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Neighbourhood in Peterborough
Homes for rent in Otonabee Ward 1
Otonabee Ward 1 is a residential neighbourhood in Peterborough, Ontario. It offers a mix of homes and amenities suitable for families and individuals.
Peterborough, Ontario
© Mapbox © OpenStreetMap
At a glance
Unit B, 556 Edison Avenue
Peterborough (Otonabee Ward 1)
Listed 9 days ago
- 1+1Bedrooms
- 2Bathrooms
- 0Garage
- 1.5K~2KSq.Ft.
DetachedFor Rent
Unit Main Floor, 1055 Western Avenue
Peterborough (Otonabee Ward 1)
Listed 16 days ago
- 3Bedrooms
- 1Bathroom
- 0Garage
- 700~1.1KSq.Ft.
DetachedFor Rent
Unit 4, 1837 Lansdowne Street W
Peterborough (Otonabee Ward 1)
Listed Sep 23, 2026
- 1Bedroom
- 1Bathroom
- 1Parking
- <700Sq.Ft.
MultiplexFor Rent
Unit main floor unit, 893 Ford Street
Peterborough (Otonabee Ward 1)
Listed Sep 17, 2026
- 3Bedrooms
- 1Bathroom
- 0Garage
- 700~1.1KSq.Ft.
DetachedFor Rent
Day to dayLivability
4.7
Schools near listings
out of 10 · averaged over 963 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$529,450
In Otonabee Ward 1
$529,450
In Peterborough
$579,900
In Ontario
$709,000
Median monthly rent
$2,100/mo
In Otonabee Ward 1
$2,100
In Peterborough
$2,000
In Ontario
$2,500
≈ 21 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
57
Median $529,450
Houses 45 · Condos 12
For rent
8
Median $2,100
Houses 8
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-27. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Good schools and educational facilities
- Affordable compared to city median prices
- Family-friendly with many parks
- Strong community feel
- Diverse housing types for different needs
Keep in mind
- Higher unemployment rate at 14.2%
- Limited public transit options
- Prices may be above some buyers' budgets
The feel of the placeLifestyle
Daily life here is relaxed, with access to parks and schools. The community is welcoming and family-oriented.
Within the boundaryWhat's nearby
The boundary
13.6 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
21
Parks
39
Playgrounds
7
Grocery stores
29
Restaurants
6
Cafés
5
Gyms
1
Libraries
8
Pharmacies
Counted across all 13.6 km² of Otonabee Ward 1. From OpenStreetMap, as of 2026-10-26.
The schoolsWhich schools, and how they rate
3.9/10
Average rating of the 7 rated schools in this area
9
Elementary
5
Secondary
Holy Cross Catholic Secondary School
Catholic · Grades 9–12 · Peterborough Victoria Northum Clarington CDSB
6.1/106.1 over 5 yrs367th of 742 Ontario secondary schools
840 students · EQAO 2024-2025
Kenner Collegiate and Vocational Institute
Public · Grades 9–12 · Kawartha Pine Ridge DSB
5.0/105.3 over 5 yrs552nd of 742 Ontario secondary schools
525 students · EQAO 2024-2025
St. John Catholic Elementary School
Catholic · Grades JK–8 · Peterborough Victoria Northum Clarington CDSB
4.4/104.7 over 5 yrs2,432nd of 3,045 Ontario elementary schools
270 students · EQAO 2024-2025
Keith Wightman Public School
Public · Grades JK–8 · Kawartha Pine Ridge DSB
3.6/104.4 over 5 yrs2,707th of 3,045 Ontario elementary schools
235 students · EQAO 2024-2025
Roger Neilson Public School
Public · Grades JK–8 · Kawartha Pine Ridge DSB
3.6/103.9 over 5 yrs2,707th of 3,045 Ontario elementary schools
245 students · EQAO 2024-2025
St. Alphonsus Catholic Elementary School
Catholic · Grades JK–8 · Peterborough Victoria Northum Clarington CDSB
2.4/104.1 over 5 yrs2,916th of 3,045 Ontario elementary schools
215 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Otonabee Ward 1, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
16,509
Population (2021)
13.7 km²
Area
1,202
People per km²
45.9
Median age
$72,094
Median income
61%
Own their home
2.3
People per household
7,315
Households
Every age
- Children (under 15)13.7%
- Working age (15–64)60.6%
- Seniors (65+)25.6%
What is built here
- Detached houses58%
- Semi-detached1.8%
- Townhouses5.3%
- Duplexes6.7%
- Low-rise apartments17.1%
- High-rise apartments10.7%
Own or rent
61%Owners
39%Renters
Across 7,315 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier39%
- 1961–198025%
- 1981–199011%
- 1991–200010%
- 2001–20054%
- 2006–20105%
- 2011–20153%
- 2016–20212%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 10.7%
- Born outside Canada
- 15.7%
- Hold a degree or higher
- 48.8%
- Employment rate
- 3%
- Commute by transit
- 87%
- Commute by car
- 1.6
- Children per family
- $64,933
- Median income after tax
- $84,348
- Average household income
- 13%
- Living on a low income
- $1,212/mo
- Renters pay, per month
- $1,142/mo
- Owners pay, per month
- $489,208
- Median home value at census
- 36%
- Renters spending 30%+ of income on housing
- 12.3%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 27 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, Photo: © Mapbox © OpenStreetMap
What homes in Otonabee Ward 1 actually rent for
42 homes were leased in Otonabee Ward 1 over the 12 months to September 2026. Half leased above $2,073 and half below, 8.4% lower than the 12 months before. A typical home found its tenant in 28 days — 7 days quicker than a year ago.
- Median rent
- $2,073
- -8.4% year over year
- Days to lease
- 28
- 7 days quicker
- Leases closed
- 42
- last 12 months
- Rent per square foot
- $2.10/mo
- from 33 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$2,984/mo
on a $3,000 asking rent — under ask by $16
- Of the asking rent
- 99.5%
- Leased over asking
- 2.4%
From 42 leases that closed here in the last 12 months.
Rent or buy in Otonabee Ward 1
20.1 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$499,559
224 sales
Median rent
$2,073/mo
42 leases
Gross rental yield
4.98%
before costs
Both figures come from deals that actually closed in Otonabee Ward 1 over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Otonabee Ward 1, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 2 | Not enough leases this month to report a median | |||
| Aug 2026 | 1 | Not enough leases this month to report a median | |||
| Jul 2026 | 5 | $2,200 | $2,100 – $2,600 | 27 | 100.0% |
| Jun 2026 | 5 | $2,000 | $1,799 – $2,395 | 22 | 100.0% |
| May 2026 | 1 | Not enough leases this month to report a median | |||
| Apr 2026 | 2 | Not enough leases this month to report a median | |||
| Mar 2026 | 7 | $1,500 | $1,263 – $1,825 | 13 | 100.0% |
| Feb 2026 | 2 | Not enough leases this month to report a median | |||
| Jan 2026 | 3 | Not enough leases this month to report a median | |||
| Dec 2025 | 4 | Not enough leases this month to report a median | |||
| Nov 2025 | 4 | Not enough leases this month to report a median | |||
| Oct 2025 | 6 | $1,900 | $1,463 – $2,525 | 16 | 100.0% |
| Sep 2025 | 1 | Not enough leases this month to report a median | |||
| Aug 2025 | 3 | Not enough leases this month to report a median | |||
| Jul 2025 | 5 | $2,199 | $1,950 – $3,200 | 15 | 100.0% |
| Jun 2025 | 1 | Not enough leases this month to report a median | |||
| May 2025 | 3 | Not enough leases this month to report a median | |||
| Apr 2025 | 5 | $2,400 | $2,200 – $2,700 | 55 | 100.0% |
| Mar 2025 | 2 | Not enough leases this month to report a median | |||
| Feb 2025 | 1 | Not enough leases this month to report a median | |||
| Jan 2025 | 1 | Not enough leases this month to report a median | |||
| Dec 2024 | 4 | Not enough leases this month to report a median | |||
| Nov 2024 | 2 | Not enough leases this month to report a median | |||
| Oct 2024 | 2 | Not enough leases this month to report a median | |||
| Aug 2024 | 6 | $2,150 | $1,988 – $2,350 | 27 | 100.0% |
| Jul 2024 | 4 | Not enough leases this month to report a median | |||
| Jun 2024 | 1 | Not enough leases this month to report a median | |||
| May 2024 | 3 | Not enough leases this month to report a median | |||
| Apr 2024 | 1 | Not enough leases this month to report a median | |||
| Mar 2024 | 2 | Not enough leases this month to report a median | |||
| Feb 2024 | 3 | Not enough leases this month to report a median | |||
| Jan 2024 | 1 | Not enough leases this month to report a median | |||
| Dec 2023 | 3 | Not enough leases this month to report a median | |||
26 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Otonabee Ward 1
How much does a home cost in Otonabee Ward 1?
Homes in Otonabee Ward 1 sold for a median of $499,559 over the 12 months to September 2026, across 224 closed sales — half sold for more and half for less. That is 7.6% lower than the 12 months before it.
How long does it take to sell a home in Otonabee Ward 1?
A home in Otonabee Ward 1 took a median of 26 days on the market over the 12 months to September 2026. Homes there closed at 97.8% of the asking price on average, with 10.3% selling over asking.
How much is rent in Otonabee Ward 1?
The median lease in Otonabee Ward 1 closed at $2,073 a month over the 12 months to September 2026, across 42 leases.
Is it cheaper to rent or buy in Otonabee Ward 1?
A home in Otonabee Ward 1 costs about 20.1 years of the rent on one — the median price of $499,559 against a median rent of $2,073 a month, a gross yield of 4.98%. The shorter that number, the closer buying is to renting before financing costs.
What kind of homes sell in Otonabee Ward 1?
Over the 12 months to September 2026 the mix in Otonabee Ward 1 was detached (79.0% of sales, median $503,927) and condo apartment (2.2% of sales, median $482,500).
Compiled by HOMEH from leases reported closed in Otonabee Ward 1 on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
A condo here is priced like detached houses
Half the condo apartments that changed hands in Otonabee Ward 1 over the 12 months to September 2026 sold above $482,500. The neighbourhood's median across every kind of home was $499,559 — one number, two markets.
Median closed prices over the 12 months to September 2026, from 224 sales in Otonabee Ward 1. Medians describe the group, never one home.
- Median condo sold price
- $483K
- 5 closed sales
- Days to sell
- 32
- median, condo apartments
- Share of all sales
- 2%
- of everything that closed here