887 Webber Avenue, Peterborough, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Otonabee Ward 1. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,500,000 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
- Premium 149.91 x 100.02 ft lot size
- Convenient other garage included
- equipped with no central cooling and highly efficient gas forced air open heating
Description
Being sold with 895 Webber Ave. Buyer to contact city of Peterborough for pre-consultation meeting to determine development potential for mixed use commercial and residential. This property is being sold as is where is. Vendor will consider a vendor take back mortgage to a qualified Buyer. This will be a share sale. There is an existing building on that property, approximate 3500 sq ft.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 887 Webber Avenue, Peterborough, ON K9J 5X9
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 $4,500,000 in Peterborough, the legal minimum down payment is $900,000 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 $98,975 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 $98,975.
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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.