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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 102 daysPrice drop · $100,000 off (-18.2%)

    487 King George Street

    Otonabee Ward 1·Peterborough, ON·K9J 1S2·Near king george st & monaghan rd

    Peterborough real estate›X8314218
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Prime investment opportunity in the sought-after South-end area of Peterborough. This Non-Conforming Duplex boasts a 1 1/2 storey layout, with the main floor offering 2 bedrooms and a bathroom, and the upstairs apartment featuring 3 bedrooms and another bathroom. The property includes a single-car detached garage, adding to its appeal for savvy investors. Perfect for those looking to maximize their investment through strategic renovations. Key highlights include new flooring throughout the main floor, a refreshed upper unit, a newly converted gas furnace, a newly added 3-piece bathroom on the second floor, large rec room in the basement, and a convenient storage room. Don't miss out on this promising opportunity to add value to your real estate portfolio.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Prime investment opportunity in the sought-after South-end area of Peterborough.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 18, 2026Price reducedCurrentReduced$449,900−$100,000 (18.2%)X8314218This page
    May 6, 2024ListedCurrentFor sale$549,900 —X8314218This page
    Jan 2, 2024SoldSold$420,000−$19,900 (4.5%)X7059402View
    Oct 5, 2023Previously listedSld$439,900 —X7059402View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      None
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 487 King George Street
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,210
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $288
    0.77% mill rate · ON
    The market

    How this home sits in the Peterborough market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Peterborough market right now

    Average sold price, days on market, and closed-transaction count for Peterborough — sourced from MLS®.

    • Avg sold price
      $580,705
      Last 30 days
    • Median sold price
      $550,000
      Middle of the market
    • Days on market
      37 d
      Avg from list to close
    • Closed last 30d
      311
      MLS® transactions
    Full Peterborough market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 487 King George Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 487 King George Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 487 King George Street listed for?

      487 King George Street is listed at $449,900 on the MLS® (listing X8314218). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 487 King George Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 5 beds
  2. 2 baths
  3. 1500-2000 sqft
  4. Duplex
  5. Built 51-99
  6. Asking
    $449,900
    $0 / sqft · MLS® X8314218
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $789,759
    $726,578Confidence range$852,940
    Asking vs estimate
    ↓below
    −$339,859
    (-43.0%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 5 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Peterborough sell in about 37 days — this one has been listed 102 days.

    Avg sold price
    $580,705
    Median sold
    $550,000
    Avg days on market
    37
    Recently sold
    311
    See comparable sales
  8. The property includes a single-car detached garage, adding to its appeal for savvy investors.
  9. Perfect for those looking to maximize their investment through strategic renovations.
  10. Don't miss out on this promising opportunity to add value to your real estate portfolio.
  11. Ask Zara a follow-up
    Sewer
  12. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    1
    Parking spaces
    4
    Driveway
    Private
  13. Interior

    4
    Basement
    Full, Partially Finished
    Family room
    Y
    Kitchens
    2
    Total rooms
    14
  14. Exterior & construction

    4
    Exterior
    Concrete
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    Pool
    None
  15. Lot & land

    1
    Year built
    51-99
  16. Listing & possession

    4
    Possession
    2024-06-28T00:00:00.000-00:00
    Occupancy
    flexible
    Property style
    1 1/2 Storey
    Property class
    Duplex
  17. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Bedroom
      11.8 × 11.5 ft
    • Living Room
      16.4 × 11.5 ft
    • Bathroom
      6.6 × 4.9 ft
    • Kitchen
      11.8 × 11.5 ft
    • Bedroom 2
      11.5 × 8.2 ft

    Second level

    5 rooms
    • Kitchen
      6.9 × 5.2 ft
    • Bedroom 4
      12.1 × 9.5 ft
    • Bedroom 3
      12.5 × 12.1 ft
    • Bedroom 5
      12.8 × 5.9 ft
    • Other
      10.2 × 5.2 ft

    Lower level

    2 rooms
    • Recreation
      14.4 × 8.9 ft
    • Laundry
      11.8 × 10.8 ft
    Combined estimate
    $2,498
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,210
    /mo
    based on the purchase price of $449,900
    $89,980 cash
    $359,920 financed
    $303,147 total interest
    Monthly payment$2,210/ month
    Principal54%$359,920
    Interest46%$303,147

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

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable duplexs that just sold in Peterborough

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 201 Romaine Street
      Sold
      Sign in for price
      201 Romaine Street
      Duplex
    • 187 Stewart Street
      Sold
      Sign in for price
      187 Stewart Street
      Duplex
    • 257 Dalhousie Street
      Sold
      Sign in for price
      257 Dalhousie Street
      Duplex
    • 189 Park Street
      Sold
      Sign in for price
      189 Park Street
      Duplex
    • 563 Aylmer Street
      Sold
      Sign in for price
      563 Aylmer Street
      Duplex
    • 263 Bethune Street
      Sold
      Sign in for price
      263 Bethune Street
      Duplex
    AddressBd / BaSqftSold$/sqft% of askSold
    487 King George StreetThis home5 / 215,002,000$449,900ask———
    201 Romaine Street4 / 22,000—
    187 Stewart Street6 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More duplexs in Peterborough

    Active listings within ±20% of this asking price.

    • 223 Antrim Street
      $499,900
      223 Antrim Street
      Duplex 4 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  18. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  19. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  20. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  21. Public listing courtesy of EXP REALTY · displayed on Summitly per MLS® data-share rules

    487 King George Street is a 5-bedroom, 2-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  22. When was 487 King George Street built?

    487 King George Street was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  23. What is the property tax for 487 King George Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 487 King George Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  24. How much would the monthly mortgage be on 487 King George Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $449,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  25. Has 487 King George Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 487 King George Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  26. What neighbourhood is 487 King George Street in?

    487 King George Street is in Otonabee Ward 1, Peterborough. The 'Neighbourhood' section below links to the live Peterborough real estate hub with average sold price, days on market, and current inventory.

  27. Is Peterborough a good place to live?

    Peterborough is one of ON's actively-tracked Summitly markets. The full Peterborough real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  28. 257 Dalhousie Street
    4 / 2
    700
    —
    189 Park Street5 / 21,100—
    563 Aylmer Street6 / 22,000—
    263 Bethune Street4 / 31,500—