309 - 1111 Water Street

Welcome to your dream home at 1111 Water Street, Peterborough! This stunning condo for sale in Peterborough is nestled in one of the city’s most sought-after condominium communities, The Maples. Located beside Bear Creek and directly across from the Otonabee River, this property offers an idyllic setting for those seeking a peaceful yet vibrant lifestyle.

Spanning an impressive 999 square feet, this beautifully updated 2-bedroom, 2-bathroom condo is perfect for downsizers or anyone looking for low-maintenance living. As you step into this inviting space, you'll immediately notice the bright, North/East facing living and dining area. The open layout is enhanced by updated lighting and three large patio doors that flood the room with natural light, creating a warm and welcoming atmosphere. This is truly a fantastic condo for sale in Peterborough that you won't want to miss!

The heart of the home, the kitchen, has been tastefully updated to meet modern standards. It features classic white cabinetry complete with pot drawers and soft-close doors, ensuring both style and functionality. The pantry offers ample storage, while the quartz countertops and new appliances add a touch of elegance. With new flooring throughout, this kitchen is not just a place to cook but a delightful space to gather. Additionally, there's a bonus office nook with its own patio door, allowing for even more natural light to stream in, making it an ideal spot for working from home or simply enjoying a quiet moment.

The generous primary bedroom is a true retreat, boasting a double closet along with an extra closet for linens, providing plenty of storage. A second bedroom is perfect for guests, complete with its own closet, ensuring comfort for everyone. The four-piece bathroom has been thoughtfully updated with quality finishes, adding a touch of luxury to your daily routine.

One of the standout features of this condo for sale in Peterborough is the convenience of in-suite laundry, making chores a breeze. You’ll also appreciate the separate storage unit, which is perfect for stowing away seasonal items or personal belongings. For those who value security and comfort, the heated underground parking and secure entry system are invaluable additions to this already impressive property.

Residents of this lovely condo at 1111 Water Street, Peterborough, enjoy a host of shared amenities that enhance the living experience. From an exercise area to a library and a common lounge/meeting room, there’s something for everyone. The beautifully landscaped grounds provide a serene environment to relax and unwind, making it a perfect place to call home.

Moreover, the location is simply unbeatable. This condo for sale in Peterborough is conveniently situated close to shopping, dining, and public transit, making it easy to enjoy all that the city has to offer. Just a short stroll away, you’ll find the picturesque Riverview Park, perfect for leisurely walks or picnics on a sunny day.

In summary, if you’re searching for a condo for sale in Peterborough that combines comfort, convenience, and a carefree lifestyle, look no further than this gem at 1111 Water Street, Peterborough. With its modern updates, spacious layout, and fantastic community amenities, this property is move-in ready and waiting for you to make it your own. Don’t miss out on the opportunity to own a slice of paradise in this desirable location!

Northcrest Ward 5, located in the vibrant city of Peterborough, offers a delightful blend of suburban charm and convenient urban amenities. Nestled amidst lush green spaces and parks, this area is characterised by its friendly neighbourhood atmosphere and well-established residential streets. The ward is home to a variety of local shops, schools, and recreational facilities, making it an ideal choice for families and individuals alike. With excellent transport links to the city centre and a strong sense of community spirit, Northcrest Ward 5 provides a welcoming environment for those seeking a balanced lifestyle in a picturesque setting.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of just 0.7 km, you will find St. Paul Catholic Elementary School, which offers classes from Junior Kindergarten to Grade 8 in English. Additionally, St. Anne Catholic Elementary School is located 1.5 km away, providing another option for elementary education, with a focus on French language instruction. For secondary education, St. Peter Catholic Secondary School is situated 3.6 km from the property, offering grades 9 to 12 in both English and French. All schools are part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board, ensuring a consistent educational framework. While the schools currently have a rating of 0, they are recognized for their commitment to providing a Catholic education. This proximity to schools not only enhances the community feel but also adds value for families looking for accessible educational opportunities. Overall, this property is perfectly positioned to meet the educational needs of your family.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 505 residents, with an average household size of 2.1 individuals. The demographic profile indicates a mature community, with an average age of 55.6 years. The average household income stands at $77,500, suggesting a relatively stable economic environment, although 12% of the population is classified as low-income. The real estate market reflects an average property price of $410,000, with 25% of the housing stock comprising condominiums. The community has a significant proportion of single individuals, accounting for 53.76%, while households with children represent 22.73%. Additionally, 30.56% of residents are renters, indicating a diverse housing landscape. The area is home to 13.89% immigrants, contributing to its cultural diversity. Education levels are notably high, with 46.27% of the population holding a college or university degree. However, a substantial 40.3% of residents are not in the labor force, which may influence local economic dynamics. Overall, this community presents a blend of stability, diversity, and educational attainment, making it an intriguing option for potential homebuyers or investors.