$449,900

For sale

#101 344 Florence Drive, Peterborough (Monaghan Ward 2) - Single Family for Sale

#101 344 Florence Drive, Peterborough (Monaghan Ward 2), Ontario, K9J0K4

2 beds2 baths1 parking950 ft²$398/mo condo feeListed 57 days ago

Overview

This 2-bedroom, 2-bathroom condo in Peterborough is for sale offering roughly 950 sq ft of space. Listed at $449,900, it is attractively priced about 27% below the $619,000 median asking price in Peterborough. It has been on the market 57 days, fresher than the Peterborough average of 60 days.

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Description

Reap the benefits of condo living in this beautifully maintained 2-bedroom, 2-bathroom corner unit in Parkview Estates! Built in 2020 and lovingly cared for by its original owner, this bright and inviting unit offers a wonderful blend of comfort, style, and convenience. Features include hardwood flooring, in-unit laundry, tiled showers, custom blinds, and a custom bedroom/den complete with charming French barn doors. The spacious corner primary bedroom is a true highlight, featuring large windows that fill the room with natural light and offer beautiful sunset views. You'll also find two closets and a convenient 3-piece ensuite. The unit includes a dedicated parking space located just steps from the main entrance, making everyday coming and going a breeze. A natural gas furnace, central air conditioning, and a rented hot water tank are all located in the unit. Perfectly located just minutes from Highway 115 and close to all the amenities you need, this well-maintained condo is a wonderful opportunity for first-time buyers, downsizers, or anyone looking for low-maintenance living. Don't miss your chance to make this lovely condo your new home! (id:66096)

Property Details

MLS®: X13755738
Property Type: Single Family
Zoning: 11j-'H', 7g, R.5
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $398/mo
Fee Includes: Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,948/yr
Listed: 57 days ago

Rooms

Main level

Kitchen: 3 x 3.04 meters
Living room: 6 x 3.35 meters
Laundry room: 1.37 x 1.98 meters
Primary Bedroom: 6.12 x 3.65 meters
Bedroom 2: 3.99 x 2.77 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, Stove, Dryer, Window Coverings
Exterior: Stone, Vinyl siding
Lot Features: Elevator, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Peterborough (Monaghan Ward 2) listings, avg age

60d

Price / ft²

$474

List price

$450K

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 2-bed single family in Peterborough (Monaghan Ward 2) has been listed for 57 days, which is 3 days fresher than the city average of 60. Act while there is still low competition.

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Listed by Just 3 Percent Realty Inc. · Lauren Murphy

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9J)

This home lists at $449,900, about 6.2× the local median household income of $72,500.

Carrying it typically needs a household income of about $87,881 (20% down, 25-yr amortization, stress-tested) — roughly 21% 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)

$449,900· $474/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,495

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,096 capitalized)

Property tax (est.)$329/mo

Condo fee$398/mo

Total monthly$3,097

Cash Needed to Close

Down payment (5%)$22,495

Land transfer tax$5,473

Est. closing costs$3,850

Total cash needed$31,818

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