147 Lake Street

Nestled in the heart of Peterborough, at 147 Lake Street, this delightful house for sale in Peterborough is a true gem that combines character, comfort, and low-maintenance living. This charming 1-bedroom, 1-bathroom bungalow has been meticulously cared for and is ready for its new owners to move in and make it their own. The moment you step onto the welcoming covered front porch, you’ll feel right at home. It’s the perfect spot to enjoy your morning coffee or unwind with a good book in the evenings.

As you enter the house for sale in Peterborough, you’ll be greeted by the warmth of the hardwood floors that flow throughout the bright and refreshed interior. The living space is both inviting and functional, making it ideal for those who appreciate a cosy atmosphere. The updated main kitchen is a standout feature, boasting modern style and practicality, perfect for whipping up your favourite meals. With a total of four rooms, including the spacious bedroom and bathroom, this home offers a comfortable living experience without the hassle of excessive upkeep.

One of the major perks of this property is the peace of mind that comes with recent upgrades. The new furnace and heat pump ensure that you’ll stay warm during the chilly winters and cool in the summer months. Additionally, the updated eavestroughs and fascia, along with a brand-new front porch and back deck, mean that you can enjoy your outdoor space without worrying about maintenance. Speaking of outdoor space, the backyard is beautifully finished with decorative stone, creating a maintenance-free area that’s perfect for relaxing or entertaining friends and family.

For those who require a bit more space, the custom 10x20 heated and air-conditioned outbuilding is an absolute treasure. Whether you envision it as a home office, studio, gym, or creative retreat, this versatile space adds significant value to the house for sale in Peterborough. Plus, there’s additional separate storage space available, ensuring you have room for all your belongings.

While this property is packed with features, it’s worth noting that it does not include a family room, den, or central vacuum system, which may be a consideration for some buyers. However, the unfurnished nature of the home allows you to put your own stamp on it, making it a blank canvas for your personal style. The crawl space basement offers practicality without the need for extensive maintenance, and with municipal water and sewer, you can enjoy the conveniences of modern living.

Parking is made easy with a designated space available, although there is no garage or driveway. This makes the house for sale in Peterborough particularly suitable for those who prefer a simpler lifestyle, perhaps first-time buyers or downsizers looking for a turnkey home that’s packed with charm and smart updates.

Location is key, and this property truly shines in that regard. Situated just steps from Little Lake, you’ll find yourself within easy walking distance to shops, restaurants, and everyday amenities. The vibrant community of Town Ward 3 in Peterborough offers a lifestyle that balances tranquillity with accessibility, making it a fantastic place to call home.

In summary, if you’re on the lookout for a charming house for sale in Peterborough, look no further than 147 Lake Street. With its inviting atmosphere, modern upgrades, and prime location, this home is perfect for anyone seeking comfort and convenience in a delightful package. Don’t miss out on the opportunity to make this lovely bungalow your own!

Town Ward 3, located within the vibrant city of Peterborough, offers a unique blend of urban convenience and natural beauty. This area is characterised by its diverse architecture, ranging from charming period homes to modern developments, providing a variety of living options. Residents enjoy easy access to local amenities, including shops, schools, and parks, fostering a lively atmosphere. The nearby River Nene adds to the scenic appeal, offering opportunities for leisurely walks and outdoor activities. With its strong sense of community spirit and excellent transport links, Town Ward 3 is an inviting choice for those seeking a well-connected and picturesque place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is St. John Catholic Elementary School, situated just 1.0 km away, offering grades from Junior Kindergarten to Grade 8, with instruction in English. For secondary education, St. Peter Catholic Secondary School is located 2.5 km from the property, providing grades 9 to 12 in both English and French. Additionally, St. Anne Catholic Elementary School is another option for younger students, located 3.2 km away, also offering grades JK to 8, but with a French language of instruction. All these schools are part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board, ensuring a consistent quality of education. The proximity to these schools enhances the appeal of the property, making it a suitable choice for families seeking a nurturing educational environment for their children. With a range of Catholic education options available, parents can choose the best fit for their child's needs.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 729 residents, with an average household size of 2. The demographic profile indicates a mature community, with an average age of 44.6 years. The average household income stands at $77,200, reflecting a relatively stable economic environment, although 10.8% of the population lives in low-income conditions. The real estate market shows an average property price of $532,000, with 51.56% of the population being single and 23.08% of households having children. The area is home to a diverse community, with 12.58% of residents being immigrants. Renters comprise a significant portion of the population at 52.86%, while condos represent 15.71% of housing options. Educational attainment is notable, with 55.88% of residents holding a college or university degree. However, a substantial 42.65% of the population is not in the labor force, which may influence local economic dynamics. Overall, this community presents a blend of demographics that could appeal to various potential buyers and renters, highlighting its diverse and educated population alongside a significant rental market.