Open house
Sun, Oct 18·1:00 p.m.–4:00 p.m.(Public)
Listed for:Listed 2 days ago
$469,000

488 Mckellar Street

Peterborough (Otonabee Ward 1), ON K9J 1P8

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 488 Mckellar Street, Peterborough, Otonabee Ward 1

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 488 Mckellar Street, Peterborough, Otonabee Ward 1

Summarized Description

  • Fully renovated bungalow in a family-oriented neighbourhood.
  • Legal two-bedroom apartment for rental income.
  • Modern finishes and quality upgrades throughout.
  • Move-in ready with spacious living area.
  • Updated kitchen and remodelled bathroom.
  • New flooring and furnace installed.
  • Close to shopping, parks, and transit.
  • Perfect for first-time buyers or investors.

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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,882
Land Transfer Tax Fee
$5,855

Rental Items

Rental Equipment
HWT, Furnace & AC

Basement Type
Apartment

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick Front
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
45.00 ft
Lot Depth
95.00 ft

Inclusions

Inclusions
Existing Appliances: 2 x Fridge, 2 x Stove, 2 x Range Hood, 2 x Dishwasher, 2 x Washer & Dryer. All Electronic Light Fixtures. All Mirror & Vanities

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
3
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 2
Washrooms
2
Kitchens
2

Washrooms

  • 3-piece, Main
  • 3-piece, Basement

Municipality
Peterborough
Neighbourhood
Otonabee Ward 1
Main cross streets
MONAGHAN RD/MCKELLAR ST
Directions
MONAGHAN RD/MCKELLAR ST

MLS® number
X14084582
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-15
Updated on
2026-10-16
Days on market
2 days
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
RE/MAX METROPOLIS REALTY

Home Market Value

Current home valuation for 488 Mckellar Street, Peterborough, Otonabee Ward 1, Peterborough, ON. Listed for $469,000

HOMEH Estimate

?

$434,533

Estimated Sales Range

?

$343,281 - $525,785

HOMEH Estimate for 488 Mckellar Street, Peterborough, Otonabee Ward 1

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$434,533Medium confidence
Based on 5 comparable properties
+ $34,467 (8%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Peterborough, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$23,450

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$17,822$13,085$11,162$0
=Total mortgage
$463,372$435,185$409,812$375,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,262monthly$2,125monthly$2,001monthly$1,832monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$5,855

Total Land Transfer Tax

$5,855

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