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Listed 3 months ago

1 Fortye Gate

Otonabee Ward 1, Peterborough

$729,900

Detached|Bungalow
2 | 3 | 6
About this home

Welcome home to 1 Fortye Gate, a wonderful family home located in an established neighbourhood in Peterborough's desirable west end. This move-in ready bungalow offers everything families love about west end living; a great location, functional layout, and a property to enjoy, with easy access to schools, everyday amenities, community parks, Fleming College trails, and Highway 115. From the moment you arrive, the beautiful curb appeal and professionally completed hardscaping set the tone for a home that has been meticulously maintained inside and out.The main floor features a bright and functional layout with neutral finishes throughout, including a primary suite with walk-in closet and 4-piece ensuite, an additional bedroom, and a newly updated main bathroom. The inviting living room offers a cozy fireplace, and dining area, while the eat-in kitchen features updated appliances, plus patio doors leading directly to the backyard deck. The convenient main floor laundry and mudroom area provides access to the attached double car garage.The fully finished lower level adds even more space with an additional bedroom and 3-pc bathroom. With high ceilings, large windows allowing for incredible natural light, and plenty of storage space, including an additional area that could be used as a work-from-home space, hobby area, or whatever suits your needs, this lower level truly feels like an extension of the home.Step outside and enjoy a beautifully maintained, fully fenced backyard featuring the new fence, sprinkler system, and plenty of privacy. With space for kids to play, dogs to run, and the whole family to enjoy, this is the kind of backyard that makes you want to spend more time at home. A great property, a thoughtful layout, and a location families love; this is west end living at its best.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$6,121
Lot Size65 ft x 102.97 ft
mls© NumberX13556482
Listed ByRoyal Lepage Proalliance Realty

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%
$3,736
Property tax
$510
Heat allowance
$150
Housing costs
$4,396 / mo

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

Down payment20% · $145,980
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,072 / mo
Cash down
$145,980

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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