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Price Change$549,900

228 Towerhill Road

Northcrest Ward 5, Peterborough

$529,900

Detached|Bungalow
2 | 2 | 3
About this home

Modern and recently renovated 2 + 1 bedroom, 2 bath, all brick bungalow with attached garage offers approx 1350 sq ft of living space with a brand new stylish kitchen with soft close cabinets, pantry with pullouts, granite countertops with peninsula island with extended eat up countertop. New laminate flooring throughout main level. Finished basement offers potential for student rental with large bedroom with larger window, walk in closet and a 3 pc bath, plus a rec room area with oversized escape window and small wetbar/kitchenette that offers cabinets, counter space and small fridge, or can be easily removed to convert to a 4th bedroom if needed. Basement also offers potential to be converted to an inlaw. Walk out from kitchen to a new fully privacy fenced yard, new patio area in back and also front walkway and entry. Newer ac unit and some new windows on main level. Located in the North end on bus route and close to shopping and schools.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$4,087
Lot Size46.55 ft x 120.71 ft
mls© NumberX13549344
Listed ByRoyal Service Real Estate Inc.

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%
$2,712
Property tax
$341
Heat allowance
$150
Housing costs
$3,203 / mo

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

Down payment20% · $105,980
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$105,980

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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