$865,000
541 Aylmer Street North
Peterborough (Town Ward 3), Ontario
8bed4bath
Ontario
Peterborough (Town Ward 3) Real Estate
Browse homes for sale in Peterborough (Town Ward 3) • Median $549,900
$549,900Median Price
30Avg Days on Market
76Commercial24Detached20Multi- Unit5House3Condo1Land
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About Peterborough (Town Ward 3) Real Estate
Peterborough (Town Ward 3) is a vibrant area steeped in history and character, nestled along the picturesque Otonabee River. This neighborhood showcases a blend of charming heritage homes and modern developments, reflecting the evolution of the city from its early days as a trading post to its current status as a thriving community. With a strong sense of local pride, residents enjoy a unique mix of urban conveniences and natural beauty, highlighted by well-maintained parks and access to recreational activities.
The character of Town Ward 3 is defined by its diverse community, which includes young professionals, families, and retirees. The area is known for its welcoming atmosphere, where neighbors often gather for community events and support local businesses. The historic downtown is just a stone's throw away, offering a variety of boutiques, cafes, and restaurants, making it a hub for social interaction and cultural experiences.
What sets Town Ward 3 apart is its commitment to preserving green spaces while promoting growth. Residents benefit from nearby amenities such as the Peterborough Museum and Archives, which offers a glimpse into the local history, and the beautiful Del Crary Park, perfect for summer picnics and outdoor concerts. The neighborhood’s accessibility to the Trent-Severn Waterway provides opportunities for boating and fishing, making it a haven for outdoor enthusiasts.
The unique combination of history, community spirit, and recreational opportunities make Peterborough (Town Ward 3) a desirable location for anyone looking for a close-knit community that values both tradition and modern living.
68 active listings with a median price of $549,900.
Lifestyle & Community
Living in Peterborough (Town Ward 3) offers a community-oriented lifestyle enriched by local culture and events. Residents enjoy a relaxed pace of life, with easy access to outdoor activities, including hiking and biking trails along the river. The neighborhood hosts a variety of community events, such as farmers' markets and cultural festivals, fostering a strong sense of belonging among residents. The vibe is friendly and welcoming, with a strong emphasis on supporting local businesses and arts, making it an ideal place for those who appreciate a tight-knit community.
Local Amenities
- Del Crary Park
- Peterborough Museum and Archives
- Trent University
- Local cafes and restaurants
- Shopping centers
- Public library
- Community center
- Fitness facilities
- Public transit access
- Children's playgrounds
- Schools
Points of Interest
- Peterborough Lift Lock
- The Canadian Canoe Museum
- Little Lake
- Jackson Park
- Peterborough Memorial Centre
- Art Gallery of Peterborough
- Trent-Severn Waterway
- Victoria Park
- Peterborough Farmers' Market
Market Overview
The real estate market in Peterborough (Town Ward 3) is currently characterized by 68 active listings and a median listing price of $549,900. Homes are selling relatively quickly, with an average of 30 days on the market. This indicates a competitive market, where buyers should be prepared to act swiftly. The diversity of properties available caters to a range of buyers, from first-time homeowners to those looking for more spacious family homes.
Investment Outlook
Peterborough (Town Ward 3) presents promising investment opportunities, notably for rental properties due to its proximity to Trent University and local amenities. The demand for housing remains strong, particularly among students and young professionals. Recent development trends suggest an increase in modern townhouses and condominiums, which may appeal to investors looking to capitalize on the growing rental market.
Ideal For
Peterborough (Town Ward 3) is ideal for first-time buyers seeking affordable housing options, families looking for community-oriented living, and retirees desiring a peaceful environment. Investors will also find this area attractive due to its rental potential and ongoing development trends.
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Living in Peterborough (Town Ward 3)
Lifestyle
Living in Peterborough (Town Ward 3) offers a community-oriented lifestyle enriched by local culture and events. Residents enjoy a relaxed pace of life, with easy access to outdoor activities, including hiking and biking trails along the river. The neighborhood hosts a variety of community events, such as farmers' markets and cultural festivals, fostering a strong sense of belonging among residents. The vibe is friendly and welcoming, with a strong emphasis on supporting local businesses and arts, making it an ideal place for those who appreciate a tight-knit community.
Local Amenities
Del Crary ParkPeterborough Museum and ArchivesTrent UniversityLocal cafes and restaurantsShopping centersPublic libraryCommunity centerFitness facilitiesPublic transit accessChildren's playgroundsSchools
Market Insights
The real estate market in Peterborough (Town Ward 3) is currently characterized by 68 active listings and a median listing price of $549,900. Homes are selling relatively quickly, with an average of 30 days on the market. This indicates a competitive market, where buyers should be prepared to act swiftly. The diversity of properties available caters to a range of buyers, from first-time homeowners to those looking for more spacious family homes.
Investment Potential
Peterborough (Town Ward 3) presents promising investment opportunities, notably for rental properties due to its proximity to Trent University and local amenities. The demand for housing remains strong, particularly among students and young professionals. Recent development trends suggest an increase in modern townhouses and condominiums, which may appeal to investors looking to capitalize on the growing rental market.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
1
$200K – $400K
6
$400K – $600K
21
$600K – $800K
9
$800K – $1.0M
5
$1.0M – $1.5M
2
$1.5M – $2.0M
3
$2.0M – $3.0M
2
$3.0M+
2
Explore More in Peterborough (Town Ward 3)
Peterborough (Town Ward 3) Market ReportPrices, trends & analysisCost of Living in Peterborough (Town Ward 3)Housing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Peterborough (Town Ward 3)Schools & ratings nearbyTransit in Peterborough (Town Ward 3)Stops & stations nearbyParks in Peterborough (Town Ward 3)Parks & recreation nearby
Frequently Asked Questions About Peterborough (Town Ward 3)
There are currently 52 active residential listings in Peterborough (Town Ward 3). This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.