$477,000

For saleJust listed

839 Mountain Ash Road, Peterborough (Otonabee Ward 1) - Single Family for Sale

839 Mountain Ash Road, Peterborough (Otonabee Ward 1), Ontario, K9J8K2

5 beds2 baths3 parking900 ft²Listed 6 days ago

Overview

This 5-bedroom, 2-bathroom home in Peterborough is for sale offering roughly 900 sq ft of space. Listed at $477,000, it is attractively priced about 12% below the $539,900 median asking price in Peterborough. It has been on the market 6 days, fresher than the Peterborough average of 62 days.

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Description

A Warm Welcome to 839 Mountain Ash Rd W, Peterborough - A Perfect Blend of Comfort, Flexibility & Opportunity! Discover this charming and beautifully updated raised bungalow offering 3+2 bedrooms and 2 full bathrooms, ideally suited for first-time buyers, investors, or multi-generational families. Nestled at the end of a quiet, family-friendly street, this home delivers both privacy and convenience in a sought-after neighborhood. Step inside to a bright, sun-filled layout featuring contemporary finishes and abundant natural light throughout. The main level boasts a functional living space, while the standout feature is the two fully equipped kitchens, providing incredible flexibility for extended family living or potential income opportunities. Enjoy outdoor living with a sunny backyard and spacious upper deck, perfect for morning coffee or entertaining guests. The fully finished lower level offers oversized windows, two additional bedrooms, a 3-piece bathroom, and a dedicated laundry area, creating a comfortable and private secondary living space. (id:66096)

Property Details

MLS®: X14129112
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Frontage: 38 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, N/A
Heating: Baseboard heaters, Natural gas
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $3,715.19/yr
Listed

Rooms

Ground level

Living room: 3.63 x 4.11 meters
Dining room: 2.39 x 4.06 meters
Kitchen: 2.31 x 3.02 meters
Primary Bedroom: 3.35 x 3.96 meters
Bedroom 2: 2.74 x 3.96 meters
Bedroom 3: 2.74 x 2.74 meters

Lower level

Laundry room: 1.47 x 3.22 meters
Kitchen: 1.22 x 0.91 meters
Bedroom: 3.14 x 3.22 meters
Bedroom: 2.79 x 9.16 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Peterborough (Otonabee Ward 1) listings, avg age

62d

Price / ft²

$530

List price

$477K

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 5-bed single family in Peterborough (Otonabee Ward 1) has been listed for 6 days, which is 56 days fresher than the city average of 62. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · SUNNY SHAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9J)

This home lists at $477,000, about 6.6× the local median household income of $72,500.

Carrying it typically needs a household income of about $93,175 (20% down, 25-yr amortization, stress-tested) — roughly 29% 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)

$477,000· $530/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,850

Min 5%50%

Mortgage payment$2,512/mo

↳ CMHC premium ($18,126 capitalized)

Property tax (est.)$310/mo

Total monthly$2,822

Cash Needed to Close

Down payment (5%)$23,850

Land transfer tax$6,015

Est. closing costs$3,931

Total cash needed$33,796

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