885 Clonsilla Avenue, Peterborough, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Water Heater
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
Well-maintained 2 bedroom, 1.5 bathroom suite in a sought-after Lincoln West condominium. Large windows in the living and dining areas provide excellent natural light and city views, with a private balcony for additional outdoor space.The spacious primary bedroom features generous closet space and direct access to the full bathroom. A separate dining area offers comfortable space for everyday living or entertaining.All appliances are included, making this a move-in ready opportunity.Features include in-suite laundry, underground parking, storage locker, controlled entry, elevator access, party room, and shared terrace.Ideally located in Peterborough's west end, close to shopping, restaurants, grocery stores, pharmacy, banking, major routes, and a nearby golf course.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 885 Clonsilla Avenue 504, Peterborough, ON K9J 5Y2
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 $490,000 in Peterborough, the legal minimum down payment is $24,500 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 $6,275 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 $6,275.
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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.