Peterborough Homes under $1.5 million

Peterborough Homes under $1.5 million

Welcome to Peterborough, Ontario, a vibrant city nestled in the heart of the Kawartha Lakes region! Known for its picturesque landscapes, rich history, and a strong sense of community, Peterborough offers a perfect blend of urban amenities and natural beauty. With its charming downtown area, bustling arts scene, and proximity to stunning lakes and parks, it’s no wonder that families, young professionals, and retirees alike are drawn to this delightful city.

One of the most appealing aspects of Peterborough is its diverse real estate market, featuring a wide range of homes available for under $1.5 million. Whether you’re seeking a charming bungalow, a spacious family home, or a modern townhouse, you’ll find an impressive selection that caters to various tastes and lifestyles. Many properties boast beautiful yards, making them ideal for outdoor gatherings or simply enjoying the serene surroundings.

The city’s affordability, combined with its excellent schools, recreational facilities, and vibrant local culture, makes Peterborough an attractive choice for homebuyers. Residents enjoy easy access to the Trent-Severn Waterway, perfect for boating and fishing enthusiasts, as well as numerous parks and trails for hiking and biking.

In Peterborough, you’ll find more than just a place to live; you’ll discover a community that welcomes you with open arms. With homes under $1.5 million, now is the perfect time to explore what this charming city has to offer. Embrace the opportunity to plant your roots in a region that truly feels like home!

Newest Peterborough Homes under $1.5 million

820 Rahmel Road, Otonabee-South Monaghan
$1,149,000
4 Beds ⋅ 2 Baths ⋅ X14031452 MLS
Nearly 8 Acres Of Complete Privacy, Breathtaking Views & The Kind Of Storybook Country Setting That Is Becoming Almost Impossible To Find! A Long, Treed Private Drive Winds Up To A Peaceful Clearing Where This Beautiful Cape Cod-Style Home Sits Perfectly On The Hill, Overlooking The Otonabee River & Rolling Countryside For Miles. The Classic Wraparound Porch & Enclosed 3-Season Sunroom Capture The Spectacular Scenery, While Deeded River Access Offers A Place To Launch A Kayak Or Paddleboard! The Land Is Every Bit As Special: Open Usable Acreage, A Large Fenced Area For Pets, Cultivated Field & A Wooded Ravine With Private Trails & An Artesian Well. Inside, Approx. 2,200 Sq Ft Above Grade Is Freshly Painted And Filled With Warmth And Character, With Hardwood Flooring Throughout & Beautiful Designer Lighting Thoughtfully Chosen In A Vintage Country Style. The Main Floor Offers A Spacious Family Room With Wood-Burning Fireplace, Open Living/Dining Area & A Stunning Window-Wrapped Office With Built-In Bench & Shelving. Walk Out To The 3-Season Sunroom & Take In Serene Garden & River Views! The Generous Kitchen Features Wall-To-Wall Pantry Storage, Abundant Cabinetry & A Functional Antique Elmira Wood Cookstove. A Rear Entry, 2-Pc Bath & Impressive Double-Wide, Double-Deep Garage With Room For Up To 3 Vehicles & A Drive-Through Rear Door Add Incredible Function. Upstairs Are 4 Bedrooms & A 4-Pc Bath, Including A Spacious Primary With Walk-In Closet & Oversized Second Bedroom, Both With Charming Dormer Window Seats/Storage & Spectacular River Views! The Smaller 4th Bedroom Has Laundry Rough-Ins & Is Ideal As An Office Or Nursery. The High-Ceiling Basement Offers A Mostly Finished Office Plus Excellent Future Potential. Wonderfully Secluded Yet Easily Accessible Just South Of Peterborough & North Of Port Hope Via Hwy 28, With An Easy Connection To Hwy 401. A Truly Rare Country Retreat Where Privacy, Acreage, River Access & Unforgettable Views Come Together Beautifully!

820 Rahmel Road, Otonabee-South Monaghan
869 Clonsilla Avenue Unit 110, Peterborough
$499,900
2 Beds ⋅ 2 Baths ⋅ X14031090 MLS
Welcome to the highly desirable Kawartha Glen Condominium, offering the perfect blend of comfort, convenience, and low-maintenance living. This bright, ground-floor suite features two spacious bedrooms, two fully updated bathrooms, in-suite laundry, and secure underground parking. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an inviting space for everyday living and entertaining. Enjoy easy access to your private patio from both the primary bedroom and the living room, extending your living space outdoors. Move-in ready and thoughtfully maintained, this condo also includes two storage lockers conveniently located just steps from the unit. Residents can take advantage of the common gathering room for larger events, as well as the shared outdoor patio complete with BBQ facilities and comfortable seating areas. A wonderful opportunity to enjoy carefree condominium living in a sought-after location.

869 Clonsilla Avenue Unit 110, Peterborough
284 Kawartha Hideaway Road, Trent Lakes
$959,900
3 Beds ⋅ 2 Baths ⋅ X14030876 MLS
Welcome to this hidden gem, where memories are made. This beautifully renovated 1,765 square foot bungalow, set on a private property overlooking picturesque Buckhorn Lake. Thoughtfully updated throughout, this inviting three-bedroom, two-bathroom home combines modern comfort with relaxed lakeside living. Major improvements include a new roof in 2024, and a complete interior renovation encompassing the kitchen, bathrooms, bedrooms, and open-concept living and dining areas. Enjoy tranquil lake views from the primary bedroom, kitchen, and living and dining space. Designed for both entertaining and unwinding, the home offers something for everyone. The recreation and games room features a pool table, ping-pong table, projector television, and a cozy fire place- perfect for lively gatherings or quiet evenings. Another reason why it's been a successful income property over the last 3 years. Updated smart technology for heating, cooling and lighting makes the property easy and economical to manage, even while you are away. Spend your evenings watching spectacular sunsets from the hot tub, begin your mornings with a sauna, swim, paddle on the lake or enjoy the local golf courses, beaches and the charming village of Buckhorn has to offer, all just minutes away.

284 Kawartha Hideaway Road, Trent Lakes
1429 Clearview Drive Unit 101, Peterborough
$347,400
2 Beds ⋅ 2 Baths ⋅ X14030790 MLS
Spacious and bright 2 bedroom, 2 bathroom condo located in the desirable west end. This secure, well-maintained building offers designated parking and a fantastic location close to amenities, schools, bus routes and easy access to Hwy 115. Inside, you'll find an eat-in kitchen, separate dining area, spacious living room, large primary bedroom with a 2-Piece ensuite, a generous second bedroom and a full 4-piece bath. Enjoy the abundance of natural light from the many windows and appreciate the ample in-unit storage throughout.

1429 Clearview Drive Unit 101, Peterborough
718 GILLESPIE Avenue, Peterborough
$409,900
3 Beds ⋅ 1 Baths ⋅ X14030780 MLS
Welcome to this charming 1.5-storey 3 bedroom home, recently updated and move-in ready! Thoughtfully refreshed throughout, this home features updated kitchen cabinets, refinished hardwood floors, new trim and baseboards, and fresh paint. The main floor offers a comfortable principal bedroom and a beautifully updated four-piece bathroom. Upstairs, you'll find two additional generously sized bedrooms, each with good closet space and refinished flooring. The lower level provides ample storage space, while outside, the nice-sized lot offers plenty of room for the family to enjoy. Recent updates include a gas furnace, heat pump, breaker panel, and new roof, providing peace of mind for years to come. All that's missing is your young family to move in and make this charming home your own!

718 GILLESPIE Avenue, Peterborough
278 Dalhousie Street, Peterborough
$398,000
3 Beds ⋅ 2 Baths ⋅ X14030756 MLS
Character, convenience and versatile living space come together at 278 Dalhousie Street. This inviting century home is filled with personality, featuring warm wood floors, tall trim and original baseboards throughout the comfortable living and dining rooms. The bright kitchen offers crisp white cabinetry and plenty of functional workspace, while a three-piece bathroom added by the current owners brings welcome convenience to the main floor. The second level includes two bedrooms and a four-piece bathroom with a deep tub. One level above, the spacious third-storey bedroom offers added flexibility, with plenty of room to create a sitting area, workspace or study nook. Outdoors, restored brickwork frames the entrance, while the front porch, established gardens, partially fenced yard and generous attached storage area add to the home's appeal. Additional features include forced-air gas heating and an owned on-demand hot water heater. Ideally located close to downtown Peterborough, shopping, everyday amenities and public transit, this character-filled home offers an accessible opportunity for homeowners and investors alike. Quick closing available.

278 Dalhousie Street, Peterborough
86 Crystal Springs Drive, Otonabee-South Monaghan
$679,999
4 Beds ⋅ 2 Baths ⋅ X14030672 MLS
Located just 10 minutes from town, this inviting Stewart Hall property offers an ideal blend of space, comfort, and functionality for the whole family. Set on a generous fully fenced lot, the outdoor space features a deck overlooking the separately fenced inground pool, walkout from the laundry to hot tub, and an over-sized heated garage. The main level welcomes you with a spacious kitchen offering ample cupboard space, a dedicated dining area with walkout access to the deck, and a bright, sun-filled living room. Upstairs, the primary bedroom features a cozy gas fireplace, complemented by a second bedroom and a well-appointed five-piece bathroom. The lower level offers two additional bedrooms, a convenient two-piece bathroom, and laundry facilities. The finished basement provides even more versatile living space, making it the perfect setting for family movie nights, a recreation room, or a comfortable place to unwind complete with electric fireplace.. With plenty of room for everyone to spread out indoors and exceptional outdoor space to entertain, this Stewart Hall home offers the perfect setting to create lasting family memories.

86 Crystal Springs Drive, Otonabee-South Monaghan
62 Springbrook Drive, Peterborough
$599,900
3 Beds ⋅ 2 Baths ⋅ X14028890 MLS
Discover a home that offers the perfect blend of comfort, care and convenience in Peterborough's desirable west end. Tucked away on a quiet residential street yet just minutes from schools, everyday amenities and highway access, this well maintained home is ready to welcome its next owners. The main floor offers three bedrooms, a full bathroom and a bright, inviting living room featuring an oversized window that fills the space with natural light. The kitchen and dining areas provide a comfortable setting for everyday living, with direct access to a spacious three-season room - the perfect spot to enjoy your morning coffee, evening wine or entertain family and friends while overlooking the private yard with no neighbours behind. The lower level adds even more living space. Featuring a generous family room with a cozy gas fireplace, an additional flexible use room and a three piece bath. There is convenient direct access to the attached garage. With a metal roof, updated electrical and newer furnace (2022), this home offers the added peace of mind that comes with thoughtful maintenance and care. If you are looking for a welcoming home in a great family location, come take a closer look!

62 Springbrook Drive, Peterborough
2698 Westview Road, Selwyn
$899,000
4 Beds ⋅ 3 Baths ⋅ X14028478 MLS
Enjoy western exposure and beautiful sunsets over Buckhorn Lake from this spacious 4-bedroom, 3-bathroom year-round waterfront home on the Trent-Severn Waterway. Set on a large, level lot with plenty of room for lakeside activities, this property offers an ideal combination of comfortable year-round living and waterfront enjoyment. The bright main floor features an updated kitchen with granite countertops, stainless steel appliances and a walkout to an expansive lakeside deck spanning the length of the home, providing the perfect setting for outdoor dining, entertaining and taking in the lake views. The inviting living room features a wood-burning fireplace, while the main-floor primary bedroom includes a convenient 2-piece ensuite. A second bedroom and full bathroom with a glass-and-tile shower complete the main level. The fully finished walkout basement offers excellent additional living space, featuring a spacious family room with a propane fireplace and beautiful lake views, two additional bedrooms and a full bathroom. Step outside to the large lakeside patio with easy access to the waterfront. Enjoy boating, swimming and everything Buckhorn Lake has to offer with a large dock and cantilever-style boat lift. Additional highlights include a detached triple-car garage, paved driveway, full Generac backup generator, forced-air propane furnace and central air conditioning. With its desirable western exposure, generous outdoor living spaces and direct access to the Trent-Severn Waterway, this property offers an exceptional opportunity to enjoy waterfront living in the Kawarthas throughout all four seasons.

2698 Westview Road, Selwyn
193 Rutherford Avenue, Peterborough
$484,900
3 Beds ⋅ 1 Baths ⋅ X14027906 MLS
Renovated, sun-filled and full of space-this detached corner-lot gem is the one you've been waiting for! Welcome to this beautifully renovated 1.5-storey home, thoughtfully designed with modern finishes, a functional layout and an abundance of natural light. The main floor features stunning engineered oak hardwood flooring throughout, a spacious kitchen with quartz countertops, stainless steel appliances and a convenient breakfast bar-perfect for everyday living and entertaining. A modern 4-piece bathroom and spacious primary retreat complete the main level.Upstairs, you'll find two generously sized bedrooms, each offering plenty of natural light and comfortable living space.The lower level offers a large, versatile recreation space with high ceilings and above-grade windows that flood the room with natural light, creating a bright and inviting space that hardly feels like a basement. Perfect for a family room, home gym, office, media room or additional entertaining space.Situated on a desirable corner lot, the property boasts a detached garage and a large backyard with plenty of room to relax, entertain and enjoy the outdoors. Fully renovated and move-in ready, this home offers the perfect combination of modern style, functionality and space.

193 Rutherford Avenue, Peterborough
1479 Webster Road, Douro-Dummer
$799,900
5 Beds ⋅ 3 Baths ⋅ X14027706 MLS
Welcome to 1479 Webster Road, where peaceful country living meets modern convenience. Situated on a private 1.5-acre lot, this 2017-built home offers a versatile layout with 3+2 bedrooms and 3 full bathrooms. Ideal for multi-generational living, the home features a separate entrance and a roughed-in second kitchen, offering excellent potential for an in-law suite or additional living space. Bright, functional living areas provide plenty of room for everyday life and entertaining. Outside, enjoy a fully fenced yard, paved driveway, and heated double-car garage. Located just 5 minutes from Norwood and approximately 30 minutes from Peterborough, this property offers the best of country living with amenities within easy reach. A wonderful opportunity for families seeking space, flexibility, and room to grow.

1479 Webster Road, Douro-Dummer
504 Settler's Ridge NW, Peterborough
$720,000
3 Beds ⋅ 3 Baths ⋅ X14023018 MLS
Welcome to this charming 2+1 bedroom, 3-bathroom bungalow! Beautifully built by Cleary, this all-brick home is ideally situated in a desirable north-end neighbourhood of Peterborough, centrally located near the Peterborough Zoo and the scenic Otonabee River. Set on a corner lot, this inviting home features an abundance of bright windows throughout. The spacious living room offers plenty of natural light and Hunter Douglas shades, while the eat-in kitchen provides a comfortable space for everyday living. An additional sitting area off the dining room creates the perfect spot to relax or entertain.The finished basement offers excellent additional living space, complete with a sliding glass walkout, numerous above-grade windows, a cozy gas fireplace, a three-piece bathroom, and an extra-large bedroom. The unfinished area provides endless possibilities, whether you envision a playroom, hobby space, or additional storage. Outside, enjoy the beautiful perennial gardens, highlighted by mature Rose of Sharon trees, adding charm and colour to this lovely property. A wonderful opportunity to enjoy comfortable living in a sought-after Peterborough location, close to parks, nature, and local amenities!

504 Settler's Ridge NW, Peterborough
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