Peterborough is known as the gateway to the Kawarthas ‘ cottage country’ and has a population of 81,000. Peterborough’s nickname in the distant past was ‘electric city’ because it was the first Canadian town to use electric streetlights. Rich in heritage, the region is host to many museums, cultural exhibitions, theatres and galleries.
Manufacturing is still one of the key sectors along with food process, automotive supplies, electronics, aerospace and life sciences. For anyone working in Peterborough, or looking to work in the city, there are lots of industries with which to find employment. The average house price in Peterborough is $363,310 and property prices are seeing a 4.9% annual growth rate making it a highly coveted place to live.
At Burke Financial, we are your Peterborough subprime mortgage broker. If you have equity built up in your home but aren’t sure how to access it, we can assist you every step of the way. Contact us today to get started.