Sold for:Sold Jun 5, 2026
$218,000

994 Western Avenue

Peterborough (Otonabee Ward 1), ON K9J 5W3

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 994 Western Avenue, Peterborough, Otonabee Ward 1

2026-06-01
2026-06-05
Sold
Price
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MLS#
x13220116

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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 994 Western Avenue, Peterborough, Otonabee Ward 1

Summarized Description

  • Exceptional development potential for investors.
  • Located in downtown Peterborough.
  • Walking distance to main strip and amenities.
  • Conditional approval for severance already received.
  • Opportunity to create duplex or triplex.
  • Versatile property in a central location.
  • Ideal for builders looking to maximize returns.

Investor opportunity in the heart of downtown Peterborough. Ideally located within walking distance to the city's main strip, with convenient access to the hospital, schools, and local amenities. This property presents exceptional development potential, having previously received conditional approval for severance.An excellent opportunity for builders and investors. Explore the potential to create two separate homes, or maximize returns with a duplex or triplex build (buyer to complete due diligence). A rare chance to secure a versatile property in a central location.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,583
Land Transfer Tax Fee
$1,905

Basement Type
Crawl Space

Interior Features

Interior Extras
Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Library, Public Transit, Level, Rec./Commun.Centre, School

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
60.00 ft
Lot Depth
122.50 ft
Lot Size
0.17

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
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
No
Telephone
Available

Bedrooms
2
Washrooms
1
Kitchens
1

Washrooms

  • 4-piece

Municipality
Peterborough
Neighbourhood
Otonabee Ward 1
Main cross streets
St Marys St/Western Ave
Directions
Landsdowne to Western Ave
Waterfront
None

MLS® number
X13220116
Data source
Toronto Regional Real Estate Board
Status change
2026-06-05
Listed on
2026-06-01
Days on market
4 days
Possession date
2026-06-30
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
THE NOOK REALTY INC.

Home Market Value

Current home valuation for 994 Western Avenue, Peterborough, Otonabee Ward 1, Peterborough, ON. Listed for $218,000

HOMEH Estimate

?

$268,000

Estimated Sales Range

?

$213,731 - $322,269

HOMEH Estimate for 994 Western Avenue, Peterborough, Otonabee Ward 1

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

$268,000Low confidence
Based on 4 comparable properties
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Mortgage Payment Calculator

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Peterborough, ON
Minimum Down Payment Required:5.0%

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

Minimum down payment

$10,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$8,284$6,082$5,188$0
=Total mortgage
$215,384$202,282$190,488$174,400
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$1,052monthly$988monthly$930monthly$852monthly
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Land Transfer Tax

Provincial

$1,905

Total Land Transfer Tax

$1,905

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