$424,900

For sale

760 New Romaine Street, Peterborough (Otonabee Ward 1) - Single Family for Sale

760 New Romaine Street, Peterborough (Otonabee Ward 1), Ontario, K9J2E9

3 beds1 bath2 parking350 ft²40 × 100 ft (4,000 sq ft) lot sizeListed 31 days ago

Overview

This 3-bedroom, 1-bathroom home in Peterborough is for sale offering roughly 350 sq ft of space. Listed at $424,900, it is attractively priced about 21% below the $539,900 median asking price in Peterborough. It has been on the market 31 days, fresher than the Peterborough average of 62 days.

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Description

Welcome to 760 New Romaine St, a charming 2+1 bedroom bungalow offering over $50,000 in updates and improvements. The home features updated flooring throughout, a fully updated kitchen with appliances, and a refreshed bathroom with the tub updated in 2021. The finished basement with walk-up access provides additional living space and flexibility.Major updates include roof (2019), furnace and central air (2021), along with a gas BBQ hookup and electrical panel with generator hookup. The home sits on a 40' x 100' lot with a private driveway and 2 parking spaces. Conveniently located close to schools, local amenities and workshop/employment opportunities, with bus routes providing access toward Trent University and Fleming College, including stops along High Street. (id:66096)

Property Details

MLS®: X13860430
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 2
Interior Size: 350 ft²
Lot Size: 40 × 100 ft (4,000 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,268.41/yr
Listed

Rooms

Main level

Primary Bedroom: 3.58 x 3 meters
Bedroom 2: 2.97 x 2.39 meters
Kitchen: 3.58 x 3 meters
Living room: 3.56 x 2.39 meters
Bathroom: 1.57 x 2.01 meters

Basement

Recreational, Games room: 6.86 x 3.35 meters
Bedroom: 3.45 x 3.33 meters
Utility room: 3.4 x 4.11 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, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Foundation: Block
Exterior: Aluminum siding

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

31d

Peterborough (Otonabee Ward 1) listings, avg age

62d

Price / ft²

$1,216

List price

$425K

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 (Otonabee Ward 1) has been listed for 31 days, which is 31 days fresher than the city average of 62. Act while there is still low competition.

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Listed by Royal LePage Our Neighbourhood Realty · Gary Hibbert

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9J)

This home lists at $424,900, about 5.9× the local median household income of $72,500.

Carrying it typically needs a household income of about $82,998 (20% down, 25-yr amortization, stress-tested) — roughly 14% above the area median.

Median household income: $72,500
Population: 44,547
Median age: 44
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K9J)

$424,900· $1,216/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,245

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,146 capitalized)

Property tax (est.)$272/mo

Total monthly$2,510

Cash Needed to Close

Down payment (5%)$21,245

Land transfer tax$4,973

Est. closing costs$3,775

Total cash needed$29,993

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