$429,000

$449,000For salePrice drop↓ $20,000 (4%)

988 High Street, Peterborough (Otonabee Ward 1) - Single Family for Sale

988 High Street, Peterborough (Otonabee Ward 1), Ontario, K9J5R6

3 beds1 bath2 parking900 ft²43 × 95 ft (4,131 sq ft) lot sizeListed 44 days ago

Overview

This 3-bedroom, 1-bathroom home in Peterborough is for sale offering roughly 900 sq ft of space. Listed at $429,000, it is attractively priced about 18% below the $524,900 median asking price in Peterborough. It has been on the market 44 days, fresher than the Peterborough average of 61 days.

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Description

Welcome to 988 High Street! This charming and well-maintained detached home offers exceptional value with 2+1 bedrooms. 1 bathroom & generous lot with private parking. Enjoy the warmth of hardwood flooring, a kitchen and bathroom in good condition, and several recent improvements including freshly painted rooms, updated windows and doors, central air added within the last three years. Step outside to your beautiful backyard deck, the perfect spot for morning coffee, summer entertaining or relaxing with friends and family. The spacious lot provides plenty of room to garden, play or simply enjoy the outdoors. A fantastic opportunity for first-time buyers, downsizers, small families or investors looking for a detached home with a large lot and plenty of desirable features at an attractive price. Move-in ready! full of charm and ready for its next owner. Don't miss this one! (id:66096)

Property Details

MLS®: X13814560
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 43 × 95 ft (4,131 sq ft)
Frontage: 43 ft
Storeys: 1
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,131/yr
Listed: 44 days ago

Rooms

Main level

Bedroom 3: 7.59 x 5.74 meters
Kitchen: 2.26 x 3.91 meters
Living room: 5.05 x 3.44 meters
Mud room: 2.8 x 2.88 meters

Second level

Bedroom 2: 3.48 x 4.05 meters
Primary Bedroom: 3.84 x 4.05 meters

Basement

Laundry room: 7.27 x 6.85 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, Microwave, Window Coverings, Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Carpet Free

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

44d

Peterborough (Otonabee Ward 1) listings, avg age

61d

Price / ft²

$477

List price

$429K

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 44 days, which is 17 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · GINNY KONTOSIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9J)

This home lists at $429,000, about 5.9× the local median household income of $72,500.

Carrying it typically needs a household income of about $83,799 (20% down, 25-yr amortization, stress-tested) — roughly 16% 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)

$429,000· $477/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,450

Min 5%50%

Mortgage payment$2,260/mo

↳ CMHC premium ($16,302 capitalized)

Property tax (est.)$261/mo

Total monthly$2,520

Cash Needed to Close

Down payment (5%)$21,450

Land transfer tax$5,055

Est. closing costs$3,787

Total cash needed$30,292

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