581 Arndon Avenue, Peterborough, ON K9J 4A9
Otonabee Ward 1, Peterborough · Near Monaghan South and Arndon · View map
About this home
Charming Character Home with Exceptional Investment Potential!Welcome to this delightful 1.5-storey home, originally built in the 1950s and full of warmth, charm, and timeless character. Situated in a highly desirable neighbourhood in Peterborough, this well-located property offers an outstanding opportunity for families, investors, or those seeking multi-generational living.Featuring 3 spacious bedrooms and 2 bathrooms, this home provides a functional layout with plenty of natural light and inviting living spaces. The separate side entrance offers excellent potential for a future in-law suite or duplex conversion (subject to municipal approvals), making it an attractive option for income generation or extended family accommodation.Outside, you'll find a generous rear yard with ample space for entertaining, gardening, children, or pets, along with the convenience of a covered carport. The location is hard to beat-close to schools, shopping, public transit, parks, and everyday amenities, with easy access to Costco Wholesale and nearby educational institutions, making it particularly appealing for student housing opportunities.Whether you're looking for a family home, an investment property, or a residence with future development potential, this charming character home delivers outstanding value in one of Peterborough's most convenient locations.Highlights:* Charming 1950s-built character home* 1.5-storey design* 3 bedrooms, 2 bathrooms* Separate side entrance with duplex/in-law suite potential* Large private rear yard* Covered carport* Excellent family-friendly neighbourhood* Ideal for families, investors, or student rentals* Close to schools, shopping, transit, parks, and Costco* Strong income and future value-add potentialA rare opportunity to own a character-filled home with flexibility, location, and investment potential all in one package.
The home
- Type
- 1 1/2 storey
- Style
- 1 1/2 Storey
- Square footage
- 700-1100 sq ft
- Bedrooms
- 2
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 7
- Basement
- Full, Partially Finished
- Lot size
- 45.7 x 96.9 ft
- Faces
- South
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick Veneer, Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Carport
- Garage spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
Taxes & other
- Property taxes
- $4,061/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- TBD
- Cross street
- Monaghan South and Arndon
- Neighbourhood
- Otonabee Ward 1
More
- Price per sq ft
- ~$555 (at 900 sq ft)
- Listed
- Jun 8, 2026 · 127 days ago
- MLS® number
- X13416644
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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.
581 Arndon Avenue, Peterborough, ON K9J 4A9
Otonabee Ward 1, Peterborough · Near Monaghan South and Arndon
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Listing history for 581 Arndon Avenue
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 581 Arndon Avenue
Answers come straight from this home’s MLS® listing.
How much is 581 Arndon Avenue listed for, and what would it cost each month?
581 Arndon Avenue is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,355 a month, all in. That figure is an illustration, not a quote.
Is 581 Arndon Avenue freehold or a condo, and is there a monthly fee?
581 Arndon Avenue is a 1 1/2 storey 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 581 Arndon Avenue have?
581 Arndon Avenue has 2 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms.
Does 581 Arndon Avenue have a garage and parking?
Yes. The listing shows the garage as carport, with room for 1 car. The driveway adds 2 spaces. In total the listing counts 3 parking spaces.
Does 581 Arndon Avenue have a finished basement?
The listing describes the basement as full, partially finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 581 Arndon Avenue?
581 Arndon Avenue is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.
How big is 581 Arndon Avenue, 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 45.7 x 96.9 ft.
How is 581 Arndon Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 581 Arndon Avenue?
Property taxes are $4,061 a year (2026), or about $338 a month.
Where is 581 Arndon Avenue?
581 Arndon Avenue is in the Otonabee Ward 1 community of Peterborough. The nearest main intersection is Monaghan South and Arndon. The postal code is K9J 4A9.
How long has 581 Arndon Avenue been on the market?
581 Arndon Avenue was listed on June 8, 2026. It has been on the market for 127 days. It is an active listing (MLS® X13416644). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 581 Arndon Avenue asking?
Similar bungalow-style homes for sale nearby right now include 545 Braidwood Avenue at $482,000 (2+1 bed), 679 Hawley Street at $474,900 (2+1 bed) and 988 High Street at $449,000 (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 581 Arndon Avenue 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 581 Arndon Avenue?
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.
1 1/2 storey$482,000545 Braidwood Avenue, Peterborough2+1 bed · 1 bath · Otonabee Ward 1Courtesy of: Exit Realty LiftlockView home →
1 1/2 storey$474,900679 Hawley Street, Peterborough2+1 bed · 2 bath · Otonabee Ward 1Courtesy of: Century 21 United Realty Inc.View home →
1 1/2 storey$449,000988 High Street, Peterborough2+1 bed · 1 bath · Otonabee Ward 1Courtesy of: RE/MAX REAL ESTATE CENTRE INC.View home →Courtesy of: SUTTON GROUP INCENTIVE REALTY INC.
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.