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Multi Family Homes For Sale in Otonabee, Peterborough

0 Multi Family Homes for Sale in Otonabee, Peterborough

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Otonabee

Part of the Greater Peterborough metropolitan area, Otonabee is a neighbourhood within Peterborough, Ontario.

Transportation

Driving is an excellent mode of transportation in Otonabee. Finding a place to park is quite easy, and the majority of real estate listings are a short drive from the nearest highway, such as Highway 7 & 115. However, commuting by transit can be challenging in this neighbourhood as a result of the service's low frequency. Thankfully, residents have access to a few bus lines, and the nearest bus stop is usually very close. Otonabee is not especially appropriate for biking as there are few bike lanes, and there are a good number of slopes. Travelling on foot is also not very feasible for house buyers in this area since few common errands can be run without the use of a vehicle.

Services

Buying one's groceries usually requires the use of a car in Otonabee. Nonetheless, it is generally a rather short walk to the nearest pharmacy, which can provide some staple foods. Residents benefit from a few restaurants and cafes as well. As far as education is concerned, daycares and primary schools are straightforward to reach on foot from most houses for sale in this area. On the other hand, there are no high schools in this part of Peterborough.

Character

Otonabee offers a calm ambience and will appeal to home buyers who enjoy spending time outdoors. This area is very quiet overall, as there tend to be low levels of noise from traffic near Highway 7 & 115. Lastly, accessing parks, such as Corrigan Hill, is easy from most locations within the neighbourhood since there are a few of them close by for residents to enjoy.

Housing

In Otonabee, about 70% of buildings are single detached homes, but townhouses are also present in the housing stock. Around half of properties in this neighbourhood were constructed between 1960 and 1980, while the majority of the remaining buildings were built pre-1960 and in the 1980s. This part of Peterborough offers mainly four or more bedroom and three bedroom homes. Roughly three quarters of the population of this neighbourhood own their home whereas renters make up the remainder.
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