434 Edison Avenue, Peterborough, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Otonabee Ward 1. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $179,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 40 x 81.82 ft lot size
Description
Your custom home journey starts at 434 Edison Avenue, a prime building lot situated right in the heart of Peterborough. This rare blank canvas offers the perfect opportunity to build new within a mature, family-friendly neighbourhood. Boasting a manageable 40 x 81 ft footprint with R1 zoning, this property is ideally suited for a single-family residence. Because a home previously sat on this site and was professionally removed with all necessary permits, it takes the guesswork out of your build. This history brings massive financial advantages to the buyer: services are already at the lot line, meaning absolutely no fees are needed to connect to water or sewer, and there are zero development fees to be paid to the city. Gas and hydro are also readily available, paving the way for a smooth, highly cost-effective construction process. Beyond the boundaries of the lot, the location is truly unbeatable. Nestled in an established community with quiet streets, you are just seconds away from major highways, public transit routes, and all essential amenities, including local shopping, schools, and parks. It perfectly balances residential charm with ultimate urban convenience. Whether you are a strategic investor looking to bank a high-quality piece of land or a future homeowner eager to design your dream layout from the ground up, this property is an exceptional opportunity that shouldn't be missed.
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Property Summary
This vacant land located at 434 Edison Avenue, Peterborough is currently for sale and has been available on SousaSells for 111 days. This property is listed at $179,900 with an estimated mortgage of $599* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 434 Edison Avenue, Peterborough is in the Otonabee Ward 1 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Otonabee Ward 1, Peterborough.
- •Desirable Vacant Land architecture in Otonabee Ward 1, Peterborough
First-time home buyers, professionals, or investors seeking value.
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Interior Features
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Frequently Asked Questions about 434 Edison Avenue, Peterborough, ON
Q.What is the asking price for 434 Edison Avenue, Peterborough, ON ?
The current listing price for 434 Edison Avenue, Peterborough, ON in Otonabee Ward 1, Peterborough is $179,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 434 Edison Avenue, Peterborough, ON ?
434 Edison Avenue, Peterborough, ON is a Vacant Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
Data-driven valuation for 434 Edison Avenue, Peterborough, ON K9J 4G3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Peterborough, ON
For a property listed at $179,900 in Peterborough, the legal minimum down payment is $8,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,524 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,524.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.