541 Mckellar Street

Introducing a remarkable opportunity to acquire a charming house for sale in Peterborough , located at 541 Mckellar Street, Peterborough. This delightful detached property, styled as a 1 1/2 storey home, is nestled in the desirable Otonabee Ward 1 community, offering an enviable lifestyle in a great south end location. With its close proximity to the river and a park featuring a wading pool for children, this house is perfectly situated for families and individuals alike.

As you approach 541 Mckellar Street, Peterborough, you will immediately appreciate the attractive exterior, clad in durable vinyl siding. The property boasts a generous lot size of 44 x 96 feet, providing ample outdoor space for gardening or relaxation. Although there is no garage, the mutual driveway allows for convenient parking, accommodating one vehicle.

Step inside this house for sale in Peterborough, and you will find a total of six rooms, including three well-proportioned bedrooms. The living room and eat-in kitchen create a welcoming atmosphere, perfect for entertaining guests or enjoying family meals. While the house is currently unfurnished, it presents a fantastic opportunity for you to inject your own style and personality into the retro interior. Notably, there is original hardwood flooring beneath the carpet in the bedrooms and living room, waiting to be revealed and restored to its former glory.

The kitchen is conveniently located on the main floor, providing easy access for meal preparation and entertaining. The absence of an additional kitchen allows for a more spacious layout, while the partially finished basement offers potential for further development, whether it be a recreational area or additional storage space. However, it is important to note that this house for sale in Peterborough does not include a family room, den, or additional rooms beyond the specified six.

In terms of amenities, the property is equipped with municipal water and sewer services, ensuring reliable access to essential utilities. The heating system is powered by a forced air gas furnace, which was installed in 2022 as part of a series of significant renovations totalling an impressive £43,424. These renovations also included lifestyle doors and windows, completed in 2022 for £11,500, as well as new siding and insulation in 2021 for £22,500. The front and rear porches were also updated in 2021 for £4,000, enhancing the overall appeal of this house for sale in Peterborough.

While the property does not feature air conditioning, a fireplace, or a central vacuum system, it does offer internet connectivity, ensuring you remain connected in today’s digital age. The absence of a pool may be seen as a positive aspect for those seeking lower maintenance, allowing you to enjoy the local parks and recreational facilities instead.

The location of 541 Mckellar Street, Peterborough, is ideal for families, with easy access to public and high schools, churches, and the shopping hub at Lansdowne Place. This vibrant community offers a wealth of amenities and services, making it a highly sought-after area for homebuyers.

In summary, this house for sale in Peterborough presents a unique opportunity to own a beautifully renovated property in a fantastic location. With three bedrooms, a spacious living room, and an eat-in kitchen, this home is perfect for those looking to personalise their living space. Don’t miss your chance to make this charming house at 541 Mckellar Street, Peterborough, your new home. Act quickly, as properties in this desirable area are sure to attract significant interest!

Otonabee Ward 1, located in the city of Peterborough, is a picturesque and vibrant area that offers a blend of natural beauty and urban convenience. Nestled alongside the serene Otonabee River, this ward is characterised by its lush green spaces, charming residential neighbourhoods, and a strong sense of local identity. Residents enjoy easy access to parks, walking trails, and recreational facilities, making it an ideal spot for outdoor enthusiasts. The ward also benefits from a range of amenities, including shops, schools, and community services, all contributing to a welcoming atmosphere. With its rich history and friendly community spirit, Otonabee Ward 1 presents an appealing option for those seeking a balanced lifestyle in a thriving city.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is St. John Catholic Elementary School, situated just 0.6 km away, offering grades from Junior Kindergarten to Grade 8 with instruction in English. For secondary education, Holy Cross Catholic Secondary School is 2.5 km from the property, providing a Catholic curriculum for grades 9 to 12, also in English. Additionally, St. Catherine Catholic Elementary School, located 3.8 km away, caters to elementary students with a French language program, while St. Peter Catholic Secondary School, 3.5 km from the property, offers a French curriculum for secondary students. All schools are part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board, ensuring a consistent educational framework. While the schools currently have a rating of 0, they are well-regarded in the community, and their Catholic values may appeal to families seeking a faith-based education. Overall, this property’s proximity to these schools enhances its appeal for families prioritizing education.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 543 residents, with an average household size of 2.1. The community has a median age of 44.2 years, indicating a mature population. The average household income stands at $89,000, with 9.6% of residents classified as low-income. The average property price in the area is $484,000, reflecting a stable real estate market. A significant portion of the population, 53.19%, is single, while 30% of households have children, suggesting a mix of family dynamics. Immigrants make up 9.17% of the population, contributing to the area’s diversity. Renters account for 17.78% of households, although there are no condominiums available in the area. Educational attainment is notably high, with 54.12% of residents holding a college or university degree. However, a considerable 38.82% of the population is not in the labor force, which may indicate a focus on retirement or other non-working pursuits. Overall, this demographic snapshot highlights a well-educated, predominantly single community with a mix of families and a stable economic environment.