Looking for space, charm, and small-town living just minutes from Peterborough? This solid 1940s home on a 200+ ft lot across from Lakefield College School is the opportunity you've been waiting for. Charming 1940s home on a 200+ ft deep lot offering space, character, and an unbeatable location in the heart of Lakefield. Solidly constructed with rare 10-inch thick walls, this home delivers comfort, durability, and timeless appeal. Step inside to high ceilings on the main floor, a welcoming enclosed front porch, and a functional back mudroom entrance-perfect for everyday living. The flexible layout includes a main floor kitchen, dining, living, primary bedroom, plus additional space ideal for a home office or guest room. The dining room features a cozy propane stove, while the living room offers a wood-burning stove (not WETT certified)-creating warm, inviting spaces throughout. The home is efficiently heated with forced air propane furnace with a UV air filtration system. Upstairs, the bedrooms have lower ceilings and are perfectly suited for single beds, making them ideal for children or guests. Visitors will appreciate the convenience of a rare upper-level ensuite bathroom. Outside, enjoy the benefits of a 200+ ft lot with endless potential, along with an oversized detached garage, drive shed, and workshop space-perfect for storage, hobbies, or projects. Located directly across from Lakefield College School and just minutes to the vibrant Village of Lakefield on the Trent-Severn Waterway at Lock 26. Enjoy local shops, cafés, and community events, all within a charming small-town setting. Plus, you're just 10 minutes to Peterborough and Trent University, offering the perfect balance of lifestyle and convenience. An excellent opportunity for first-time buyers or downsizers seeking space, value, and the best of small-town living.