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Price Change$950,000

731 Harper Road

Otonabee Ward 1, Peterborough

$875,000

Detached|Bungalow
3 | 2 | 16
About this home

Combine your home and business here ! This 3 bedroom, 1 bath bungalow offers open concept living space on main level with updated kitchen with centre island, loads of cabinetry and stainless steel appliances, living room with gas fireplace and dining room. Mud room entry at back of home off kitchen. The home is heated with gas and has a crawlspace basement. ZONED GENERAL INDUSTRIAL M 1.2; this property offers an attached 1321 sq. foot shop which has been used as a car detailing business. The zoning is general industrial M1.2 and allows a variety of uses including vehicle repair and service, car cleaning, warehousing, transportation, sales & service, building products, nursery, assembly, manufacturing, etc. Property is on municipal water and sewer and heated with natural gas. The shop has a 2pc bath, 2- ten foot doors and a ceiling height of 12 feet and is heated with a ceiling suspended gas heater. The driveway is very large and fits 8-14 cars. This is a great opportunity for a work at home business. Flexible possession. HST is in addition to the price. Also listed as Commercial MLS#X13594058

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,157
Lot Size150.03 ft x 150.07 ft
mls© NumberX13594042
Listed ByRoyal LePage Frank Real Estate

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%
$4,479
Property tax
$346
Heat allowance
$150
Housing costs
$4,975 / mo

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

Down payment20% · $175,000
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,682 / mo
Cash down
$175,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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