DetachedListed today

1271 Franklin Dr, Peterborough

Name: 1271 Franklin Drive
SKU: X14142600
Price: 524000 CAD
Availability: InStock

Peterborough, ON · · MLS® X14142600Updated November 3, 2026

$524,000Est. $2,574/mo mortgage

Bedrooms: 3
Bathrooms: 2
Living space: 700–1100sq ft
Parking spaces: 3

Type Detached
Garage Yes
Basement Finished

What you should know

1271 Franklin Dr is a 3-bedroom, 2-bathroom detached home in Peterborough, listed for $524,000. It has 700-1100 sq ft of living space.

This beautifully updated solid-brick bungalow is situated in a friendly and established Peterborough neighbourhood, offering 3bedrooms, 2 bathrooms and a functional layout with plenty of space for the entire family.
The updated kitchen features stainless steel appliances with plenty of space for everyday living and entertaining.
Outside, enjoy a beautiful private backyard complete with a storage shed and interlocking stone patio-perfect for summer BBQs, entertaining or relaxing outdoors.

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3 Bed, 2 Bath Detached Home in Peterborough

About 1271 Franklin Drive

This beautifully updated solid-brick bungalow is situated in a friendly and established Peterborough neighbourhood, offering 3bedrooms, 2 bathrooms and a functional layout with plenty of space for the entire family. Step inside to a bright, freshly painted interior featuring updated flooring, modern light fixtures and beautifully finished walls, creating a clean and contemporary feel throughout. The updated kitchen features stainless steel appliances with plenty of space for everyday living and entertaining. Major improvements provide added peace of mind, including an updated furnace and roof, making this a fantastic opportunity for first-time buyers, down sizers, investors or anyone looking for a well-maintained, move-in-ready home with many of the big-ticket items already taken care of. The lower level offers even more living space with a large recreation room, three-piece bathroom, workshop area and plenty of storage. The generous layout provides flexibility for a home office, gym, guest space or additional bedroom. Outside, enjoy a beautiful private backyard complete with a storage shed and interlocking stone patio-perfect for summer BBQs, entertaining or relaxing outdoors. The property also features a convenient carport and private driveway. Ideally located close to schools, parks, trails, shopping, transit and everyday amenities, this solid brick bungalow offers a great combination of location, updates and usable living space. Move-in ready, beautifully updated and full of potential.

3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $749 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 1271 Franklin Dr

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 700-1100 sq ftas stated on the listing
Parking: 3 spacesYes garage
Basement: Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 3

Interior

Basement: Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

1271 Franklin Dr Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 3, 2026For saleListedThis listingMLS® X14142600$524,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1271 Franklin Dr Compares to the Peterborough Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 710 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Peterborough market, last 90 days

Median sold price: $567,000
Average sold price: $595,695
Average days on market: 36
Homes sold: 377

Closed sales on the TRREB MLS®.

Full Peterborough market report

Recently sold nearby in Peterborough

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home1271 Franklin Drive 3 bd · 2 ba · 700 sqft	$524,000asking	$749	—	—
298 Cottonwood Drive 3 bd · 2 ba · 1,500 sqft
184 Milroy Drive 2 bd · 2 ba · 700 sqft
115 Douro Street 3 bd · 1 ba · 1,100 sqft
778 Hewitt Drive 2 bd · 2 ba · 1,500 sqft
105 Ridgewood Road 3 bd · 4 ba · 1,100 sqft
1824 Mapleridge Drive 3 bd · 2 ba · 1,100 sqft

298 Cottonwood Drive
3 bd · 2 ba · 1,500 sqft
184 Milroy Drive
2 bd · 2 ba · 700 sqft
115 Douro Street
3 bd · 1 ba · 1,100 sqft
778 Hewitt Drive
2 bd · 2 ba · 1,500 sqft
105 Ridgewood Road
3 bd · 4 ba · 1,100 sqft
1824 Mapleridge Drive
3 bd · 2 ba · 1,100 sqft

Living in Peterborough: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 1271 Franklin Dr

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,574; 20% down · 25 years · 5.5% assumed
Property tax: $288; 0.66% mill rate · ON
Total per month: $2,862; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,574

/mo

based on the purchase price of $524,000

Down payment20%

$104,800 cash

Amortization25 yr

$419,200 financed

Rate5.50%

$353,076 total interest

Principal54%$419,200

Interest46%$353,076

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: RE/MAX WEST REALTY INC., BrokerageMLS® X14142600 · Listing data last updated November 3, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Nov 2· $749/sq ft

Estimated monthly mortgage$2,574/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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