$395,000

For sale

##2 760 George Street, Peterborough (Northcrest Ward 5) - Single Family for Sale

##2 760 George Street, Peterborough (Northcrest Ward 5), Ontario, K9H3T3

2 beds1 bath2 parking750 ft²$490/mo condo feeListed 27 days ago

Overview

This 2-bedroom, 1-bathroom condo in Peterborough is for sale offering roughly 750 sq ft of space. Listed at $395,000, it is attractively priced about 14% below the $460,000 median asking price in Peterborough. It has been on the market 27 days, fresher than the Peterborough average of 51 days.

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Description

Welcome to this charming and spacious two-bedroom, one-bathroom unit, ideally located just minutes from downtown Peterborough. Offering a wonderful blend of character and modern conveniences, this bright and inviting home is freshly painted and features soaring ceilings, exposed brick accents, beautiful hardwood flooring and large windows that fill the space with natural light. The open-concept living and kitchen area is perfect for everyday living and entertaining. The kitchen features rich cabinetry, stainless steel appliances, ample counter space and a convenient centre island. Additional highlights include a full bathroom, in-suite laundry and a covered outdoor porch, providing a lovely space to relax and unwind. Conveniently situated close to downtown shops, restaurants, cafs, parks, public transit and everyday amenities, this unique property offers comfortable living in a desirable central location. A wonderful opportunity to enjoy character, comfort and convenience in the heart of Peterborough! (id:66096)

Property Details

MLS®: X13877676
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 750 ft²
Basement: Partial
Heating: Heat Pump, Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $490/mo
Fee Includes: Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,927/yr
Listed: 27 days ago

Rooms

Main level

Living room: 4.31 x 2.45 meters
Kitchen: 2.59 x 4.08 meters
Dining room: 2.42 x 4.12 meters
Bedroom: 2.33 x 2.86 meters
Bedroom: 3.35 x 2.86 meters
Bathroom: 1.51 x 2.75 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, Water Heater
Exterior: Brick
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Peterborough (Northcrest Ward 5) listings, avg age

51d

Price / ft²

$527

List price

$395K

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 (Northcrest Ward 5) has been listed for 27 days, which is 24 days fresher than the city average of 51. Act while there is still low competition.

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Listed by RE/MAX HALLMARK EASTERN REALTY · Andrew Ingram

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9H)

This home lists at $395,000, about 6.2× the local median household income of $64,000.

Carrying it typically needs a household income of about $77,157 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.

Median household income: $64,000
Population: 29,704
Median age: 42
Owner / renter: 53% / 47%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K9H)

$395,000· $527/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,750

Min 5%50%

Mortgage payment$2,080/mo

↳ CMHC premium ($15,010 capitalized)

Property tax (est.)$327/mo

Condo fee$490/mo

Total monthly$2,898

Cash Needed to Close

Down payment (5%)$19,750

Land transfer tax$4,400

Est. closing costs$3,685

Total cash needed$27,835

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