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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@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 89 daysPrice drop · $59,100 off (-11.8%)

    487 King George Street

    Otonabee Ward 1·Peterborough, ON·K9J 1S2·Near Park St.

    • 5 beds
    Peterborough real estate›X7059402
    • 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

    Great South-end location. 1 1/2 storey set up as a duplex. 1 bedroom & bathroom on Main floor. 2 bedrooms & bathroom in upstairs apartment. This property also features a single car detached garage. This home is perfect for an investor or first-time buyer who is willing & eager to do some work to bring this home to its fullest potential. Rooms not included in Rooms/Details are 4 piece bathroom on main floor, 3 pc. bathroom on 2nd floor and storage room in basement.

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

    AI highlights by Zara
    • This property also features a single car detached garage.
    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 20, 2026Price reducedCurrentReduced$439,900−$59,100 (11.8%)X7059402This page
    Aug 16, 2024SoldSold$440,000−$9,900 (2.2%)X8314218View
    May 6, 2024Previously listedSld$449,900 —X8314218View
    Oct 5, 2023ListedCurrentFor sale$499,000 —X7059402This page
    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
    What's nearby

    Points of interest classified by the MLS® feed.

    • Level
    • Public Transit
    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
    $2,161
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $288
    0.79% 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 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 $439,900 on the MLS® (listing X7059402). 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. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. Built 51-99
  5. < .50 ac lot
  6. Asking
    $439,900
    $0 / sqft · MLS® X7059402
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $791,260
    $727,959Confidence range$854,561
    Asking vs estimate
    ↓below
    −$351,360
    (-44.4%)
    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 89 days.

    Avg sold price
    $581,809
    Median sold
    $552,500
    Avg days on market
    37
    Recently sold
    318
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    Rooms not included in Rooms/Details are 4 piece bathroom on main floor, 3 pc. bathroom on 2nd floor and storage room in basement.
    Ask Zara a follow-up
    Sewer
  8. Parking & garage

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

    5
    Basement
    Full, Finished
    Family room
    N
    Kitchens
    2
    Total rooms
    11
    Laundry level
    Lower Level
  10. Exterior & construction

    2
    Exterior
    Concrete
    Pool
    None
  11. Lot & land

    2
    Year built
    51-99
    Zoning
    R2
  12. Listing & possession

    4
    Possession
    2023-11-03T00:00:00.000-00:00
    Occupancy
    Flexible
    Property style
    1 1/2 Storey
    Property class
    Detached
  13. Combined estimate
    $2,449
    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
    $2,161
    /mo
    based on the purchase price of $439,900
    $87,980 cash
    $351,920 financed
    $296,409 total interest
    Monthly payment$2,161/ month
    Principal54%$351,920
    Interest46%$296,409

    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
    • 1166 Summit Drive
      Sold
      Sign in for price
      1166 Summit Drive
      Detached
    • 1726 Ravenwood Drive
      Sold
      Sign in for price
      1726 Ravenwood Drive
      Detached
    • 163 Herbert Street
      Sold
      Sign in for price
      163 Herbert Street
      Detached
    • 59 Kawartha Hts Boulevard
      Sold
      Sign in for price
      59 Kawartha Hts Boulevard
      Detached
    • 2285 Lynhaven Road
      Sold
      Sign in for price
      2285 Lynhaven Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    487 King George StreetThis home5 / 211,001,500$439,900ask———
    78 York Drive4 / 52,000—
    1166 Summit Drive4 / 42,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Peterborough

    Active listings within ±20% of this asking price.

    • 1096 Barnardo Avenue
      $499,900
      1096 Barnardo Avenue
      Detached 4 2
    • 1308 Monaghan Road
      $499,900
      1308 Monaghan Road
      Detached 5 2
    • 590 Murray Street
      $435,000
      590 Murray Street
      Detached 4 1
    • 21 Aylmer Street
      $499,900
      21 Aylmer Street
      Detached 4 2
    • 273 Bethune Street
      $485,000
      273 Bethune Street
      Detached 4 2
    • 551 Bethune Street
      $465,000
      551 Bethune Street
      Detached 5 2
    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.

  14. One team, no handoffs

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

  15. Showings on YOUR schedule

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

  16. Mortgage that closes

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

  17. Public listing courtesy of MCCONKEY REAL ESTATE CORPORATION · displayed on Summitly per MLS® data-share rules

    487 King George Street is a 5-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. 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.

  19. 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.

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

    The affordability calculator on this page shows an estimated monthly mortgage for $439,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. 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.

  22. 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.

  23. 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.

  24. 1726 Ravenwood Drive
    4 / 4
    2,000
    —
    163 Herbert Street4 / 2700—
    59 Kawartha Hts Boulevard4 / 31,100—
    2285 Lynhaven Road4 / 41,500—