The County of Peterborough comprised of: the townships of Douro-Dummer, Galway-Cavendish and Harvey, Havelock-Belmont-Methuen, North Kawartha and Smith-Ennismore-Lakefield; Curve Lake First Nation Indian Reserve No. 35.
Known as one of the best places to retire in Ontario and one of the best places to invest in Canada according to Comfort Life Magazine 2017, Peterborough was established in 1819. Fully incorporated as a city on July 1, 1905, the population of Peterborough reaches just over 80,000 as of 2016. Located on the Otonabee River in Central Ontario, the city stretches 125 kms northeast of Toronto and about 270 kms southwest of Ottawa. Nicknamed “The Electric City” of Ontario, Peterborough was the first town to use electric streetlights. Circa 1000 BCE- 1000 CE, it is assumed that the First Nations group entered the region across the Bering Sea with the Woodland Natives inhabited the area.
Significant growth is planned for Peterborough as the municipal government has approved and is constructing the extension of Highway 407 into the city.
Peterborough Transit runs throughout the city with GO bus routes as well
A recreational/business airport is located off major Highway 115 just south of the city
Peterborough Museum & Archives – houses the original Peter Robinson papers
Trent-Severn Waterway with the world’s largest hydraulic lift lock, Peterborough Lift
Snowplace Performance Centre – 647-seat performance facility
Jackson Park – 250 year-old trees
Riverview Park and Zoo
Peterborough Petes – junior level hockey team with the OHL
Part of the Kawartha Pine Ridge District School Board, serves the area headquartered in Peterborough. They city consists of public 16 elementary schools, 5 secondary schools and 1 adult learning centre. Catholic school board with 9 elementary and 2 secondary schools along with multiple French language schools.
Peterborough houses Trent University and Fleming College.
Peterborough’s economy has been fueled by many different sectors including the service and manufacturing fields. The Peterborough Regional Health Centre is among the largest employer of the city. Quaker Oats factory has provided the surrounding areas of vanilla scents throughout the year. 3 shopping centres serve the communities making Peterborough a major shopping destination. The location of the city also boasts as a gateway to cottage country making traffic of people high.
As of May 2020:
Average sold price: $500k
14.8% Increase yearly (from 2019-2020)
Average days on market: 27 days
Selling to listing price ratio: 97%