220 LONDON Street, Peterborough, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $529,900 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 26 x 116 ft lot
- Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, In-Law Capability, Storage
- equipped with none, window unit(s) central cooling and highly efficient forced air heating via gas
Description
LEGAL DUPLEX | CENTRAL LOCATION | INVESTMENT OPPORTUNITY. Welcome to this centrally located legal duplex, perfectly positioned within the city and offering easy access to amenities, schools, shopping, dining and transit. Located on a transit route popular with students, this property presents an excellent opportunity for investors or those looking to offset their mortgage with rental income. The main level features a spacious kitchen, multiple living spaces, family room, dining room and plenty of storage. The second level offers two bedrooms and a full 4pc bath, along with a separate legal apartment complete with its own kitchen, living room, bedroom & full 4-piece bathroom. The finished loft provides additional flexible space and awaits your personal touch - use it as a studio, home office, hobby space or a quiet place to relax. The lower level is unfinished but offers an abundance of dry storage space along with laundry facilities. Outside, there is ample parking for several vehicles and a versatile deck system that provides options for the future. The existing deck could accommodate an above-ground pool, or it could be removed to create additional parking or green space. Updates include shingles (2016) and furnace (2022). Whether you're looking to expand your investment portfolio or take advantage of a property with multiple living spaces and future potential, this legal duplex is worth a look!
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Property Summary
This duplex located at 220 LONDON Street, Peterborough is currently for sale and has been available on SousaSells for 0 days. This property is listed at $529,900 with an estimated mortgage of $1,764* per month. It has 3 beds, 2 bathrooms, and is 2000-2500 square feet. 220 LONDON Street, Peterborough is in the Town Ward 3 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Town Ward 3, Peterborough.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Peterborough.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
Interior Features
- Accessory Apartment
- In-Law Capability
- Storage
- Water Heater
Security Features
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 220 LONDON Street, Peterborough, ON
Q.What is the asking price for 220 LONDON Street, Peterborough, ON ?
The current listing price for 220 LONDON Street, Peterborough, ON in Town Ward 3, Peterborough is $529,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 220 LONDON Street, Peterborough, ON ?
220 LONDON Street, Peterborough, ON is a Duplex (2 1/2 Storey) featuring a Partial Basement, Unfinished basement.
Q.What key property features does 220 LONDON Street, Peterborough, ON offer?
Key property features include: Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, In-Law Capability, Storage, Water Heater.
Q.What security features are installed at 220 LONDON Street, Peterborough, ON ?
Security features include: Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None, Window Unit(s).
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Pricing & Value Insights
Data-driven valuation for 220 LONDON Street, Peterborough, ON K9H 2Y9
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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 $529,900 in Peterborough, the legal minimum down payment is $27,990 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 $7,073 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 $7,073.
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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.