Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Ashburnham Ward 4. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $497,900 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.
Much sought after East City starter! Beautiful brick bungalow in the heart of East City! Located within an easy walk of the cafe district and a very short walk away from the canal, walking/biking trails, public parks and the world famous Peterborough Liftlocks! You'll love walking to Hunter Street for shopping and dining, or perhaps a short bike to the Canadian Canoe Museum for a latte. Take in the Folk festival or free summer concerts by the lake or head towards Trent University by biking trail, just a short stroll away. The home features upstairs a large dining/living area, newly renovated 3 piece bathroom, two generously sized bedrooms with closets and a kitchen with walk-out to the deck, perfect for BBQing! The lower level is finished with another bedroom (or office) and laundry area. Beautiful flat, large fenced-in private back yard! Updates include new tub/shower from Peterborough bath fitters (2022), updated attic insulation (2020), new windows (2021), Refrigerator, Stove, Washer & Dryer (2023) Don't miss this opportunity to purchase the perfect starter home in beautiful East City Peterborough.
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Beach, Fenced Yard, Park, Place Of Worship, School, Public Transit
Primary Bedroom - Main Floor, Storage, Floor Drain, Upgraded Insulation, Water Heater, Water Meter
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 238 Mcfarlane Street, Peterborough, ON K9H 1K3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.
About Purchasing a Home in Peterborough, ON
For a property listed at $497,900 in Peterborough, the legal minimum down payment is $24,895 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 $6,433 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 $6,433.
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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.