147 Lake Street, Peterborough, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $419,900 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 34.42 x 72 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Absolutely adorable and meticulously cared for, this charming 1-bedroom, 1-bath bungalow is the perfect blend of character, comfort, and low-maintenance living. From the moment you arrive, the welcoming covered front porch sets the tone, a cozy spot for morning coffee or quiet evenings at home. Inside, you'll love the warmth of the hardwood floors and the bright, refreshed interior. The updated kitchen offers modern style and function, while major upgrades provide true peace of mind, including a new furnace, new heat pump, updated eavestroughs and fascia, plus a brand-new front porch and back deck. A standout feature is the custom 10x20 heated and air-conditioned outbuilding, ideal for a home office, studio, gym, or creative retreat, along with additional separate storage space.The backyard is beautifully finished with decorative stone, creating a maintenance-free outdoor space designed for relaxing and entertaining without the upkeep of grass. Perfect for first-time buyers, downsizers, or anyone looking for a turnkey home packed with charm and smart updates. Location truly sets this home apart, just steps from Little Lake and within easy walking distance to shops, restaurants, and everyday amenities. You will love the convenience and lifestyle this neighborhood offers.
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Pricing & Value Insights
Data-driven valuation for 147 Lake Street, Peterborough, ON K9J 2H2
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About Purchasing a Home in Peterborough, ON
For a property listed at $419,900 in Peterborough, the legal minimum down payment is $20,995 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 $4,873 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 $4,873.
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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.