2394 Mountland Drive, Unit 2, Peterborough, ON

$399,000
MLS#:X12056140
2 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
2394 Mountland Drive W 201, Peterborough, ON K9K 2C9
⚠️

Property no longer active

This property was sold on June 18, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Monaghan Ward 2. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient surface configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Water Heater
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Welcome to this beautifully upgraded 2-bedroom condo, perfectly situated in Peterborough's sought-after West End. Located on the second floor, this bright and spacious unit offers modern living in a peaceful and well-maintained community. Step inside to find an open-concept living and dining area filled with natural light. The updated kitchen boasts granite countertops, sleek laminate flooring, and stainless-steel appliances. The open concept living and dining space extends to a private balcony perfect for morning coffee. The bathroom has been fully updated, smooth ceilings in bedrooms, kitchen and bathroom. Set in a solid brick building with only eight units and friendly neighbours, you're just a short drive from Kawartha Golf and Country Club. This condo comes with a designated parking spot. Whether you're a first-time homebuyer, downsizer, or investor, this move-in-ready condo is a fantastic opportunity. Don't miss out, schedule your private showing today!

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Property Summary

This condo apartment located at 2394 Mountland Drive, Peterborough is currently for sale and has been available on SousaSells for 491 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 2 beds, 1 bathroom, and is 900-999 square feet. 2394 Mountland Drive, Peterborough is in the Monaghan Ward 2 neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Monaghan Ward 2, Peterborough.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 900-999 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Peterborough.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 18, 2025
Sold price information is available to members only
Listed Date4/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick
BasementNone
CountyPeterborough
Annual Tax$2,294.96

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeSurface

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

None listed

Interior Features

  • Carpet Free
  • Primary Bedroom - Main Floor
  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 2394 Mountland Drive, Unit 2, Peterborough, ON

Q.What is the asking price for 2394 Mountland Drive, Unit 2, Peterborough, ON ?

The current listing price for 2394 Mountland Drive, Unit 2, Peterborough, ON in Monaghan Ward 2, Peterborough is $399,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 900-999 sqft.

Q.What property type and architectural style is 2394 Mountland Drive, Unit 2, Peterborough, ON ?

2394 Mountland Drive, Unit 2, Peterborough, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Primary Bedroom - Main Floor, Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Surface).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Wall Unit(s).

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Location

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2394 Mountland Drive, Unit 2, Peterborough, ON

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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 2394 Mountland Drive W 201, Peterborough, ON K9K 2C9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.

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Interest Rate4.00%
Down Payment$119,700 (30.0%)
* Minimum Canadian down payment required for this price is $19,950.
Amortization Period30 Years
Estimated Monthly Payment$1,328Based on a loan of $279,300 over 30 years.
Purchase Price$399,000
Loan Amount$279,300
Provincial Land Transfer Tax:$4,460
Total Estimated Closing Taxes:$4,460

About Purchasing a Home in Peterborough, ON

For a property listed at $399,000 in Peterborough, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.

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Monaghan Ward 2, Peterborough Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Monaghan Ward 2, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$720,651

People & Families

Age Distribution

Household Composition

One-person households
29%
Families with children
36%
Couples without children
32%
Other households
3%

Top Ethnic Origins

English33%
Irish30%
Scottish25%
Canadian17%

Best Schools in Monaghan Ward 2, Peterborough

Elementary Schools

St Catherine
Public1575 Glenforest Boulevard, Peterborough, Ontario, K9K 2J6
5.8
Monseigneur-Jamot
Public2350 Woodglade Boulevard, Peterborough, Ontario, K9K 2L1
3.1
Westmount
Public1520 Sherwood Crescent, Peterborough, Ontario, K9J 6T8
5.2
James Strath
Public1175 Brealey Drive, Peterborough, Ontario, K9J 6X4
7.5
Queen Mary
Public1445 Monaghan Road, Peterborough, Ontario, K9J 5M8
4.0

Secondary Schools

Crestwood
Public1885 Sherbrooke Street West, Peterborough, Ontario, K9J 6X4
5.7
Holy Cross
Public1355 Lansdowne Street West, Peterborough, Ontario, K9J 7M3
6.1
St. Peter’s
CatholicPeterborough, Ontario
6.7
Kenner
Public633 Howden Street, Peterborough, Ontario, K9J 5J2
5.0

Monaghan Ward 2, Peterborough Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.