The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to Unit 206 at "The Inverlea", a beautifully updated 2-bedroom, 2-bathroom corner condo in Peterborough's sought-after East City. Offering just over 1,000 sq. ft. of bright, comfortable living space, this south and east-facing unit features large windows, plenty of natural light, and peaceful views over the surrounding trees. The interior has been thoughtfully refreshed with durable luxury vinyl flooring throughout, fresh paint, refaced kitchen cabinetry, and brand-new motorized blinds. The spacious open-concept living and dining area walks out to the balcony, which has also been updated with new carpeting. The kitchen offers a convenient dinette area and access to the pantry, laundry and utility room. The primary bedroom features its own walkout to the balcony, a walk-in closet and a private 3-piece ensuite, while a second bedroom and full 4-piece bathroom provide plenty of flexibility for guests or a home office. Underground parking is also included. The location is one of the real highlights. The Trent-Severn Waterway is directly across the street, Nicholls Oval Park is just across the road, and access to the Rotary Greenway Trail is only steps from the building, making it easy to walk, cycle and enjoy everything East City has to offer.Residents of The Inverlea also enjoy building amenities including a fitness room, recreation and meeting spaces, visitor parking, and a rooftop deck where you can take in views of the river, park and city.
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What’s NearbyDistances approximate
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,567/mo
Mortgage (principal + interest)$1,683
Property taxFrom listing: $3,804/yr$317
Condo feesFrom listing$567
Minimum $22,495 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$89,980
Ontario land transfer taxProvincial brackets, no first-time refund$5,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$98,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Peterborough has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
