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Listed 2 months ago

498 Weller Street

Town Ward 3, Peterborough

$799,900

Detached|2 1/2 Storey
4 | 3 | 3
About this home

WELL WELL WELLER. What do we have here? An opportunity to get into a two and a half storey solid brick home on Weller Street for well under the usual million dollars plus.With approximately $90,000 of essential improvements just completed, including electrical, plumbing, roof, and more, this home is ready to be lived in and updated to your taste. This lovingly cared for home sits on a deep lot on one of Peterborough's premier streets among many other stately properties. This is a spacious family home, with four bedrooms, three full bathrooms, and a walk-in pantry is a home cook's dream. And can you believe this second floor family room and sun room?! Living space abounds, but not at the expense of storage. The full-height basement is a large useful space, leaving the detached solid brick garage free for parking.The deep back yard is a blank slate, ready for your urban garden and outdoor living dreams to become reality. Come see all that this solid characterful home has to offer. This is a pre-inspected home.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$8,756
Lot Size48.02 ft x 218.76 ft
mls© NumberX13666424
Listed ByCentury 21 United 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%
$4,094
Property tax
$730
Heat allowance
$150
Housing costs
$4,974 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

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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