Welcome to this charming duplex in the heart of the Avenues! Featuring two beautifully updated 2-bedroom units, this property offers an incredible opportunity for homeowners and investors alike. With two new kitchens, new windows, tall ceilings, generous living spaces, and a detached garage, much of the work has already been done. Move into one unit and enjoy the added income from the other, or add a fantastic duplex to your investment portfolio. Ideally located within walking distance to everyday amenities, close to the hospital, parks, transit and some of the area's most sought-after schools. Character, location and income potential - all in one beautiful property.
5 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $500 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 577 Homewood Ave
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
577 Homewood Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13752798$749,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 577 Homewood Ave Compares to the Peterborough Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,684
/mo
based on the purchase price of $749,900
$149,980 cash
$599,920 financed
$505,290 total interest
Principal54%$599,920
Interest46%$505,290
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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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.
Similar homes for sale nearby in Peterborough
Other 6–7 bed homes for sale in Peterborough around $750K.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings383Homes for sale here right now.
Median vs prior 90 days+2.7%Compared with May 11 – Aug 9, 2026: prices up.
Based on 366 sales from Aug 9 – Nov 7, 2026 (337 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 577 Homewood Ave
How much is 577 Homewood Ave listed for?
577 Homewood Ave is listed at $749,900 (MLS® X13752798). Summitly updates the price as soon as the MLS® record changes.
Is $749,900 a good price for 577 Homewood Ave?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Peterborough. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 577 Homewood Ave changed?
No — 577 Homewood Ave is still listed at its original asking price of $749,900.
How many bedrooms and bathrooms does 577 Homewood Ave have?
577 Homewood Ave has 5 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a duplex in Peterborough.
How much would the monthly mortgage be on 577 Homewood Ave?
About $3,684 a month — principal and interest on $749,900 with 20% down ($149,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 577 Homewood Ave compare with other homes in Peterborough?
Its asking price of $749,900 is about 33% above the median sold price in Peterborough over the last 90 days, $565,000, across 366 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 577 Homewood Ave been sold before?
Summitly has no earlier MLS® sale or lease of 577 Homewood Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 577 Homewood Ave?
577 Homewood Ave is in Peterborough, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 577 Homewood Ave been on the market?
60 days — 577 Homewood Ave was listed on September 8, 2026.
What is the price per square foot of 577 Homewood Ave?
About $375 to $500 per square foot: the asking price of $749,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 577 Homewood Ave have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 577 Homewood Ave have a basement, and is it finished?
The listing describes the basement as: Unfinished.
