Homula Realty Brokerage
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.

700 Latimer Way, Peterborough, ON K9K 0H4

4 beds · 3 baths · 1 kitchen · 7 rooms · 4 parking spaces · 1500-2000 sq ft · Laundry on the upper level level · Att/Row/Townhouse
$622,900
Property tax
$1,415 / year

Picture Homes is pleased to introduce The Trails of Lily Lake, our newest community in the west end of Peterborough. This 4 bedroom, 3 bathroom townhome spans 1880 sqft above grade, making it the perfect place to call home. With a welcoming front porch, leading you to the formal entrance to make a statement as you enter the home, to a gas fire place in the family room. This is the perfect space to entertain. An eat in kitchen offers the home owner, family and friends plenty of options to dine. Upstairs, you are greeted by 4 well appointed bedrooms, including an ensuite and walk in closet in the primary. The ensuite comes equipped with an oval soaking tube and a glass shower, for an extra WOW factor. Not to mention, upstairs laundry! This pretty as a picture neighbourhood is bordered on one side by protected conservation lands and offers direct access to the meandering Jackson Creek and scenic Trans-Canada Trail lands. The community also features a centrally located community park for residents.We take pride in offering our purchasers a variety of new home designs that suit their lifestyle perfectly. Every one of these plans feature outstanding floor plan layouts, exceptional curb appeal and the excellent value they have come to expect from Picture Homes.What better place for your family to put down roots than in Peterborough, a growing city with small town values filled with beautiful heritage buildings and parks.

MLS number
X13560802
Type
Att/Row/Townhouse
Status
Active
Bedrooms
4
Bathrooms
3
Postal code
K9K 0H4
Photos
1
Laundry
Upper Level level
66days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Westmount Public School
Kawartha Pine Ridge DSB
Elementary1.4 km6.9 / 10
69% met the standard
St. Teresa Catholic Elementary School
Peterborough Victoria Northum Clarington CDSB
Elementary1.4 km7.5 / 10
75% met the standard
St. Peter Catholic Secondary School
Peterborough Victoria Northum Clarington CDSB
Secondary1.4 km7.2 / 10
72% met the standard · 2 of 6 measures
Highland Heights Public School
Kawartha Pine Ridge DSB
Elementary1.6 km5.5 / 10
55% met the standard
Queen Mary Public School
Kawartha Pine Ridge DSB
Elementary2.0 km5.5 / 10
55% met the standard
St. Catherine Catholic Elementary School
Peterborough Victoria Northum Clarington CDSB
Elementary2.4 km7.6 / 10
76% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,741 people.

$115,000Median household income
93.2%Own their home
80.2%Detached houses
37.2Median age
19.5%Born outside Canada
39.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150327 — the few blocks around this address, home to 1,741 people. It describes the area, not this property.

1,741Population
36.9Average age
3Household size
$128,000Average household income
$115,000Median household income
93%Own their home
7%Rent
0%Condominiums
20%Born outside Canada
40%University degree
$692,000Average home value
5%Low income
54%Not in the labour force
21%Never married
Under $5,0001%
$10,000 to $14,9991%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9992%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9994%
$90,000 to $99,9995%
$100,000 and over39%
$100,000 to $124,99910%
$125,000 to $149,9999%
$150,000 to $199,9999%
$200,000 and over9%

Percentages are of the 905 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$124,580 · minimum here is $37,290
$2,758.07per month
Borrowed before insurance$498,320
Total borrowed$498,320
Interest over 25 years at 4.5%$329,100

If you rented it out

-$2,875.98per month out of pocket
Rent$0.00
Everything it costs to hold$2,875.98
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by HOMEWISE REAL ESTATE. Listing data provided by the Toronto Regional Real Estate Board.