1087 Water Street, Peterborough, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Northcrest Ward 5. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $459,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 60 x 100 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Spacious 1 1/2 storey home on a large lot in the north end, featuring 2+2 bedrooms and 2 full baths. There is also a rec room in lower level with another den/office or spare bedroom. It has been a successful student rental for the last 12 years and it's proximity to Trent University and downtown Peterborough as well as plenty of parking in the large circular drive made it appealing to many students. The space and layout is also suited to families who would like space for everyone and a large backyard for the kids. The Otonabee River provides a lovely porch view for your morning coffee. The home is freshly painted and is ready for it's next owner. Roof and Furnace are 2013, A/C 2024 and new rental hot water tank 2025.
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Property Summary
This detached home located at 1087 Water Street, Peterborough is currently for sale and has been available on SousaSells for 2 days. This property is listed at $459,000 with an estimated mortgage of $1,528* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 1087 Water Street, Peterborough is in the Northcrest Ward 5 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Northcrest Ward 5, Peterborough.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Northcrest Ward 5, Peterborough.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- Public Transit
- River/Stream
- School
- School Bus Route
Interior Features
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1087 Water Street, Peterborough, ON
Q.What is the asking price for 1087 Water Street, Peterborough, ON ?
The current listing price for 1087 Water Street, Peterborough, ON in Northcrest Ward 5, Peterborough is $459,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 1087 Water Street, Peterborough, ON ?
1087 Water Street, Peterborough, ON is a Detached (1 1/2 Storey) featuring a Partially Finished basement.
Q.What key property features does 1087 Water Street, Peterborough, ON offer?
Key property features include: Park, Public Transit, River/Stream, School, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 1087 Water Street, Peterborough, ON K9H 3P7
Based on 0 recent similar sales in the pocket.
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 $459,000 in Peterborough, the legal minimum down payment is $22,950 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 $5,655 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 $5,655.
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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.