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Price Change$599,000

711 Otonabee Drive

Ashburnham Ward 4, Peterborough

$575,000

Detached|Bungalow
3 | 2 | 4
About this home

Pride of ownership shines in this beautifully updated 3+2 bedroom, 2 bathroom brick bungalow located in the desirable Ashburnham community of southeast Peterborough. This turn-key home features a bright open-concept main floor with an upgraded kitchen and stainless steel appliances, plus a fully finished basement with a separate entrance, second kitchen, and 2 additional bedrooms-perfect for extended family, guest accommodations, or multi-generational living. Enjoy outdoor living with a spacious backyard deck and gas BBQ hookup, ideal for entertaining. Conveniently close to schools, parks, beaches, golf, the Trans Canada Trail, Highway 115, and the scenic Otonabee River, this property is a perfect fit for families or investors alike.

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TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,325
Lot Size50 ft x 124 ft
mls© NumberX13606862
Listed ByLUCKY HOMES 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%
$2,943
Property tax
$360
Heat allowance
$150
Housing costs
$3,454 / mo

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

Down payment20% · $115,000
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

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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