2 George Street, Peterborough, ON
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Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Town Ward 3. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $650,000 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: Storage, Storage Area Lockers, Intercom
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Discover a stunning contemporary apartment in the heart of downtown Peterborough, blending modern living with natural beauty. This exceptional unit features 1296 square feet of open concept living and a remarkable 40-foot covered balcony, perfect for enjoying long views over the city and Little Lake, which serves as a gateway to the historic 386 km Trent-Severn Waterway. With boating access right at your doorstep, you can lease a boat slip by the season!Summer entertainment flourishes below, allowing you to enjoy concerts and events from your private balcony. The vibrant art gallery is just steps away.The building's thoughtful architectural design elevates the living experience, featuring an inviting lobby and well-planned amenities, including men's and women's saunas, a spacious outdoor patio, and a party room ideal for gatherings. A popular live-in property manager fosters a strong sense of community, ensuring residents feel well cared for and connected.Inside the apartment, meticulous care and attention to detail are evident. It boasts custom cabinetry in the galley kitchen, quality appliances, and pristine hardwood flooring throughout. A recent home inspection confirms the unit's excellent condition, allowing you to move in with complete peace of mind.This unique property seamlessly combines urban living with serene waterfront access, offering a one-of-a-kind lifestyle opportunity in downtown Peterborough. Embrace the vibrant community and luxurious features that make this apartment truly special.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Lake/Pond, Public Transit, Marina, Park
Interior Features
Storage, Storage Area Lockers, Intercom, Primary Bedroom - Main Floor, Ventilation System, Water Purifier
Security Features
Security System, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 George Street N 502, Peterborough, ON K9J 8K8
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 $650,000 in Peterborough, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.
