193 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 $499,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 84.16 x 213.78 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Water Heater Owned, Water Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover this nicely updated home in a central location, just steps from Little Lake, shopping, recreation, and scenic trails. With three bedrooms, an updated full bathroom, a spacious living room, and a formal dining room, this home offers both comfort and functionality. Pride of ownership is evident throughout, with updates including new flooring, kitchen, bathroom, newer furnace, central air, and an owned hot water tank making it truly move-in ready. The home boasts excellent curb appeal with two inviting covered porches and well-tended gardens. Set on an oversized lot, there's plenty of potential to expand or simply enjoy the extra outdoor space. The clean basement provides ideal storage. Whether you're a first-time buyer or an investor looking for a solid, low-maintenance property with no major expenses on the horizon, this home is an excellent opportunity.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Lake/Pond, Level, Library, Park, Place Of Worship
Interior Features
Water Heater Owned, Water Meter
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 193 Lake Street, Peterborough, ON K9J 2H4
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 $499,900 in Peterborough, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.