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Price Change$529,900

893 Cumberland Avenue

Northcrest Ward 5, Peterborough

$519,000

Detached|Bungalow
2 | 2 | 3
About this home

2+2 bedroom, 2 bath home close to Trent University, in the desirable North-end. Featuring a large eat-in kitchen, bright living room, formal dining area, 2 bedrooms and sunroom on the main floor. Side entrance offers potential for an in-law suite. 2 bedrooms, 1 bath, rec room and combination laundry / galley kitchenette on the lower level. Sunroom overlooks, deck and private backyard. Beautiful Gardens! Carport and paved drive. Close to all amenities. Pride of ownership is evident, this home is move in ready.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,228
Lot Size54 ft x 110 ft
mls© NumberX13680130
Listed ByHomelife Preferred Realty 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%
$2,656
Property tax
$352
Heat allowance
$150
Housing costs
$3,159 / mo

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

Down payment20% · $103,800
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,184 / mo
Cash down
$103,800

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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