Listed by Right At Home Realty.

727 Payne Street is a Detached, Bungalow and is currently for Sale @ $299,999. Taxes in 2025 were $4,051.00.

More homes for sale under 300k in Peterborough

Tucked into the quiet streets of South Peterborough, this bungalow is a rare find for contractors, renovators, and handy homeowners alike. The Bungalow on 727 Payne Street has 4 bedrooms, 2 bathrooms, and is located on a 124 x 39.6 ft loton < .50 acres in the community of Otonabee Ward 1 . Just a short stroll from the beautiful Otanabee River, you'll enjoy peaceful surroundings with the kind of neighbourhood charm that's hard to come by. The hard work is already done, and done right. The home has been fully stripped back to the studs, with brand new electrical throughout, a 200-amp panel, and all-new plumbing already in place. The bones are solid, the systems are fresh, and the canvas is completely yours. The partially finished basement, complete with a separate entrance and roughed-in kitchen, is perfectly positioned for an in-law suite, rental unit, or multi-generational living. The potential here is hard to ignore. All the heavy lifting has been taken care of. What's left is the fun part: choosing your finishes, putting your stamp on every room, and turning this blank slate into exactly the home you've always envisioned.Opportunities like this don't come around often. If you've been waiting for the right project, this is it

The address 727 Payne Street was listed for sale (MLS# X13112440) on Monday, May 11, 2026.