737 Water Street
Northcrest Ward 5, Peterborough
$529,000
Attention Investors! Opportunity To Buy A Turn Key Student Rental! This Beautiful 2 Storey Brick Home Has Been Lovingly Updated, While Maintaining Much Of Its Original Character And Charm. 5 Bedrooms, 2 Baths. Large Kitchen. Has Lots Of Cupboard Space, Quartz And Wood Countertops & 1 Fridges. 2 Official Main Floor Bedrooms With High Ceilings And Big Windows. Main Floor 3Pc Bath W/Shower & Vanity. Upper Level Has 3 More Bright Bedrooms. Bright 2nd Floor 4Pc Bath. Other Upgrades: Kitchen Island, Floors On Main Level and Second Floor, and Fresh Paint. Gas Furnace. Back Deck. Private Gated Back Yard. Tons Of Parking. Close To All City Amenities: Shopping, Downtown Pubs, Restaurants. Also On Trent Express Bus Route.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,907 |
| Lot Size | 35 ft x 89 ft |
| mls© Number | X13461812 |
| Listed By | HOMELIFE LANDMARK REALTY INC. |
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%
- $2,708
- Property tax
- $326
- Heat allowance
- $150
- Housing costs
- $3,183 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$98,000
gross annual household income
- Payment at 4%
- $2,226 / mo
- Cash down
- $105,800
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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