This well-maintained 1.5-storey home in Peterborough's Monaghan neighbourhood combines century-home character with practical updates, all within a 15-minute walk of the waterfront. The main level offers a warm living room and separate dining room with refinished hardwood floors (2023), a functional kitchen with laminate plank flooring (2021) and a sink water filtration system (2025). The living room may also turn into a fourth bedroom, perfect for rental potential.The south-facing sunroom, updated in 2023, measures 17 x 12 feet and provides bright additional living space year-round.Upstairs are three bedrooms with laminate plank flooring (2021). The major systems are current: furnace (2020), windows and shingles (2014), and central air conditioning. An electric vehicle charger was installed in 2022, a feature rarely found at this price point. Outside, the property includes a fully fenced yard, deck, covered front porch, and parking for three vehicles. The full unfinished basement provides ample storage. Located close to parks, trails, schools, public transit, and shops, this is a solid option for first-time buyers, parents wanting to buy for their university student or a family seeking a detached home with significant updates already complete.
Address
505 Paterson Street
List Price
$419,999
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
1 1/2 Storey
Transaction Type
Sale
Area
Peterborough
Sub-Area
Town Ward 3
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
7
Bathrooms
2
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
101
Lot Size Units
Feet
Lot Width
30
Parcel Number
280820145
Occupant Type
Owner
Cross Street
EAST OF RUTHERFORD AND NORTH OF WOLFE
Approx. Age
100+ Years
MLS® Number
X13554784
Listing Brokerage
ROYAL HERITAGE REALTY LTD.
Basement Area
Full, Unfinished
Postal Code
K9J 4P8
Parking
Private Triple
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$3,167.00
Tax Year
2025
Site Influences
Deck, Electric Car Charger, Fenced Yard, Porch, Public Transit, Rec./Commun.Centre, School, School Bus Route
Exterior Features
Deck, Porch
Interior Features
Other
Property Features
Electric Car Charger, Fenced Yard, Public Transit, School, School Bus Route, Rec./Commun.Centre
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Water
Cooling Features
Central Air
Construction Materials
Aluminum Siding, Stone
Direction Faces
South
Fireplace
No
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Shingles
Tax Legal Description
PT LT 13 PL 40 PETERBOROUGH PT 1 45R6870 ; PETERBOROUGH
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 3.6576 x 4.5723 | |
| Main | Dining Room | 3.6576 x 3.9624 | |
| Main | Kitchen | 4.5723 x 3.3528 | |
| Main | Sunroom | 5.1816 x 3.6576 | |
| Second | Primary Bedroom | 4.5723 x 2.7432 | |
| Second | Bedroom 2 | 3.6577 x 2.1336 | |
| Second | Bedroom 3 | 3.3528 x 2.1336 |