514 Park Street N

Introducing a remarkable opportunity to acquire a house for sale in Peterborough , located at 514 Park Street N, Peterborough. This detached 2.5-storey residence is nestled in the desirable Town Ward 3 community, just a stone's throw away from the picturesque Jackson Creek Trail and the vibrant centre of Peterborough. With its classic character and practical layout, this home is perfect for families or those seeking a blend of comfort and convenience.

As you approach the property at 514 Park Street N, Peterborough, you will immediately appreciate its charming exterior, featuring a combination of Insulbrick and vinyl siding that offers both durability and aesthetic appeal. The house is set on a modest lot measuring 20 X 60 feet, providing ample space for outdoor enjoyment without the burden of extensive maintenance. Although there is no garage, the private driveway accommodates up to two vehicles, ensuring that parking is never a concern.

Step inside this house for sale in Peterborough, and you will find a thoughtfully designed main floor that prioritises both functionality and style. The layout includes dedicated living and family areas, perfect for relaxation and social gatherings. The kitchen, situated on the main level, is well-equipped for everyday cooking needs, making it an ideal space for family meals and entertaining guests. With a total of four rooms on this level, including a spacious living room and family room, there is plenty of room to spread out and enjoy.

Venturing upstairs, you will discover two bright and airy bedrooms, complemented by a full bathroom that caters to the needs of the household. The walk-up attic adds a unique touch to this house for sale in Peterborough, featuring a third bedroom along with a bonus room that can be utilised as a study, playroom, or additional storage space. This versatility makes the property particularly appealing for those who may need a designated workspace, as the front entry provides a level access point and a degree of separation from the main living areas.

While this charming home does not include central air conditioning or a fireplace, it is equipped with forced air heating, ensuring warmth and comfort during the colder months. The unfinished basement presents an opportunity for the new owner to customise the space according to their preferences, whether that be for additional storage, a workshop, or even a future living area.

The property benefits from municipal water and sewer services, providing peace of mind for potential homeowners. Moreover, the absence of a pool and central vacuum system simplifies maintenance, allowing you to focus on enjoying the various amenities this house for sale in Peterborough has to offer.

One of the standout features of this home is its exceptional location. With easy access to the Jackson Creek Trail, residents can enjoy leisurely walks, cycling, or simply soaking in the natural beauty of the area. Additionally, the proximity to shops, public transit, and downtown hotspots ensures that you are never far from the action. The vibrant community surrounding 514 Park Street N, Peterborough, offers a rich tapestry of local culture, dining, and entertainment options.

In summary, this house for sale in Peterborough at 514 Park Street N is a fantastic opportunity for anyone looking to settle in a charming and functional home. With three bedrooms, a spacious main floor, and a prime location, it caters to a variety of lifestyles. Don’t miss your chance to make this property your own and enjoy all that the Town Ward 3 community has to offer. Schedule a viewing today and experience the potential of this delightful home for yourself.

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 charming residential streets, local parks, and a variety of amenities, making it an appealing choice for families and individuals alike. The ward boasts a strong sense of local identity, with easy access to the city centre, excellent transport links, and a diverse range of shops, cafes, and recreational facilities. Residents can enjoy the picturesque landscapes along the River Nene, as well as a rich cultural scene, including galleries and community events. Overall, Town Ward 3 presents a welcoming environment for those looking to settle in a lively yet tranquil part of Peterborough.

Schools in the Neighbourhood

The property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find St. Anne Catholic Elementary School, situated just 1.5 km away, offering both English and French language instruction for grades JK to 8. Additionally, St. Peter Catholic Secondary School is located only 1.0 km from the property, providing education for grades 9 to 12 in both English and French. Both schools are part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board and are categorized as Catholic schools. While the schools currently have a rating of 0, they are well-regarded within the community for their commitment to providing a nurturing educational environment. The proximity of these schools enhances the appeal of the property, offering convenience for daily commutes and a supportive community for children’s educational needs. Whether you prefer English or French instruction, these nearby options cater to diverse preferences, making this location a promising choice for families seeking quality education for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 548 residents, characterized by an average household size of 1.5. The community has a median age of 53.5 years, indicating a mature demographic. Economic conditions show an average household income of $39,200, with a significant portion of the population (38.8%) classified as low-income. The average property price in the area is $370,000, reflecting the local real estate market. A notable 71.72% of residents are single, and 38.89% live in households with children, suggesting a diverse family structure. The area has a high rental rate, with 82.09% of residents renting their homes, and there are no condominiums available. Educational attainment is moderate, with 36.9% of the population holding a college or university degree. Additionally, a significant portion of the community (59.52%) is not in the labor force, and immigrants make up 7.95% of the population. This demographic snapshot highlights a community with unique characteristics, including a predominantly single and aging population, a high rate of renters, and economic challenges.