488 Mckellar Street, Peterborough, ON K9J 1P8
Otonabee Ward 1, Peterborough · Near MONAGHAN RD/MCKELLAR ST · View map
About this home
Welcome To This Beautifully Renovated Bungalow In A Quiet Established Neighbourhood! Completely Renovated From Top To Bottom, This Move-In Ready Home Offers Modern Finishes, Quality Upgrades And A Functional Layout Throughout. The Bright Main Floor Features A Spacious Living Area, A Beautifully Updated Kitchen, Two Generously Sized Bedrooms And A Remodelled Bathroom. Almost Everything Has Been Redone, Including New Flooring, Kitchens, Bathrooms, Pot Lights, A New Furnace, Plumbing And The List Goes On! The Fully Finished Basement Features A Legal Two-Bedroom Apartment With Its Own Kitchen And Bathroom, Offering Excellent Rental Income Potential Or Additional Living Space For Multi-Generational Families. The Exterior Is Equally Impressive With A Brand-New Concrete Driveway. Perfect For First-Time Buyers, Investors Or Families Looking For A Turnkey Property With Income Potential. Ideally Located Just Minutes From The River, Community Centre, Lansdowne Place Mall, Parks, Shopping, Transit And Everyday Amenities. An Incredible Opportunity To Own A Fully Renovated Home In A Convenient And Established Peterborough Neighbourhood!
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 2
- Basement bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 5
- Basement
- Apartment
- Lot size
- 45 x 95 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick Front
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $3,882/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- FLEXIBLE
- Cross street
- MONAGHAN RD/MCKELLAR ST
- Neighbourhood
- Otonabee Ward 1
More
- Price per sq ft
- ~$521 (at 900 sq ft)
- Listed
- Oct 15, 2026 · today
- MLS® number
- X14084582
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
488 Mckellar Street, Peterborough, ON K9J 1P8
Otonabee Ward 1, Peterborough · Near MONAGHAN RD/MCKELLAR ST
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Listing history for 488 Mckellar Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 488 Mckellar Street
Answers come straight from this home’s MLS® listing.
How much is 488 Mckellar Street listed for, and what would it cost each month?
488 Mckellar Street is listed for $469,000. With 20% down ($93,800), the mortgage payment would be roughly $1,892 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,215 a month, all in. That figure is an illustration, not a quote.
Is 488 Mckellar Street freehold or a condo, and is there a monthly fee?
488 Mckellar Street is a bungalow in Otonabee Ward 1, Peterborough. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 488 Mckellar Street have?
488 Mckellar Street has 2 bedrooms, plus 2 more bedrooms in the basement, and 2 bathrooms.
Does 488 Mckellar Street have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 488 Mckellar Street have a finished basement?
The listing describes the basement as apartment. It counts 2 bedrooms on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 488 Mckellar Street?
488 Mckellar Street is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 488 Mckellar Street, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 45 x 95 ft.
How is 488 Mckellar Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 488 Mckellar Street?
Property taxes are $3,882 a year (2026), or about $324 a month.
Where is 488 Mckellar Street?
488 Mckellar Street is in the Otonabee Ward 1 community of Peterborough. The nearest main intersection is MONAGHAN RD/MCKELLAR ST. The postal code is K9J 1P8.
How long has 488 Mckellar Street been on the market?
488 Mckellar Street was listed on October 15, 2026. It came on the market today. It is an active listing (MLS® X14084582). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 488 Mckellar Street asking?
Similar bungalow-style homes for sale nearby right now include 246 King George Street at $489,000 (2 bed), 760 New Romaine Street at $424,900 (2+1 bed) and 687 Lundy's Lane at $519,900 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 488 Mckellar Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 488 Mckellar Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Otonabee Ward 1, picked by style, size and price.
Bungalow$489,000246 King George Street, Peterborough2 bed · 2 bath · Otonabee Ward 1Courtesy of: Ball Real Estate Inc.View home →
Bungalow$424,900760 New Romaine Street, Peterborough2+1 bed · 1 bath · Otonabee Ward 1Courtesy of: Royal LePage Our Neighbourhood RealtyView home →
Bungalow$519,900687 Lundy's Lane, Peterborough2+1 bed · 2 bath · Otonabee Ward 1Courtesy of: Bowes & Cocks LimitedView home →Courtesy of: RE/MAX METROPOLIS REALTY
PropTx MLS® assumes no responsibility for the accuracy of any information shown. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.