Sold for:Sold Apr 29, 2026
$399,900

561 Spruce Avenue

Peterborough (Otonabee Ward 1), ON K9J 5A4

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 561 Spruce Avenue, Peterborough, Otonabee Ward 1

2026-04-24
2026-04-29
Sold
Price
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MLS#
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.

$422,500Medium confidence
Based on 15 comparable properties
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

$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
Are you a first time home buyer?

Land Transfer Tax

Provincial

$4,474

Total Land Transfer Tax

$4,474

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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