Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesBlogAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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

Privacy PolicyTerms of UseCookiesSitemap

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.

    Summitly Logo
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale Listed 5 days ago

    1497 Mayfair Avenue

    Monaghan Ward 2·Peterborough, ON·K9J 6T3·Near Weller/Wallis

    • 2 beds
    Peterborough real estate›X13453672
    • 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

    Welcome to 1497 Mayfair Avenue, a well-maintained 2+1 bed brick bungalow in one of Peterborough's most sought-after West End neighbourhoods. Located just a short walk to Peterborough Regional Health Centre, Westmount PS, and St Theresa Catholic School, this established community is known for its mature tree-lined streets, pride of ownership, and consistently strong property values. Situated on a generous 60' x 105' lot, this home offers comfortable living inside and out. The bright rear sunroom provides the perfect space to enjoy your morning coffee, unwind with a book, or take in views of the private backyard year-round. Outside, mature trees and established landscaping create a peaceful setting with plenty of room for gardening, entertaining, or simply enjoying your own outdoor retreat. Inside, you'll find a functional layout with hardwood flooring, an inviting oak kitchen with built-in seating, and a large gorgeous living room with gas fireplace. The dining room was previously a 3rd main floor bedroom and could easily be converted back. The finished lower level offers additional living space, a bright bedroom, a second bathroom, and abundant storage for seasonal items, hobbies, and growing families. Recent updates include a newer furnace and central air conditioning, providing added comfort and peace of mind. Whether you're a first-time buyer, downsizer, healthcare professional, or investor seeking a location that continues to be in high demand, this property presents an outstanding opportunity in one of Peterborough's most desirable neighbourhoods.

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

    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 16, 2026ListedCurrentFor sale$549,900 —X13453672This page
    Jun 12, 2026Previously listedTer$574,900 —X13435988View
    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
      Central Air
      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.

    📍 1497 Mayfair Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Golf
    • Hospital
    • Park
    • School
    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
    $2,701
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $422
    0.92% 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
      $581,809
      Last 30 days
    • Median sold price
      $552,500
      Middle of the market
    • Days on market
      37 d
      Avg from list to close
    • Closed last 30d
      318
      MLS® transactions
    Full Peterborough market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1497 Mayfair Avenue — 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 1497 Mayfair Avenue 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 1497 Mayfair Avenue listed for?

      1497 Mayfair Avenue is listed at $549,900 on the MLS® (listing X13453672). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1497 Mayfair Avenue 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. 2 baths
  2. 700-1100 sqft
  3. Detached
  4. Built 51-99
  5. Asking
    $549,900
    $0 / sqft · MLS® X13453672
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $424,721
    $390,743Confidence range$458,698
    Asking vs estimate
    ↑↑well-above
    +$125,179
    (+29.5%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Peterborough sell in about 37 days — this one has been listed 5 days.

    Avg sold price
    $581,809
    Median sold
    $552,500
    Avg days on market
    37
    Recently sold
    318
    See comparable sales
    AI highlights by Zara
    • Situated on a generous 60' x 105' lot, this home offers comfortable living inside and out.
    • The bright rear sunroom provides the perfect space to enjoy your morning coffee, unwind with a book, or take in views of the private backyard year-round.
    • Outside, mature trees and established landscaping create a peaceful setting with plenty of room for gardening, entertaining, or simply enjoying your own outdoor retreat.
    • Inside, you'll find a functional layout with hardwood flooring, an inviting oak kitchen with built-in seating, and a large gorgeous living room with gas fireplace.
    Ask Zara a follow-up
    Sewer
  7. Parking & garage

    4
    Garage
    Carport
    Garage spaces
    1
    Parking spaces
    3
    Driveway
    Private
  8. Interior

    4
    Basement
    Separate Entrance, Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    6
  9. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Block
    Pool
    None
  10. Lot & land

    2
    Year built
    51-99
    Zoning
    R1
  11. Listing & possession

    4
    Possession
    2026-07-31T00:00:00.000-00:00
    Occupancy
    End of July
    Property style
    Bungalow
    Property class
    Detached
  12. Combined estimate
    $3,123
    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
    $2,701
    /mo
    based on the purchase price of $549,900
    $109,980 cash
    $439,920 financed
    $370,528 total interest
    Monthly payment$2,701/ month
    Principal54%$439,920
    Interest46%$370,528

    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 detacheds that just sold in Peterborough

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

    • 78 York Drive
      Sold
      Sign in for price
      78 York Drive
      Detached
    • 2301 Sumac Street
      Sold
      Sign in for price
      2301 Sumac Street
      Detached
    • 507 Clancy Crescent
      Sold
      Sign in for price
      507 Clancy Crescent
      Detached
    • 1726 Ravenwood Drive
      Sold
      Sign in for price
      1726 Ravenwood Drive
      Detached
    • 1166 Summit Drive
      Sold
      Sign in for price
      1166 Summit Drive
      Detached
    • 163 Herbert Street
      Sold
      Sign in for price
      163 Herbert Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    1497 Mayfair AvenueThis home2 / 27,001,100$549,900ask———
    78 York Drive4 / 52,000—
    2301 Sumac Street3 / 31,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Peterborough

    Active listings within ±20% of this asking price.

    • 636 Frank Street
      $619,000
      636 Frank Street
      Detached 3 2
    • 470 O'connell Road
      $510,000
      470 O'connell Road
      Detached 2 2
    • 217 MCClennan Street
      $649,900
      217 MCClennan Street
      Detached 3 2
    • 1092 Glendale Drive
      $659,000
      1092 Glendale Drive
      Detached 3 2
    • 217 Euclid Avenue
      $639,000
      217 Euclid Avenue
      Detached 3 2
    • 1288 Clonsilla Avenue
      $445,000
      1288 Clonsilla Avenue
      Detached 3 1
    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.

  13. One team, no handoffs

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

  14. Showings on YOUR schedule

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

  15. Mortgage that closes

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

  16. Public listing courtesy of Coldwell Banker Electric Realty · displayed on Summitly per MLS® data-share rules

    1497 Mayfair Avenue is a 2-bedroom, 2-bath, 700-1100 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 1497 Mayfair Avenue built?

    1497 Mayfair Avenue was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  18. What is the property tax for 1497 Mayfair Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1497 Mayfair Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 1497 Mayfair Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $549,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 1497 Mayfair Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1497 Mayfair Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 1497 Mayfair Avenue in?

    1497 Mayfair Avenue is in Monaghan Ward 2, Peterborough. The 'Neighbourhood' section below links to the live Peterborough real estate hub with average sold price, days on market, and current inventory.

  22. 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.

  23. 507 Clancy Crescent
    2 / 2
    700
    —
    1726 Ravenwood Drive4 / 42,000—
    1166 Summit Drive4 / 42,500—
    163 Herbert Street4 / 2700—