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Price Change$720,000

947 Southlawn Drive

Ashburnham Ward 4, Peterborough

$595,000

Detached|Bungalow
3 | 3 | 5
About this home

Spacious 3+1 bedroom, 3 bath bungalow Located In The South East End Near Schools, Parks, Transit, Highway 115 And The Otonabee River For Nice Afternoon Walks! All Brick Raised Bungalow With An Attached Garage With Direct Access To Inside The House, Double Wide Paved Driveway And A Good Sized Yard In The Back. On The Inside, The Home Offers A Laundry Room That Can Be Shared Between Both Main Level And Downstairs, Hardwood Throughout Main Level, Master Bedroom With Ensuite. Fully Finished Basement With 2nd Kitchen, Full Bathroom, Bedroom, Pot Lights. Property Is Tenanted, 24 hr Notice Required between 10 am-8pm For Showing.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,352
Lot Size50 ft x 0 ft
mls© NumberX13416114
Listed ByROYAL LEPAGE IGNITE REALTY

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%
$3,045
Property tax
$363
Heat allowance
$150
Housing costs
$3,558 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,000
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,504 / mo
Cash down
$119,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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