283 Lake Street, Peterborough, ON
Property no longer active
This property was sold on December 19, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $389,900 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 60 x 90.18 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Sump Pump
- Efficient forced air heating via gas
Description
Welcome to 283 Lake Street. This adorable 1.5 storey home is move-in ready and full of character with modern updates. Featuring 3 bedrooms and 1 full bath, this inviting space is ideal for first-time home buyers or investors looking for a solid opportunity. Inside, you'll love the high ceilings and large sun-filled windows on the main floor complemented by wide baseboards and classic trim that adds timeless charm. Enjoy the functional open concept layout and the convenience of main-floor laundry, making day-to-day living that much easier. Conveniently located in the heart of Peterborough, this home is just minutes from shopping, schools, restaurants, parks, and transit. Everything you need is right at your doorstep. The fully fenced backyard offers privacy and space for kids, pets, or weekend BBQs. Whether you're settling in or renting it out, this cozy home has so much to offer. This is a pre-inspected home. Upgrades include: Roof shingles (2025), basement windows (2025), furnace (2020), kitchen cabinets (2022), flooring (2022).
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Property Summary
This detached home located at 283 Lake Street, Peterborough is currently for sale and has been available on SousaSells for 355 days. This property is listed at $389,900 with an estimated mortgage of $1,298* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 283 Lake Street, Peterborough is in the Town Ward 3 neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Town Ward 3, Peterborough.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 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
- Fenced Yard
Interior Features
- Sump Pump
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 283 Lake Street, Peterborough, ON
Q.What is the asking price for 283 Lake Street, Peterborough, ON ?
The current listing price for 283 Lake Street, Peterborough, ON in Town Ward 3, Peterborough is $389,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 283 Lake Street, Peterborough, ON ?
283 Lake Street, Peterborough, ON is a Detached (1 1/2 Storey) featuring a Unfinished basement.
Q.What key property features does 283 Lake Street, Peterborough, ON offer?
Key property features include: Fenced Yard.
Q.What interior features are included in this home?
Interior highlights include: Sump Pump.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 283 Lake Street, Peterborough, ON K9J 2H5
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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 $389,900 in Peterborough, the legal minimum down payment is $19,495 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 $4,324 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 $4,324.
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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.