159 King Street, Peterborough, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of Town Ward 3. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $7 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 1 Bathroom
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Office suite consisting of approximately 1200 sqft & located on the main floor of the George King building in the heart of the downtown business core. Access through the main entrance of 159 King Street, beside the elevator. Additional entrance/exit at rear of building backing onto the 171 King Street parking lot. Within walking distance to the Peterborough Transit station & King Street parking garage. Additional Rent Estimated At $9.60 per square foot (O/C $7.25; P/T$ 2.35). With Utilities Included. Suite is contiguous with suite S30 for a total of 6000 sq ft. Has own insuite washroom.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 159 King Street 120, Peterborough, ON K9J 2R8
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 $7 in Peterborough, the legal minimum down payment is $0 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 $0 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 $0.
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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.