425 Heritage Trail, Peterborough, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Northcrest Ward 5. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,490,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
Description
Prime 2.14 acres of land in Peterborough with Draft Plan Approval, ideally suited for builders and investors. Located west of Carnegie Avenue, this parcel consists of undeveloped, grassed open land offering excellent potential for residential development. This expansive property is surrounded by nature yet conveniently located close to amenities, this lot provides an ideal balance of privacy and accessibility. The property benefits from available municipal services including hydro, gas, and telecommunications, providing a strong foundation for future building plans. Situated in a desirable and growing area, this is a rare opportunity to secure land with development potential in a prime location.
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Property Summary
This vacant land located at 425 Heritage Trail, Peterborough is currently for sale and has been available on SousaSells for 77 days. This property is listed at $1,490,000 with an estimated mortgage of $4,960* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 425 Heritage Trail, Peterborough is in the Northcrest Ward 5 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Northcrest Ward 5, Peterborough.
- •Desirable Vacant Land architecture in Northcrest Ward 5, Peterborough
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
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Community Features
None listed
Frequently Asked Questions about 425 Heritage Trail, Peterborough, ON
Q.What is the asking price for 425 Heritage Trail, Peterborough, ON ?
The current listing price for 425 Heritage Trail, Peterborough, ON in Northcrest Ward 5, Peterborough is $1,490,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 425 Heritage Trail, Peterborough, ON ?
425 Heritage Trail, Peterborough, ON is a Vacant Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
Data-driven valuation for 425 Heritage Trail, Peterborough, ON K9L 2A5
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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 $1,490,000 in Peterborough, the legal minimum down payment is $298,000 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 $26,275 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 $26,275.
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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.