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New Listings in Otonabee, Peterborough

New Listings in Otonabee, Peterborough

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Otonabee Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$573,800
Difference over last year (%)
-5.7
Ask a REALTOR® for more detailed market information.

Otonabee

The neighbourhood of Otonabee can be found in the city of Peterborough, Ontario, which is situated in the Greater Peterborough metropolitan area.

Transportation

Driving is a great transportation option in this part of the city. Most properties for sale are a short drive from the nearest highway, such as Highway 7 & 115, and it is very easy to park. On the other hand, this part of Peterborough is not very transit friendly. Nevertheless, residents have access to a few bus lines, and bus stops are not very far away from most properties. Walking is not very practical for residents in this neighbourhood because meeting daily needs is sometimes difficult without a vehicle. It is also at times challenging to move around by bicycle in Otonabee because the cycling network is rather limited, and the area is not particularly flat.

Services

Daycares and primary schools are straightforward to reach on foot from most homes for sale in Otonabee. On the other hand, parents and their children may consider it very hard to access high schools without a car. Regarding food, the closest supermarket in Otonabee is typically only a very long stroll away. Furthermore, Otonabee is a good place in which to go out to eat, and home buyers benefit from a few cafes as well.

Character

Home buyers who prefer a calm ambience will enjoy Otonabee. It is easy to get to parks from the majority of locations in the neighbourhood since there are around 20 of them close by for residents to check out. This part of Peterborough is also very quiet, as there isn't a lot of street noise or city clamour closer to Highway 7 & 115.

Housing

Single detached homes are the predominant housing type, representing around 70% of dwellings in Otonabee, while townhouses make up most of the remaining housing stock. This part of the city offers mainly four or more bedroom and three bedroom homes. About three quarters of the dwellings in the neighbourhood are occupied by homeowners whereas the rest are rented. Around half of homes in this part of Peterborough were constructed in the 1960s and 1970s, while many of the remaining buildings were built pre-1960 and in the 1980s.