228 Spencley's Lane, Peterborough, ON K9H 1S3
Ashburnham Ward 4, Peterborough · Near Parkhill Rd & Armour Rd · View map
About this home
Great Opportunity in Peterborough's East City! Ideal for First-Time Buyers or Investors! Welcome to 228 Spencleys Lane, located in Peterborough's popular East City neighbourhood! This 3-bedroom, 2-bathroom home offers an affordable opportunity to get into the market or add to your investment portfolio in a fantastic location. Just minutes from Trent University, with public transit steps away and convenient access to shopping, schools, parks, and everyday amenities, this neighbourhood offers excellent accessibility and long-term appeal. The home features a functional layout with a living room, lower-level recreation room, and a bedroom with walkout access to a deck. Outside, enjoy a private backyard with space to relax or make it your own. Whether you're a first-time buyer looking to build equity, an investor seeking potential, or someone ready to roll up their sleeves and create value, this property offers an opportunity to make it your own in a well-established East City neighbourhood. Location, potential, and opportunity - all in one!
The home
- Type
- Detached home
- Style
- Backsplit 3
- Square footage
- 700-1100 sq ft
- Bedrooms
- 2
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 9
- Basement
- Full, Finished
- Lot size
- 31.8 x 102 ft
- Faces
- South
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $3,538/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Immed
- Cross street
- Parkhill Rd & Armour Rd
- Neighbourhood
- Ashburnham Ward 4
More
- Price per sq ft
- ~$489 (at 900 sq ft)
- MLS® number
- X14173416
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The home and its surroundings
- Beach
- Campground
- Place Of Worship
- School
- School Bus Route
- Deck
- Privacy
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
228 Spencley's Lane, Peterborough, ON K9H 1S3
Ashburnham Ward 4, Peterborough · Near Parkhill Rd & Armour Rd
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Listing history for 228 Spencley's Lane
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 228 Spencley's Lane
Answers come straight from this home’s MLS® listing.
How much is 228 Spencley's Lane listed for, and what would it cost each month?
228 Spencley's Lane is listed for $439,900. With 20% down ($87,980), the mortgage payment would be roughly $1,774 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,069 a month, all in. That figure is an illustration, not a quote.
Is 228 Spencley's Lane freehold or a condo, and is there a monthly fee?
228 Spencley's Lane is a detached home in Ashburnham Ward 4, Peterborough. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 228 Spencley's Lane have?
228 Spencley's Lane has 2 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms. The listing gives the style as backsplit 3.
Does 228 Spencley's Lane have a garage and parking?
The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
Does 228 Spencley's Lane have a finished basement?
The listing describes the basement as full, finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 228 Spencley's Lane?
228 Spencley's Lane is a detached home. A detached home stands on its own lot with no shared walls.
How big is 228 Spencley's Lane, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 31.8 x 102 ft.
How is 228 Spencley's Lane heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 228 Spencley's Lane?
Property taxes are $3,538 a year (2025), or about $295 a month.
Where is 228 Spencley's Lane?
228 Spencley's Lane is in the Ashburnham Ward 4 community of Peterborough. The nearest main intersection is Parkhill Rd & Armour Rd. The postal code is K9H 1S3.
Is 228 Spencley's Lane still for sale?
Yes. It is an active listing (MLS® X14173416). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 228 Spencley's Lane asking?
Similar properties for sale nearby right now include 2520 IDYLLWOOD Crescent at $399,999 (2+2 bed), 591 Otonabee Drive at $489,900 (2+1 bed) and 640 Trailview Drive at $499,900 (2+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 228 Spencley's Lane sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 228 Spencley's Lane?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Ashburnham Ward 4, picked by style, size and price.
Detached home$399,9992520 IDYLLWOOD Crescent, Peterborough2+2 bed · 2 bath · Ashburnham Ward 4Courtesy of: CENTURY 21 LEADING EDGE REALTY INC.View home →
Detached home$489,900591 Otonabee Drive, Peterborough2+1 bed · 2 bath · Ashburnham Ward 4Courtesy of: Bowes & Cocks LimitedView home →
Detached home$499,900640 Trailview Drive, Peterborough2+2 bed · 2 bath · Ashburnham Ward 4Courtesy of: RE/MAX HALLMARK EASTERN REALTYView home →Courtesy of: MinCom Kawartha Lakes Realty Inc.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.