503 Romaine Street, Peterborough, ON
Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $550,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 40 x 220 ft lot
- Features a partial basement, 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: In-Law Capability, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 503 Romaine Street. This 3+1 bedroom, 2.5 bathroom backsplit offers more space than you might expect thanks to a large addition featuring an oversized family room and a spacious primary bedroom complete with a walk in closet and 3 piece ensuite. The home has been well cared for and offers a functional layout with a fully finished basement that provides additional living space for a rec room, home office, playroom, or hobbies. Outside, the 220 foot deep backyard provides lots of space for kids to play, gardening, or entertaining, while the 1.5 car detached garage adds extra storage and parking. Conveniently located just south of Peterborough's downtown, you'll be within walking distance to Del Crary Park and Peterborough Musicfest, the Café District, the YMCA, shopping, the Peterborough Memorial Centre to catch the Peterborough Pete's OHL hockey team, and the Peterborough Lakers lacrosse team. A pre listing home inspection has been completed by AmeriSpec for your peace of mind. Floor plans and video tours are available for your convenience through the BROCHURE BUTTON on realtor.ca. Book your private showing today!
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Property Summary
This detached home located at 503 Romaine Street, Peterborough is currently for sale and has been available on SousaSells for 38 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 503 Romaine Street, Peterborough is in the Town Ward 3 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Town Ward 3, Peterborough.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Town Ward 3, Peterborough.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- In-Law Capability
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 503 Romaine Street, Peterborough, ON
Q.What is the asking price for 503 Romaine Street, Peterborough, ON ?
The current listing price for 503 Romaine Street, Peterborough, ON in Town Ward 3, Peterborough is $550,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 503 Romaine Street, Peterborough, ON ?
503 Romaine Street, Peterborough, ON is a Detached (Backsplit 3) featuring a Partial Basement, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 503 Romaine Street, Peterborough, ON K9J 2C8
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 $550,000 in Peterborough, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.
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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.