For Sale
Just Listed
246 King George Street
Otonabee Ward 1, Peterborough, ON
$514,900
2+1Bd
2Ba
900+sqft
5Parking
50 x 119 ftlot
$572/sqft
DetachedMLS# X13639398Listed 2026-08-053 DOM
Cooling
Central Air
Basement
Finished
Just listed! New listings in Peterborough often receive offers within the first week.
About this home
Welcome to this well-maintained 2+1 bedroom home situated on a quiet street. Featuring a separate entrance with excellent in-law suite potential, this property offers flexibility for extended family living or future income opportunities. Recent upgrades include new laminate flooring (2023) throughout the main floor, new vinyl flooring in the basement, new siding, new soffit and eavestroughs, and an upgraded 200-amp electrical panel. The basement features a bedroom plus a potential second bedroom or office, along with a kitchen and bathroom, creating a functional space with excellent in-law or multi-generational living potential. Step outside to enjoy the private backyard with a walkout to the back deck - perfect for relaxing or entertaining. A carport provides convenient covered parking. A fantastic opportunity for first-time buyers, downsizers, or investors looking for a move-in-ready home with added flexibility and income potential.
WalkoutIn-law Suite
Rooms
Main Floor
| Kitchen | 3.37 × 4.49 m | |
| Dining Room | 3.73 × 2.71 m | |
| Living Room | 3.75 × 4.75 m | |
| Bedroom | 3.76 × 3.78 m | |
| Bedroom | 3.39 × 2.79 m | |
| Bathroom | 2.31 × 1.98 m | 4 Pc Bath |
Basement
| Recreation | 3.42 × 6.23 m | |
| Bedroom | 3.30 × 2.38 m | |
| Kitchen | 3.26 × 3.33 m | |
| Bathroom | 2.13 × 2.40 m | 3 Pc Bath |
| Laundry | 2.18 × 2.36 m | |
| Other | 3.23 × 4.36 m | |
| Utility Room | 1.40 × 2.52 m |
Features
- In-Law Capability
- Full
- Finished
- Central Air
- Bungalow
Financials
Annual Taxes
$3,698
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield6.1% – 8.9%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Peterborough
Days on market3 days
Buyer's MarketSeller's Market
Based on active listings in Peterborough. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
61
/ 100
Walk Score
Somewhat Walkable
38
/ 100
Transit Score
Some Transit
51
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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