1162 Summit Drive

Welcome to this stunning executive bungalow for sale in Peterborough, located at 1162 Summit Drive, Peterborough. Nestled in the tranquil Otonabee Ward 1, this exceptional property is situated on a peaceful dead-end cul-de-sac, providing a serene atmosphere perfect for families or those looking to retire in comfort. The house boasts a magnificent view over the city to the southeast, perched on a lovely ravine lot that enhances its charm.

As you approach the property at 1162 Summit Drive, Peterborough, you'll be greeted by its attractive brick exterior, which speaks to the quality of construction and care that has gone into maintaining this home. With a total of 8 rooms, including 3 spacious bedrooms and a den, this house for sale in Peterborough offers ample space for relaxation and family gatherings. The thoughtful layout ensures that every inch of this bungalow is utilised effectively, making it an ideal choice for both entertaining guests and enjoying quiet evenings at home.

Inside, the home features a beautifully finished basement with a walk-out entrance, providing a separate living space that is perfect for guests or extended family. This additional area includes a second kitchen, making it a fantastic option for an in-law suite or a space for entertaining. The main level of the house for sale in Peterborough includes a generous family room, where you can unwind by the fireplace, creating a warm and inviting atmosphere during the colder months. The central air conditioning ensures that you remain comfortable throughout the summer, making this home a year-round haven.

With 4 bathrooms in total, including a well-appointed master ensuite, this bungalow caters to the needs of a growing family or those who enjoy hosting visitors. The additional features, such as a central vacuum system and municipal water and sewer, add to the convenience of living in this lovely home. Although there is no pool, the expansive entertainment-sized deck off the main floor family room offers a fantastic space for summer barbecues and gatherings, surrounded by lush greenery and offering stunning views of the city, especially during the winter months when the trees are bare.

Parking is a breeze with a private double driveway that accommodates up to 4 vehicles, along with an attached garage that provides space for 2 cars. The lot measures a generous 47 x 197 feet, giving you plenty of outdoor space to enjoy the beautiful surroundings of Peterborough. The location of 1162 Summit Drive, Peterborough, is ideal for families, with several schools nearby, including Monseigneur Jamot, St. Catherines, James Strath, and Crestwood schools, ensuring that education is within easy reach.

This house for sale in Peterborough is not just a home; it is a lifestyle choice that offers comfort, privacy, and a sense of community. The well-cared-for interior and exterior reflect the pride of ownership, making it a perfect place to create lasting memories. Whether you are looking for a retirement bungalow or a family home, this property has everything you need to live comfortably and stylishly.

Don't miss out on the opportunity to own this exceptional bungalow at 1162 Summit Drive, Peterborough. With its stunning views, spacious living areas, and prime location, this house for sale in Peterborough is sure to impress. Schedule a viewing today and experience the charm and elegance of this remarkable home for yourself!

Otonabee Ward 1, located within the city of Peterborough, is a picturesque and inviting area that seamlessly blends suburban charm with access to nature. Nestled alongside the scenic Otonabee River, this ward boasts a variety of green spaces, parks, and recreational facilities, making it ideal for outdoor enthusiasts and families alike. The neighbourhood features a mix of residential options, from quaint single-family homes to modern developments, all within a friendly and welcoming atmosphere. With convenient access to local amenities, schools, and public transport, Otonabee Ward 1 offers a harmonious balance of tranquillity and connectivity, making it an appealing choice for those looking to settle in a vibrant yet serene environment.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 1.1 kilometers, you'll find St. Catherine Catholic Elementary School, which offers both English and French instruction for grades JK to 8. Additionally, Holy Cross Catholic Secondary School is located 1.4 kilometers away, providing a Catholic secondary education for grades 9 to 12, also in English. For families seeking French-language education, St. Catherine Catholic Elementary School offers a French immersion program, while St. Peter Catholic Secondary School, situated 2.0 kilometers from the property, caters to secondary students with a French curriculum. All schools are part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board, ensuring a consistent educational experience. While the school ratings are currently not available, the proximity to these institutions highlights the property’s appeal for those prioritizing education. Overall, this area offers a supportive environment for children’s academic growth and development, making it a promising choice for potential buyers looking for a family-friendly neighborhood.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,286 residents, characterized by an average household size of 2.1 individuals. The demographic profile reveals an average age of 50.6 years, indicating a mature community. The average household income stands at $85,600, with 11.4% of the population classified as low-income. The real estate market reflects an average property price of $570,000, with 39.37% of residents being renters and 16.54% living in condominiums. A significant portion of the population, 41.67%, is single, while 26.92% of households include children. The community is also diverse, with 13.28% of residents being immigrants. Education levels are notably high, with 55.9% of the population holding a college or university degree. However, nearly half of the residents, at 49.78%, are not in the labor force, which may influence the local economy and housing market dynamics. Overall, this area presents a blend of mature residents, a mix of family structures, and a significant presence of renters, contributing to a unique community atmosphere.