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!
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $586 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 718 Gillespie Ave
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
700-1100 sq ftas stated on the listing
Lot size
50.00 x 100.00
Basement
Full, Unfinished
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Full · Unfinished
Lot & land
Lot dimensions
50.00 x 100.00
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
718 Gillespie 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® X14030780$409,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 718 Gillespie 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
$2,014
/mo
based on the purchase price of $409,900
$81,980 cash
$327,920 financed
$276,195 total interest
Principal54%$327,920
Interest46%$276,195
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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
Own a home on Gillespie Avenue? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 718 Gillespie Ave with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 718 Gillespie Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 2–5 bed homes for sale in Peterborough around $410K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings426Homes for sale here right now.
Median vs prior 90 days+7.0%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 388 sales from Jul 16 – Oct 14, 2026 (324 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 718 Gillespie Ave
How much is 718 Gillespie Ave listed for?
718 Gillespie Ave is listed at $409,900 (MLS® X14030780). Summitly updates the price as soon as the MLS® record changes.
Is $409,900 a good price for 718 Gillespie Ave?
Summitly rates it Above Market: the asking price is 5% to 15% above 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 718 Gillespie Ave changed?
No — 718 Gillespie Ave is still listed at its original asking price of $409,900.
How many bedrooms and bathrooms does 718 Gillespie Ave have?
718 Gillespie Ave has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Peterborough.
How much would the monthly mortgage be on 718 Gillespie Ave?
About $2,014 a month — principal and interest on $409,900 with 20% down ($81,980), 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 718 Gillespie Ave compare with other homes in Peterborough?
Its asking price of $409,900 is about 29% below the median sold price in Peterborough over the last 90 days, $578,000, across 388 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 718 Gillespie Ave been sold before?
Summitly has no earlier MLS® sale or lease of 718 Gillespie Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 718 Gillespie Ave?
718 Gillespie Ave is in Peterborough, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 718 Gillespie Ave been on the market?
718 Gillespie Ave was listed today (October 14, 2026).
What is the price per square foot of 718 Gillespie Ave?
About $373 to $586 per square foot: the asking price of $409,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 718 Gillespie Ave have a basement, and is it finished?
The listing describes the basement as: Full, Unfinished.
What is the lot size of 718 Gillespie Ave?
The lot measures 50.00 × 100.00, as published in the listing.
