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.
Address
707 Otonabee Drive
List Price
$474,900
MLS® Status
New
Expiration Date
2026-05-01
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Peterborough
Sub-Area
ashburnham-ward-4
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
6
Rooms Below Grade
4
Bathrooms
2
Floor Area
700-1100 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
124.13
Lot Size Units
Feet
Lot Width
50.51
Parcel Number
280970302
Occupant Type
Vacant
Cross Street
Otonabee Dr and Corrigan Cres
MLS® Number
X12681738
Listing Brokerage
MINCOM KAWARTHA LAKES REALTY INC.
Basement Area
Partially Finished
Postal Code
K9J 7P8
Posession Details
Subject to Probate Completion
Parking Places (Total)
4
Parking Spaces
3
Tax Amount
$4,069.00
Tax Year
2025
Accessibility Features
Multiple Entrances
Interior Features
Primary Bedroom - Main Floor, Water Heater
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
North
Fireplace
No
Foundation Details
Block
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 7 PL 285(PETERBOROUGH) ; PT BLK A PL 285(PETERBOROUGH), PT 1 PL 45R11548, SUBJECT TO EXECUTION 96-0309, IF ENFORCEABLE ; PETERBOROUGH
Waterfront
No
Waterfront
None
Sewer
Sewer
Open Houses
- January 11, 10:00 AM - 11:30 AM
