Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $439,900 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.
This charming 2+1 bedroom, 1.5 bathroom home in Peterborough's South End offers comfort, character, and convenience! The main features a welcoming living area with a cozy feel and a functional kitchen perfect for everyday living and entertaining. Upstairs offers two well-sized bedrooms as well as a powder room. The basement is complemented by a versatile lower-level room, ideal for an extra bedroom, or guest space. Step outside to a fully fenced backyard complete with a beautiful deck, perfect for entertaining or relaxing in privacy and also backs onto the green space of the newly constructed Misken Law Community Complex. Complete with an attached single car garage, and close proximity to parks, schools, and amenities, this home is a fantastic opportunity you do not want to miss out on!
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Fenced Yard, Park, Rec./Commun.Centre, School, School Bus Route
Water Heater
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 296 Mcgill Street, Peterborough, ON K9J 1W5
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 $439,900 in Peterborough, the legal minimum down payment is $21,995 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 $5,273 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 $5,273.
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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.