Peterborough Real Estate & Homes For Sale
Peterborough is a city located on the Otonabee River in Ontario, Canada. The city has also named the gateway to the Kawarthas "cottage country," a large recreational region of Ontario. Peterborough is named after Peter Robinson, who is known for organizing the city's migration and settlement. The city is located at an elevation of 195 m and stretches over an area of 64.25 km². In 1821, Adam Scott set up a sawmill and gristmill at the city's site, and the place became famous as Scott's Plains. Later in 1825, around 2000 immigrants settled here, and the town and county were renamed after the group's director, Peter Robinson. Gradually, the city became a commercial and manufacturing centre for the surrounding area and a tourist centre for the Kawartha Lakes region.
Peterborough Real Estate Trends and Information
The total population of Peterborough at the time of Canada Census 2016 was 82,094. The population rose from, 79,863 indicating a 2.8% population growth from the year 2011 to 2016. The population density of Peterborough is 1,525.7/km2.
- AGE: The average age of the residents of Peterborough is 43.5 years. The working-age group of 15 to 64 years comprises of majority of the population accounting for 63.1% of the total population. The working-age group is followed by the youngest residents (0- 14years), making around 14.5% of the total population. The smallest age group is that of 85+ years ones which make only 4%. Surprisingly, 35 people in Peterborough crossed the age of 100 years during the 2016 Canada Census.
- IMMIGRANTS: The total population of Peterborough includes 9% immigrants. The real toll of immigrants in Peterborough is 7,175. Around 650 people migrated to Peterborough from 2011 to 2016. Currently, there are 690 non-permanent residents in Peterborough.
The count of a visible minority population in Peterborough is 4,810, which is nearly 6% of the total population. South Asian community makes up almost 1.6% of the total population, followed by Chinese and Blacks making up 1% of the total population individually. The third-largest visible minority is formed by the Filipino population accounting for 0.5% of the total population.
Homes For Sale in Peterborough
Dwellings in Peterborough are of various types based on their structure, including apartments, rowhouses, detached houses, and semi-detached houses:
- Single Detached Houses: 20,550
- Other Attached Dwellings: 12,060
- Semi Detached Houses: 765
- Other Single Attached Houses: 45
People living in private households was 79,595
The average household size was 2.3.
- The mean rent for a 1-bedroom apartment in Peterborough, ON is $1,371. The average rent for a 1-bedroom apartment witnessed an increase of 9% as compared to last year.
- Currently, the average rent for a 2-bedroom apartment in Peterborough, ON is $1600. The average rent for a 2-bedroom apartment increased by 14% in the last 12 months.
Education in Peterborough is managed by various school boards responsible for either catholic, French or Secular education. In addition, the following school boards in Peterborough manage school education:
- Kawartha Pine Ridge District School Board
- Peterborough Victoria Northumberland and Clarington Catholic District School Board
- Conseil scolaire de district catholique Centre-Sud
Peterborough is home to excellent and efficient post-secondary institutions. These institutions attract a lot of international students from all over the world. Following post-secondary institutions are available in Peterborough:
- Trent University was established in 1964 and mainly focuses on environmental, cultural, and science studies. The university operates through Champlain, Lady Eaton, Catharine Parr Traill, Otonabee, Peter Gzowski and Julian Blackburn.
- Fleming College: Fleming College operates through two primary campuses in Peterborough: Sutherland Campus and McRae Campus.
- Kawartha Lakes Bible College: It is a small evangelical Bible college affiliated with Plymouth Brethren. It was opened in 1973.
- Master's College and Seminary: It is a Pentecostal Christian post-secondary education institution with an on-campus Bible College.
- Public library system: In Plato's words, "Books give life to the universe, wings to the mind, flight to the imagination and life to everything." The city of Peterborough has genuinely understood the importance of books. Therefore, it provides the facility of the public library to the residents through Public Library System. It is a full-service library with a current circulating collection of books, CD audiobooks, Music, DVDs and magazines.
Places To Visit
Peterborough has various places which are perfect for relaxing and recreation. The following places in Peterborough are worth visiting:
- Ferry Meadows Country Park
- Real-world Wildlife Haven
- Showcase Cinema De Lux Peterborough
FAQs (Peterborough Real Estate)
- Q1 What is the average rent for a 1-bedroom apartment in Peterborough, ON ?
The average rent for a 1-bedroom apartment in Peterborough, ON, is $1,371.
- Q2 What is the average rent for a 2-bedroom apartment in Peterborough, ON ?
The average rent for a 2-bedroom apartment in Peterborough, ON is $1600.
- Q3 What is the total number of occupied private dwellings in Peterborough, ON ?
The total number of occupied private dwellings in Peterborough, ON is 35,130.
- Q4 What is the total population of Peterborough, ON ?
As per the 2016 Canada Census, the total population of Peterborough, ON is 82,094.
- Q5 What is the total population density of Peterborough, ON ?
According to the 2016 Canada Census, the total population density of Peterborough is 1,525.7 people per square kilometre.