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.
4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $387 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 700 Latimer Way
Every detail from the listing, in one place.
Type
Townhouse
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Att/Row/Townhouse
700 Latimer Way Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,849
/mo
based on the purchase price of $579,900
$115,980 cash
$463,920 financed
$390,742 total interest
Principal54%$463,920
Interest46%$390,742
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Peterborough
Other 3–4 bed homes for sale in Peterborough around $580K.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings399Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with May 4 – Aug 2, 2026: prices up.
Based on 374 sales from Aug 2 – Oct 31, 2026 (329 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 700 Latimer Way
How much is 700 Latimer Way listed for?
700 Latimer Way is listed at $579,900 (MLS® X13560802). Summitly updates the price as soon as the MLS® record changes.
Is $579,900 a good price for 700 Latimer Way?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Peterborough. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 700 Latimer Way changed?
Yes — it was first listed at $622,900 and is now $579,900, a drop of $43,000 (6.9%).
How many bedrooms and bathrooms does 700 Latimer Way have?
700 Latimer Way has 4 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a townhouse in Peterborough.
How much would the monthly mortgage be on 700 Latimer Way?
About $2,849 a month — principal and interest on $579,900 with 20% down ($115,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 700 Latimer Way compare with other homes in Peterborough?
Its asking price of $579,900 is about the same as the median sold price in Peterborough over the last 90 days, $570,000, across 374 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 700 Latimer Way been sold before?
Summitly has no earlier MLS® sale or lease of 700 Latimer Way on record from the last two years. Older records aren't shown under TRREB rules.
Where is 700 Latimer Way?
700 Latimer Way is in Peterborough, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 700 Latimer Way been on the market?
114 days — 700 Latimer Way was listed on July 9, 2026.
What is the price per square foot of 700 Latimer Way?
About $290 to $387 per square foot: the asking price of $579,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 700 Latimer Way have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 700 Latimer Way have a basement, and is it finished?
The listing describes the basement as: Unfinished.
