Peterborough Homes under $1 million

Peterborough Homes under $1 million

Welcome to Peterborough, Ontario – a charming city that beautifully balances the allure of nature with the vibrancy of urban living. Nestled in the heart of the Kawartha Lakes region, Peterborough is renowned for its stunning waterfronts, lush parks, and rich cultural heritage. With a population of around 81,000, this city offers a warm, welcoming community that’s perfect for families, retirees, and young professionals alike.

One of the most appealing aspects of Peterborough is its affordability. For those seeking a home under $1 million, the options are plentiful and diverse. From cozy bungalows to spacious family homes, buyers can find properties that suit various lifestyles and needs without breaking the bank. Many homes in this price range boast modern amenities, beautiful gardens, and proximity to the city's vibrant downtown, where you can enjoy an array of shops, restaurants, and cultural venues.

Nature enthusiasts will appreciate Peterborough’s close proximity to the Trent-Severn Waterway, offering endless opportunities for boating, fishing, and hiking. The city is also home to several picturesque parks and trails that encourage outdoor activities year-round. With its strong sense of community, excellent schools, and a variety of recreational facilities, Peterborough is not just a place to live; it’s a place to thrive.

Whether you’re a first-time homebuyer or looking to invest in a growing community, Peterborough, Ontario, has something special waiting for you. Discover the charm and affordability of this vibrant city today!

Newest Peterborough Homes under $1 million

488 Mckellar Street, Peterborough
$469,000
4 Beds ⋅ 2 Baths ⋅ X14084582 MLS
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!

488 Mckellar Street, Peterborough
612 Crawford Drive, Peterborough
$539,900
3 Beds ⋅ 2 Baths ⋅ X14084414 MLS
Welcome to this well-maintained, all-brick, 3 bedroom bungalow located in Peterborough's south end. Offering convenient access to Highway 115, this home is ideal for commuters travelling to the GTA or Highway 401. Pride of ownership is evident throughout, with numerous updates including a beautiful custom kitchen, newly renovated main floor bathroom, egress window added to the basement, updated shingles, patio stone walkway, and front and rear decks. Step outside to your own backyard retreat, complete with an in ground pool featuring attractive stone coping, a metal pergola, and plenty of space to relax or entertain family and friends. For those who enjoy spending time on the water, the Otonabee River and public boat launch are just across the road, offering easy access for kayaking, boating or fishing. You'll also appreciate being just minutes from Costco, Lansdowne Place, restaurants, and everyday amenities. With so much to offer both inside and out, this is a wonderful place to call home. Floor plans and video tours are available for your convenience through the BROCHURE BUTTON on realtor.ca. Book your private showing today!

612 Crawford Drive, Peterborough
841 Fifes Bay Marina Lane, Selwyn
$872,000
5 Beds ⋅ 2 Baths ⋅ X14083512 MLS
Privacy, character and exceptional lake exposure come together at this authentic log home on Chemong Lake, just 12 minutes from Peterborough. Enjoy approximately 95 feet of south-facing waterfront and beautiful water views from both the front and back. A public boat launch is moments away, while excellent fishing and access to the Trent-Severn Waterway open up a network of lakes for boating and exploring. Exposed beams, warm wood interiors, vaulted ceilings and stone accents highlight the home's rustic character. Large windows frame the lake views. Offering 1,671 sq. ft. above grade, the versatile 3+2-bedroom layout includes three bedrooms above grade, two in the walkout lower level, two kitchens, two full bathrooms on the main floor and multiple gathering spaces. A private balcony off an upper-level bedroom offers a quiet retreat. Two kitchens and potential to separate the living spaces create possibilities for extended family, shared ownership, guests or income generation through long-term or short-term rentals, subject to applicable zoning, licensing and municipal requirements. Both living areas share lower-level laundry and access to the attached two-car garage, with driveway parking for three additional vehicles. Outdoors, enjoy a spacious lake-facing deck, floating dock, mature trees for privacy, tiered stone landscaping leading toward the waterfront and a pergola-covered dining area. A substantial stone outdoor fireplace sets the scene for memorable evenings with family and friends. Additional features include a metal roof, private well, septic system and year-round private-road access maintained through an annual contract shared by neighbouring owners. A distinctive setting for a family retreat or multigenerational home, with the flexibility to explore income potential. The property comprises two PINs, both included in the list price and offered together as one transaction. The parcels are not available separately.

841 Fifes Bay Marina Lane, Selwyn
1478 County 42 Road N, Asphodel-Norwood
$499,000
5 Beds ⋅ 1 Baths ⋅ X14082842 MLS
Large recently renovated brick bungalow on the edge of the town of Norwood. Recent improvements include roof, insulation, new exterior doors and windows, new well water filtration system with water softener and reverse osmosis filter tap in kitchen, tankless hot water heater, interior floors, doors, trim, lighting, updated electrical, kitchen, painting, bathroom and stairs. Basement has been waterproofed with a new sump pump installed, newer heat pump and furnace. No warranties as it is a power of sale. Just 25 minutes east of Peterborough or less thank 2 hrs east of Toronto Close to golf and just minutes to boating and fishing. Come for a visit and stay for a lifetime.

1478 County 42 Road N, Asphodel-Norwood
22 Pristine Trail, Cavan Monaghan
$844,999
4 Beds ⋅ 4 Baths ⋅ X14082528 MLS
Welcome to this beautiful Two Storied House with 04 (Four) Bedrooms and 04 (Four) Bathrooms on a Premium Lot and 2,682.00 Square Feet on the above grade. Open Concept Family Room with Fire Place, Spacious Living Room, Kitchen with Quartz Counter Tops, Maple Cabinets and Back Splash. Primary Bed Room and 2nd Bed Room with Huge Walking Closet. Primary Bed Room has ensuite Bath Room with Designer Tub and Glass Shower. Third and Fourth Bed Room have Semi-Ensuite Bath Room and Closet. Basement has roughin bath and Cold Cellar. Easy access to highway 115 for a quick commute to Peterborough and GTA. Close to all amenities like schools, parks and Cavan Monaghan Community Complex. Please visit the property before you make your decision. This might be your dream home.

22 Pristine Trail, Cavan Monaghan
2602 Ridgetop Crescent, Peterborough
$559,000
3 Beds ⋅ 2 Baths ⋅ X14082440 MLS
Great family 2-storey home on a quiet street in highly sought-after East City location. Walk to Little Lake, Beavermead Park, the Canoe Museum, Monsignor O'Donoghue Catholic Elementary School, the community garden, and public transit, with a quick and easy access to Highway 115. Inside you'll find practical, comfortable living. The eat-in kitchen offers plenty of cupboard space and opens to the main-floor family room complete with a gas fireplace. Separate living and dining rooms provide flexible space for everyday living and entertaining and there's a 2 pc washroom on the mainfloor. Upstairs are three bedrooms, including a good-sized primary bedroom with a convenient pass-through ensuite. The finished basement rec room adds valuable extra living space. One of the highlights of this home is the screened-in sunroom overlooking the fully fenced private backyard - perfect for relaxing, dining, or entertaining. An attached garage completes the package. A wonderful opportunity to own a solid, move-in-ready home in one of Peterborough's most convenient and desirable neighborhoods.

2602 Ridgetop Crescent, Peterborough
151 Elizabeth Avenue, Peterborough
$599,900
3 Beds ⋅ 2 Baths ⋅ X14081492 MLS
Welcome to 151 Elizabeth Avenue! Situated on a 45.5 x 100 ft lot in Peterborough's desirable North End. This immaculate 3 bedrooms, 2 bathroom brick bungalow showcases exceptional pride of ownership. Featuring a lovely four-season family room addition offering valuable extra living space, a beautifully renovated basement, and inviting interiors throughout. Newer Furnace and Central Air. Step outside to impeccable gardens and professionally maintained landscaping, creating a peaceful backyard oasis. Ideally located close to parks, schools, shopping and amenities. A wonderful opportunity in a sought-after neighbourhood!

151 Elizabeth Avenue, Peterborough
1561 Cherryhill Road, Peterborough
$679,900
4 Beds ⋅ 3 Baths ⋅ X14081460 MLS
Million dollar view plus a large unique all brick bungalow with 2735 square feet of living area above grade would lend itself to being an Air B&B easily. Room for the family to grow in a well established west end location. In law potential. Walkout to deck overlooking a private backyard oasis. Functional bungalow layout lower level walkout to patio, pool and beautiful perennial gardens! Beautiful hardwood floors in bright living and dining rooms. Quartz counter in kitchen, 3+1 bedrooms, 3 baths, rec room and family room. Move in and enjoy the country feeling in the city. Pre list home inspection in documents. Gas powered water boiling heater system. Lower bathroom new in 2025, Laundry room updated in 2023, Roof 2019, New deck main level 2026, All new windows main floor 2019. Open To Reasonable Offers.

1561 Cherryhill Road, Peterborough
603 Ludgate Street, Peterborough
$614,900
4 Beds ⋅ 2 Baths ⋅ X14081314 MLS
Tucked away behind a lush canopy of mature trees and greenery, this private East City hidden gem feels like a secret garden in the heart of the city. It is the kind of home you could easily pass by without realizing it is there. A welcoming front porch sets the tone, leading into a cozy, character-filled home that makes beautiful use of its space. Offering 4 bedrooms, a stunning stone fireplace, updated kitchen and bathrooms, hardwood floors, and a new roof, it is equal parts charming and practical. The bright lower-level family room, complete with a wet bar, walks out to a private backyard oasis with an in-ground pool, making it perfect for quiet summer days or gathering with friends and family. Surrounded by greenery, yet only moments from parks, trails, schools, and the cafes, shops, and restaurants of East City.

603 Ludgate Street, Peterborough
3463 County Road 44 N/A, Havelock-Belmont-Methuen
$349,000
2 Beds ⋅ 1 Baths ⋅ X14081234 MLS
Nestled on 10.33 picturesque, treed acres just 10 km north of Havelock, this charming 1948 log home offers a rare opportunity to restore and enjoy a true country retreat. Rich in character and largely in original condition, the storey-and-a-half home features 2 upstairs bedrooms, a main floor bathroom, and laundry facilities in the lower level. Owned for many years by collectors, the property is currently being cleared and awaits someone with vision to bring it back to its former glory. The rolling, forested acreage provides exceptional privacy and natural beauty, with abundant wildlife and birds surrounding the property. Outbuildings include two spacious double garages - one of log construction - as well as a traditional maple syrup sap house and several additional storage sheds. The property also offers plentiful trees suitable for firewood. Additional features include a dug well, known as artesian, and a septic system replaced shortly after 2010. Located on a paved road and surrounded by forest, this unique property combines rustic charm, history, and endless potential to create an exceptional rural property.

3463 County Road 44 N/A, Havelock-Belmont-Methuen
1688 Glenforest Boulevard, Peterborough
$739,900
3 Beds ⋅ 4 Baths ⋅ X14081130 MLS
Beautifully appointed and thoughtfully designed, this exceptional Peterborough Homes bungalow with a custom floorplan offers the perfect combination of elegance, comfort, and convenience. Set atop Peterborough's desirable west end, this property enjoys a rear northern exposure, with sweeping views across open fields and the pleasure of beautiful sunrises and sunsets. Designed with ease of living in mind, the gracious main floor offers everything you need on one level, without compromising on space or quality. Rich hardwood floors, generous principal rooms, two bedrooms with bathrooms, a main-floor laundry room, and an oversized walk-in pantry are just a few of the many thoughtful and accessible features here. A gas range, two gas fireplaces, two gas BBQ connections, and a backup generator add comfort, and peace of mind. When family and friends come to visit, the beautifully finished lower level with walkout provides an abundance of welcoming additional space. Featuring a third bedroom and a large four-piece bathroom, there's plenty of room for everyone to feel at home. The basement also features plenty of storage, a games room, a hobby/workshop or storage room, and a spacious rec room with second gas fireplace, whose large windows provide the magnificent views once again, with a walk out to the patio and fenced back yard. Built in 2005 and lovingly maintained, this home offers added peace of mind with several important updates already completed, including the roof (2020), Lennox central air conditioning (2018), Lennox furnace (2019), and HRV (2019). Plus some updated appliances. For those looking to simplify life without sacrificing on space, quality, convenience or comforts, this is a wonderful opportunity for your next chapter. Thoughtfully designed for everyday, with plenty of room to welcome the people you love, this is a home to enjoy for many years. Offering flexible closing to suit your timeline, this truly special property deserves a closer look.

1688 Glenforest Boulevard, Peterborough
2 Marshall Street, Cavan Monaghan
$319,000
3 Beds ⋅ 2 Baths ⋅ X14080460 MLS
LOCATION, LOCATION, LOCATION! Set at the end of a quiet dead-end street in the heart of Millbrook, this charming Century Home offers an exciting opportunity for first-time buyers, investors and renovators alike. Situated on a large, fenced and private lot, there is plenty of room to enjoy the property while bringing your vision to life. This 3 bedroom, 2 bathroom home, believed to be the original Village Station Master's home, is full of character and possibility. Inside, you'll find a vaulted kitchen ceiling and skylight that fill the space with natural light, while outside, enjoy the privacy of the rear deck overlooking the large lawn and mature grape vines intertwined along the front porch that adds to its idyllic village charm. A fantastic opportunity to truly make this home your own at an unbeatable price! Walk to local schools, shops, amenities and village trails, with easy access to Hwy 35/115 just a short drive away. Bring your ideas and unlock the potential of this special Millbrook property!

2 Marshall Street, Cavan Monaghan
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