1162 Summit Drive, Peterborough, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,250,000 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 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 47 x 197 ft lot
- Features a finished with walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Air Exchanger, Auto Garage Door Remote, Built-In Oven
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning executive bungalow in the west end of Peterborough, located on a dead end cul de sac near Kawartha Golf and Country Club perched on a ravine lot with a spectacular view over the city to the southeast. This custom-built home is exceptionally well cared for inside and out. As a retirement bungalow you can live comfortably on one floor and have the walkout separate entrance lower level for guests or extended family. As a family home you have 4 bedrooms, 3.5 baths, 3 separate living spaces, 2 full kitchens for entertaining or a ready-made in-law suite with its own entrance for mom and dad. It's very private while sitting on the entertainment size deck off the main floor family room in the summer surrounded by trees and has spectacular city views in the winter when the leaves are down. Close to Monseigneur Jamot, St. Catherines, James Strath and Crestwood schools. Presale inspection available
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Hospital, Place Of Worship, Public Transit, School, Wooded/Treed
Interior Features
Air Exchanger, Auto Garage Door Remote, Built-In Oven, Central Vacuum, In-Law Suite
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1162 Summit Drive, Peterborough, ON K9J 8A7
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 $1,250,000 in Peterborough, the legal minimum down payment is $250,000 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 $21,475 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 $21,475.
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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.