425 Melling Avenue, Peterborough, ON
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Northcrest Ward 5. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 60.4 x 87.15 ft lot
- Features a development potential basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Built-In Oven, Countertop Range
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 425 Melling Ave. A beautifully upgraded 3 bed,3 bath bungaloft in Peterboroughs desirable North End. This home offers 2,250 sq ft on the main floor of thoughtfully designed living space with more than $150K in premium upgrades. The main level features soaring 17 ft cathedral ceilings and 9 ft ceilings throughout, creating a bright, open feel. The spacious custom kitchen is a showstopper with quartz countertops, a large waterfall island (7'x 4), custom pantry with slide-out drawers, extra-tall and extra-deep cabinetry, crown moulding, and black stainless steel KitchenAid appliances including a built-in microwave drawer and 36 induction cooktop. The partially finished basement offers an extra 1,162 sq ft to truly make it into your own.The primary bedroom features a custom-built closet and a full ensuite with a walk-in shower. The additional 2 bathrooms are fully renovated with quartz countertops and glass-enclosed tub/showers. The home offers wide 7.5 hardwood plank flooring throughout, complemented by grey marbled ceramic tiles in the foyer, laundry room, and all bathrooms. The custom laundry room is complete with quartz countertops, upper cabinetry, and LG ThinQ front-load washer and dryer.Enjoy the warmth of the gas fireplace in the open-concept living space, along with oversized 7 '3/4 high baseboards throughout. The large basement offers incredible potential with high ceilings (78) and 5 windows, including 3 oversized windows providing excellent natural light.The exterior features an irregular lot with a 60' frontage x 87' depth. The double car garage includes a custom-built storage loft and the driveway comfortably parks four vehicles.The front porch is as welcoming as it gets.This move-in ready home offers exceptional craftsmanship, modern upgrades, and a flexible floor plan perfect for families or downsizers.
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Property Summary
This detached home located at 425 Melling Avenue, Peterborough is currently for sale and has been available on SousaSells for 101 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 425 Melling Avenue, 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.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Northcrest Ward 5, Peterborough.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2500 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
None listed
Interior Features
- Auto Garage Door Remote
- Built-In Oven
- Countertop Range
- Primary Bedroom - Main Floor
- Storage
- Sump Pump
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 425 Melling Avenue, Peterborough, ON
Q.What is the asking price for 425 Melling Avenue, Peterborough, ON ?
The current listing price for 425 Melling Avenue, Peterborough, ON in Northcrest Ward 5, Peterborough is $799,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 425 Melling Avenue, Peterborough, ON ?
425 Melling Avenue, Peterborough, ON is a Detached (Bungaloft) featuring a Development Potential basement.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Built-In Oven, Countertop Range, Primary Bedroom - Main Floor, Storage, Sump Pump.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Data-driven valuation for 425 Melling Avenue, Peterborough, ON K9H 0J2
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About Purchasing a Home in Peterborough, ON
For a property listed at $799,000 in Peterborough, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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