Soundproofed basement bedroom and hot tub in Peterborough bungalow

Property details for 854 Abbey Lane, Peterborough

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 2
Lot Size: 32.7 x 106.5 FT
Stories: 1
Basement: Finished, Full
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Vinyl siding
Ownership: Freehold
Annual Taxes: $4,553

This 4-bed, 2-bath bungalow on Abbey Lane is a solid pick if you want a finished basement with real flexibility. The main floor has two bedrooms, a full bath, and an eat-in kitchen with a walkout to a deck over the fenced backyard. Lower level adds two more bedrooms, one soundproofed for gaming or music, plus a second bathroom and a rec room. There's also in-law potential. The exterior is brick and vinyl, and the lot is 32.7 x 106.5 feet. Parking is two spots on the driveway, no garage. Inside, you'll find forced air gas heating and central AC. The hot tub was just serviced and stays. Taxes run about $4,553 annually. You're 1.4 km from East City Bakery and a short drive to the Peterborough Lift Lock. With a median nearby list price of $499,900, this one at $549,999 sits a bit above, but it's got the extra bedroom space and the soundproofing. Active listings are only 16 in the area, and homes are selling in about 51 days. It's a practical, updated option.

About 854 Abbey Lane, Peterborough — Property Score

Great Location

Score: 66/100

Value

Priced 12.7% below area median of $629,900 based on 137 comparable properties nearby 89

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

2 bathrooms - typical for similarly priced properties 60

3,483 sqft lot - a compact lot for the area 55

Location

$56K median household income - below the Canadian average of $70K 58

80% of residents hold postsecondary credentials - a highly educated neighbourhood 88

65% homeownership rate - a balanced mix of owners and renters 75

71% of residents commute under 30 minutes - excellent commuter accessibility 87

2,800/km² population density - a well-balanced suburban area 98

Market

Just listed - area average is 24 days on market 100

-99.4% median price change over 1 month - declining prices in the area 1

33.8 months of housing supply - 169 active listings with 5 sold last month (buyer's market) 40

Features

2-car garage - area average is 3.9 spots 80

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.83% effective tax rate ($4,553/yr) - below the Canadian average of ~1% 75

34% renter population - moderate rental market 71

Quality

Condition

Listing

34 photos provided - below the area average of 36 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.