397 Edison Avenue, Peterborough, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $475,000 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 39.88 x 81.55 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This one owner home has been lovingly cared for since 1971 and is now ready for you and yours. This five bedroom, two full bathroom brick bungalow with detached garage sits on a quiet South End street among other well cared-for homes. This location provides for easy walkability to many amenities including the Miskin Law Community Centre, the YMCA, Memorial Centre and farmers' market, Lansdowne Place Mall, and downtown. With newer windows, exterior doors, and roof, this home is move-in ready and primed for you to make your personal touches. Don't miss out on this South End deal.
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Pricing & Value Insights
Data-driven valuation for 397 Edison Avenue, Peterborough, ON K9J 4G4
Based on 0 recent similar sales in the pocket.
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 $475,000 in Peterborough, the legal minimum down payment is $23,750 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 $5,975 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 $5,975.
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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.