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Frequently Asked Questions – Leahy’s Lane Development

Posted: 30-Jul-2020

Get answers to some of our most frequently asked questions about Habitat Peterborough’s new affordable 41-unit condo development at 33 Leahy’s Lane in Peterborough. Have a question that hasn’t been answered on our FAQ page? Send us an email at homeownership@habitatpkr.ca and we will get back to you.

Apply to be a condo owner at 33 Leahy’s Lane in Peterborough.

FAQ (frequently asked questions)


Who can apply?

  • Singles, Couples, Seniors, and Families

How do I know if I qualify?

  • Need household income of $30,000 to $82,000
  • Payments will be set at 30% of your gross income

How much debt can I have and still qualify?

  • The amount of debt will depend on your income
  • Maximum GDS is 32% and TDS is 42%

Can I have pets?

  • Small household pets will be allowed, likely a max. of two

Is there a place for my bicycle?

  • There will be a bicycle rack outside
  • Habitat Peterborough will also rent storage rooms in the basement for a nominal monthly fee

Are there two parking spaces available?

  • Habitat Peterborough will rent parking spots to those who need them for a nominal monthly fee
  • Visitor parking, and handicapped parking available also

Is there a common room?

  • Yes, on the main floor near the entrance

Is there a place for our children to play outside?

  • There is a park ½ block away on Leahy’s Lane and the Nicol’s Oval Park is at the corner of Parkhill Road and Armour Road

Are there any appliances included?

  • Yes, there will be a refrigerator, stove, dishwasher, washer, and dryer included with each unit

What kind of heating is it?

  • There will be natural gas heating and air conditioning
  • Each owner will be responsible for their own heating costs
  • The building is Insulated Concrete Form construction which uses 32% less energy to cool and 44% less energy to heat than typical wood-construction

Where are the closest schools?

  • Armour Heights Public School and Thomas A. Stewart Secondary School are nearby

Are any of the units accessible for someone in a wheelchair?

  • The building is 100% accessible, with an elevator and universal design

How much are condo fees?

We expect condo fees to be $250/month

Do I get to work on my own house?

  • Unfortunately no, there will be no volunteers working on this condo project for liability reasons

What are the homeowner workshops I have to attend?

  • Habitat 101
  • Financial Literacy
  • Buying and Funding Your New Home
  • Protecting Your Home and Family
  • Maintaining Your Home