total monthly$2,635

Cash Needed to Close

Down payment (5%)$22,245

Land transfer tax$5,373

Est. closing costs$3,835

Total cash needed$31,453

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Open house

722 Gillespie Avenue, Peterborough (Otonabee Ward 1) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K9J)

Book a showing

Full Cost Breakdown