Peterborough Homes under $600,000

Peterborough Homes under $600,000

Welcome to Peterborough, Ontario—a charming city nestled in the heart of the Kawartha Lakes region, where natural beauty meets vibrant community life. Known for its stunning landscapes, including the picturesque Otonabee River and the serene parks that dot the area, Peterborough offers a perfect blend of urban convenience and outdoor adventure. With its rich history, friendly atmosphere, and a plethora of recreational activities, it’s no wonder that families, young professionals, and retirees alike are drawn to this delightful location.

One of the most appealing aspects of Peterborough is the accessibility of affordable housing. For those seeking their dream home without breaking the bank, the city boasts a variety of homes available for under $600,000. Whether you’re looking for a cozy bungalow, a charming two-story, or a modern townhouse, Peterborough has options that cater to diverse tastes and lifestyles. Many of these homes feature spacious yards, perfect for gardening or family gatherings, and are located in welcoming neighborhoods with strong community ties.

Living in Peterborough means enjoying the best of both worlds—easy access to urban amenities, including shopping, dining, and cultural attractions, alongside the tranquility of nature. Explore the local farmers’ market, hike scenic trails, or take a leisurely stroll along the waterfront. With a strong sense of community and a variety of affordable housing options, Peterborough is not just a place to live; it’s a place to thrive. Discover your future home in this enchanting city today!

Newest Peterborough Homes under $600,000

398 Applegrove Avenue, Peterborough
$564,900
3 Beds ⋅ 1 Baths ⋅ X14034384 MLS
Welcome to 398 Applegrove Avenue, a well-cared-for brick bungalow in Peterborough's established Northcrest neighbourhood. Experience a modern-style, move-in ready home offering 3 bedrooms, a finished basement and impressive recent improvements. The main floor features a bright living room, separate dining area and an updated kitchen with newer cabinet doors, countertop, sink, flooring and backsplash, along with brand-new appliances (2026). The fully renovated bathroom (2024), features a new shower, vanity, Toto toilet and exhaust fan, giving two of the most important rooms in the home a fresh, modern ambience. Downstairs, the finished basement provides plenty of additional living space with a large rec room, office, laundry area and a possible bathroom with a built in floor drain and exhaust fan. Outside, you'll find a fenced yard, storage shed and a carport built in 2024, finished with Kaycan siding, a cedar interior, skylight and door with window. Other notable improvements include a new central air conditioner, water heater in 2026 (owned), a 200-amp electrical panel, updated double-pane windows, R60 attic insulation, modern LED lighting, newer eavestroughs and vinyl basement flooring. A boundary survey was completed in 2024. Located close to schools, parks, transit and everyday amenities, 398 Applegrove offers a desirable home, a fantastic neighbourhood with the benefit of extensive recent improvements already completed. There is also possibility for a basement apartment with a separate entrance off the kitchen.

398 Applegrove Avenue, Peterborough

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