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Filipe & Isabel Ferreira

REALTOR® · RECO Reg. # 1616044

RE/MAX Ultimate Realty Inc., Brokerage · RECO Reg. # 4713274

Cell/Direct: (647) 298-9299

1192 St Clair Ave W

Toronto, ON M6E 1B4

Office: (416) 656-3500

License# 4713274

Each office independently owned and operated. For even more listings, visit remax.ca.

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Home/MLS® Search/Peterborough/599 Otonabee Drive

599 Otonabee Drive

Peterborough, ON K9J 7X8

NewActiveFor Sale
5 Beds
2 Baths
1,500 Sq Ft
Multi-Family
Ask Filipe about this propertyBook a Showing

About This Property

Incredible opportunity in one of Peterborough's most sought-after neighbourhoods - this beautifully maintained raised bungalow is a certified legal duplex that delivers serious rental income potential, flexible living arrangements, and the kind of turnkey appeal that makes buyers move fast. From the moment you arrive, the large windows throughout the entire home flood every room with natural light, creating a bright, warm, and inviting atmosphere that feels spacious and livable from top to bottom. The main floor is designed for comfortable, functional everyday living. Three well-sized bedrooms offer plenty of space for families or tenants, complemented by a full bathroom, a great kitchen with stainless steel appliances, and a generous dining room perfect for gathering. The oversized living room gives everyone room to breathe, and the dedicated main floor laundry keeps things convenient and completely independent from the unit below. The lower level takes this property to another level entirely. With two separate entrances and a full walkout at the rear, the lower unit is built for privacy, independence, and maximum rental appeal. A complete second kitchen, two additional bedrooms, a full bathroom, and its own in-suite laundry make this a fully functional unit ready to generate income from day one. The dual access points give tenants the kind of privacy and autonomy that commands top-of-market rents and keeps quality renters long-term. Whether you're a first-time buyer looking to offset your mortgage with rental income, an investor adding a legal duplex to your portfolio, or a family seeking a smart multi-generational setup, this home checks every single box. Located steps from public transit, top-rated schools, major shopping, restaurants, and all the everyday amenities Peterborough has to offer - this is a property that doesn't come up often at this price point.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms5
Bathrooms2
ListedMay 15, 2026
Postal CodeK9J 7X8

Features & Amenities

  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13117730

Listed by RE/MAX ROUGE RIVER REALTY LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$674,900

asking price

MLS®X13117730
TypeMulti-Family
CityPeterborough
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,296

/month · $539,920 mortgage

Down Payment20% — $134,980
Interest Rate5.5%

Amortization

Total Interest

$448,768

Total Cost

$988,688

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

RE/MAX ROUGE RIVER REALTY LTD.