Welcome to 707 Otonabee Drive, a solid brick bungalow offering an excellent opportunity for buyers looking to add value through cosmetic updates. Set on a generous lot with a large, private backyard, this home features a paved laneway, a detached garage, and a separate side entrance-ideal for those considering a future in-law suite or secondary living space (buyer to verify permitted uses). The main floor offers approximately 943 square feet of functional living space with hardwood flooring throughout. The layout is bright and practical, providing a strong foundation for modernization while preserving the durability of a well-built home. A newer furnace, central air conditioning, and an on-demand hot water system ensure efficient, year-round comfort. The partially finished basement expands the usable living area and includes a 2-piece bathroom with a rough-in for a future shower, allowing flexibility for further development. With 200-amp electrical service, the home is well positioned for upgrades or additional electrical needs. The home has solid bones and excellent long-term potential. Conveniently located in a desirable Peterborough neighbourhood close to amenities, schools, and transit, Hwy 115, this property presents an opportunity for first-time buyers, renovators, or investors alike. A versatile property with room to grow-707 Otonabee Drive is ready for its next chapter. This property is being sold as-is, where-is.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
700-1100
Lot Depth:
124'1½"37.8 m
Lot Frontage:
50'6⅛"15.4 m
Direction Faces:
North
Bedrooms:
3
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Block
Roof:
Asphalt Shingle
Basement:
Partially Finished
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
1.0
Parking Spaces:
3
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Subject to Probate Completion
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$4,069 /
2025
Assessment:
$- /
2025
Peterborough
Peterborough
Ashburnham Ward 4
Primary Bedroom - Main Floor, Water Heater
None
All Appliances (Stove, Fridge, Washer, Dryer) As-Is, where-is no warranties.
Data was last updated January 12, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$579,000
Min list price:
$374,900
Max list price:
$1,875,000
Avg days on market:
48
Min days on market:
3
Max days on market:
129
These statistics are generated based on the current listing's property type
and located in
Ashburnham Ward 4. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.