
561 Spruce Avenue
Peterborough (Otonabee Ward 1), ON K9J 5A4
- 2Bedrooms
- 2Bathrooms
- 1Garage
- 700–1100Sq Ft
- $3,942Tax
- 49×102 ftLot Size
- Estimated Value:$422,500See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 561 Spruce Avenue, Peterborough, Otonabee Ward 1
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-04-24 | 2026-04-29 | Login to See Prices | Sold | x13041374 |
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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 561 Spruce Avenue, Peterborough, Otonabee Ward 1
Summarized Description
- Well-maintained 2-bedroom, 1.5-bath brick bungalow.
- Spacious living room with hardwood flooring.
- Finished basement with recreation room and bar.
- Private backyard with deck for relaxation.
- Great south-end location near Otonabee River.
- Flexible space ideal for home office.
- Detached garage and ample parking available.
- Potential for adding an additional unit.
Welcome to this well-maintained 2-bedroom, 1.5-bath brick bungalow. Perfect for first-time buyers, downsizers, or investors, this home blends character with functionality in a great south-end location just steps to the Otonabee River. The bright main level features a spacious living room with hardwood flooring and a classic fireplace, a separate dining area, and a functional kitchen with ample cabinetry and natural light. Two generously sized bedroom, including a flexible space ideal for a home office, complete the main floor, along with a full bathroom and convenient powder room. The finished basement provides additional living space with a large recreation room, bar area, laundry, and storage and potential for adding an additional unit. Step outside to enjoy a private backyard with deck, perfect for relaxing or hosting. A detached garage and private driveway provide ample parking.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,942
- Land Transfer Tax Fee
- $4,474
Rental Items
- Rental Equipment
- Hot water tank.
- Under Contract
- Hot Water Tank-Electric
- Basement Type
- Partially Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- None
- Fireplace/Stove
- Yes
- Fireplace Features
- Living Room
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Fenced Yard, Level, Public Transit, School Bus Route, School
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 49.05 ft
- Lot Depth
- 101.50 ft
- Lot Size
- 49.05 x 101.50
- Lot Size Code
- 49.05 x 101.50
Inclusions
- Inclusions
- none
Exclusions
- Exclusions
- Personal belongings.
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Dining Room—Main level
- Bedroom—Main level
- Bedroom—Main level
- Bathroom—Main level, 4 Pc Bath
- Recreation—Basement level
- Other—Basement level, B/I Bar
- Laundry—Basement level
- Bathroom—Basement level, 2 Pc Bath
- Utility Room—Basement level
- Other—Basement level
Washrooms
- 4-piece, Main
- 2-piece, Basement
- Municipality
- Peterborough
- Neighbourhood
- Otonabee Ward 1
- Main cross streets
- Cameron St/Spruce Ave
- Directions
- Cameron St/Spruce Ave
- Waterfront
- None
- MLS® number
- X13041374
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-29
- Listed on
- 2026-04-24
- Days on market
- 5 days
- Possession type
- 60-89 days
- Co-op commission
- 2.25% + HST
- Seller
- Listed by
- RE/MAX HALLMARK EASTERN REALTY
Home Market Value
Current home valuation for 561 Spruce Avenue, Peterborough, Otonabee Ward 1, Peterborough, ON. Listed for $399,900
HOMEH Estimate
$422,500
Estimated Sales Range
$333,775 - $511,225
HOMEH Estimate for 561 Spruce Avenue, Peterborough, Otonabee Ward 1
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$19,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,196 | $11,157 | $9,518 | $0 |
=Total mortgage | $395,101 | $371,067 | $349,433 | $319,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,929monthly | $1,812monthly | $1,706monthly | $1,562monthly |
Land Transfer Tax
$4,474
$4,474
Around this home
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