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 #207 at The Inverlea, a well-maintained condominium community in Peterborough's desirable East City. Offering just under 1,060 sq. ft. of comfortable living space, this bright 2-bedroom, 2-bathroom unit stands out from many others in the building thanks to its renovated kitchen and bathrooms, providing a true turn-key experience. The updated kitchen gives the home a fresh, more modern feel and opens to a bright breakfast area, while the separate dining room and generous living space provide plenty of room for everyday living and entertaining. Both bathrooms have also been renovated, including the primary bedroom's private 3-piece ensuite. For buyers looking to downsize without taking on another renovation project, this is a significant advantage! The spacious primary bedroom offers plenty of room to settle in comfortably, while the second bedroom works equally well for guests, a home office or hobby space. In-suite laundry, a south-facing terrace and owned underground parking add to the convenience. Residents of The Inverlea enjoy a great collection of building amenities, including an exercise room, party/meeting room, rooftop deck and garden, elevators and visitor parking. The location is another highlight. Step outside and you're close to the Otonabee River and Rotary Trail for walking and cycling, with Nichols Oval Park, the Peterborough Golf & Curling Club, public transit and the shops and restaurants of East City all nearby. If you've been waiting for a unit at The Inverlea but don't want the expense and disruption of updating an older condo, Unit 207 offers an opportunity to simply move in and enjoy it!
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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$2,830/mo
Mortgage (principal + interest)$1,945
Property taxFrom listing: $3,698/yr$308
Condo feesFrom listing$577
Minimum $26,990 down for this price; the slider moves in whole percent, starting at 6%. 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$103,980
Ontario land transfer taxProvincial brackets, no first-time refund$6,873
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$113,653
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.
