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$550,000
Peterborough
541 Garbutt Terrace, Peterborough (Northcrest Ward 5), Ontario, K9H7S9
This 3-bedroom, 3-bathroom home in Peterborough is for sale offering roughly 1,300 sq ft of space. Listed at $550,000, it is attractively priced about 7% below the $589,990 median asking price in Peterborough.
Welcome to this well-maintained bungalow townhouse in Peterborough's desirable North End, offering flexible living space in a convenient location. The bright main floor features an open-concept kitchen, dining and living area with new kitchen appliances and a new sink, a spacious primary bedroom with an oversized closet and private ensuite, plus a front room that can be used as a bedroom or office. Step outside to enjoy the large TREX deck with a gazebo, perfect for relaxing or entertaining. The walkout lower level includes a large storage room and a self-contained suite with its own kitchen, living room, bedroom with walk-in closet, bathroom and in-suite laundry. Whether you're looking for space for extended family, multi-generational living, guests, or the potential to offset expenses with rental income, this versatile layout offers plenty of possibilities. Located just minutes from Walmart, Canadian Tire, Shoppers Drug Mart, Sobeys, schools, parks and everyday amenities, this home also offers easy access to the Parkway Trail, connecting to Jackson Park and the Trans Canada Trail for kilometres of walking and cycling. Move-in ready and low maintenance, this home is an excellent option for down-sizers, first-time buyers or anyone looking for the flexibility of a home with income potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 98 days on market, against an average age of 51 days across the listings currently for sale in this city
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.
This 3-bed single family in Peterborough (Northcrest Ward 5) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $550,000, about 8.6× the local median household income of $64,000.
Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 68% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.