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$720,000

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504 Settler's Ridge Northwest, Peterborough (Northcrest Ward 5) - Single Family for Sale

504 Settler's Ridge Northwest, Peterborough (Northcrest Ward 5), Ontario, K9L2A6

3 beds3 baths3 parking1,750 ft²48 × 101 ft (4,848 sq ft) lot sizeListed 22 days ago

Overview

This 3-bedroom, 3-bathroom home in Peterborough is for sale offering roughly 1,750 sq ft of space. It has been on the market 22 days, fresher than the Peterborough average of 51 days.

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Description

Welcome to this charming 2+1 bedroom, 3-bathroom bungalow! Beautifully built by Cleary, this all-brick home is ideally situated in a desirable north-end neighbourhood of Peterborough, centrally located near the Peterborough Zoo and the scenic Otonabee River. Set on a corner lot, this inviting home features an abundance of bright windows throughout. The spacious living room offers plenty of natural light and Hunter Douglas shades, while the eat-in kitchen provides a comfortable space for everyday living. An additional sitting area off the dining room creates the perfect spot to relax or entertain.The finished basement offers excellent additional living space, complete with a sliding glass walkout, numerous above-grade windows, a cozy gas fireplace, a three-piece bathroom, and an extra-large bedroom. The unfinished area provides endless possibilities, whether you envision a playroom, hobby space, or additional storage. Outside, enjoy the beautiful perennial gardens, highlighted by mature Rose of Sharon trees, adding charm and colour to this lovely property. A wonderful opportunity to enjoy comfortable living in a sought-after Peterborough location, close to parks, nature, and local amenities! (id:66096)

Property Details

MLS®: X14023018
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 48 × 101 ft (4,848 sq ft)
Frontage: 48 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage, Inside Entry
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 16.88 x 4.57 meters
Kitchen: 2.74 x 4.08 meters
Other: 3.47 x 2.43 meters
Bedroom: 5.48 x 3.35 meters
Bedroom 2: 3.16 x 3.04 meters

Basement

Family room: 8.9 x 6.4 meters
Bedroom 3: 6.03 x 3.69 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Blinds, Garage door opener, Garage door opener remote(s), Water Heater
Flooring: Carpeted, Linoleum
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Irregular lot size, Sloping, Conservation/green belt, Guest Suite

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Peterborough (Northcrest Ward 5) listings, avg age

51d

Price / ft²

$411

List price

$720K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Peterborough (Northcrest Ward 5) has been listed for 22 days, which is 29 days fresher than the city average of 51. Act while there is still low competition.

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Listed by Coldwell Banker 2M Realty · Jenny Van Drunen

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9L)

This home lists at $720,000, about 7.7× the local median household income of $94,000.

Carrying it typically needs a household income of about $140,641 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.

Median household income: $94,000
Population: 7,813
Median age: 43.6
Owner / renter: 82% / 18%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K9L)

$720,000· $411/ft²

For sale

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Full Cost Breakdown

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Down Payment6.53% · $47,000

Min 6.53%50%

Mortgage payment$3,731/mo

↳ CMHC premium ($26,920 capitalized)

Property tax (est.)$582/mo

Total monthly$4,314

Cash Needed to Close

Down payment (6.53%)$47,000

Land transfer tax$10,875

Est. closing costs$4,660

Total cash needed$62,535

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Open house

504 Settler's Ridge Northwest, Peterborough (Northcrest Ward 5) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K9L)

Book a showing

Full Cost Breakdown