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Town Ward 3, Peterborough
$579,000
Welcome to 508 Cordach Crescent, a sun filled home on a quiet street just steps from Jackson Park. Offering 3 bedrooms, 2 three-piece bathrooms, and parking for up to 3 vehicles, this property is ideally situated between one of Peterborough's most treasured green spaces and the amenities of downtown. Offering the convenience of a main floor bedroom and three-piece bathroom, it is well suited for those seeking to age-in-place. Upstairs, you'll find two additional bedrooms and a three-piece bathroom. A standout feature is the public health-certified commercial kitchen, a rare offering in a residential property. Ideal for caterers, bakers, meal-prep businesses, and food entrepreneurs, this space could also be repurposed to suit a variety of future uses, including an in-law suite, additional living space, studio, workshop, or hobby area. The kitchen and dining area open to a sunroom overlooking the mature, treed backyard. Private and quiet, the outdoor space is ideal for entertaining & relaxing. A 3-minute walk brings you to Jackson Park, often considered the jewel of Peterborough. This natural oasis in the city offers an extensive trail network popular with hikers, dog walkers, runners, cyclists, and cross-country skiers. Explore trails winding through old-growth forest, alongside Jackson Creek, around the scenic pond, and past the historic Pagoda Bridge. Immediate amenities include a playground, splash pad, disc golf course, skate park, pickleball courts, lawn bowling, and a seniors' centre. Connected to the Trans Canada Trail, the park also provides a scenic walking and cycling route to downtown Peterborough, approximately 15 minutes from home. Nearby amenities include a playground, splash pad, disc golf course, skate park, pickleball courts, lawn bowling, and a seniors' centre. Connected to the Trans Canada Trail, the park also provides a scenic route to downtown Peterborough, approximately a 15-minute walk from the home. Updated windows, roof and electrical.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,370 |
| Lot Size | 46.69 ft x 105.34 ft |
| mls© Number | X13410108 |
| Listed By | Signature Elite Realty Ltd. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,964
- Property tax
- $364
- Heat allowance
- $150
- Housing costs
- $3,478 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$107,000
gross annual household income
- Payment at 4%
- $2,437 / mo
- Cash down
- $115,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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