507 Stewart Street, Peterborough, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $397,000 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 38 x 115.33 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient forced air heating via gas
Description
Charming family home has been lovingly owned by three generations of the same family. The property features three bedrooms all on 2nd level + a 2-piece bathroom . Newer Updated 4-piece bathroom on main floor with laundry! Beautifully renovated kitchen by Buchanan kitchens, showcasing flashy porcelain tiles. The restored wood trim & stunning stained glass windows contribute to the home's unique charm. There are French All Glass pocket doors a 100 years old, in wall of the living room. Room to build a garage in the rear, as was once was a garage there in the past! Desirable proximity to PRHC, Jackson's Park, and a short stroll downtown to superb dining options makes it an attractive option for 1st time buyers & investors, particularly given its potential for rental income from Trent U students.
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Pricing & Value Insights
Data-driven valuation for 507 Stewart Street, Peterborough, ON K9H 4B7
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About Purchasing a Home in Peterborough, ON
For a property listed at $397,000 in Peterborough, the legal minimum down payment is $19,850 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 $4,430 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 $4,430.
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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.