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Listed 4 months ago

508 Cordach Crescent

Town Ward 3, Peterborough

$579,000

Detached|1 1/2 Storey
3 | 2 | 3
About this home

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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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,370
Lot Size46.69 ft x 105.34 ft
mls© NumberX13410108
Listed BySignature Elite Realty Ltd.

Listing History

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  • 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.

Down payment20% · $115,800
25-yr amortization

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 check

Investment Analysis

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