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Price Change$399,900

277 Reid Street

Town Ward 3, Peterborough

$379,900

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

With classic sandstone brickwork plus front porch, and many character features throughout, this 3 or 4 bedroom home provides a superb opportunity. Many recent upgrades, and a touch of TLC will make this a great home! Roof 2016, majority of windows & furnace done in 2018, and freshly painted 2026. Massive kitchen with lots of cupboard space plus main level laundry. 3 bedrooms upstairs with a 4 piece bathroom, but also, a potential main level bedroom. Main level has hardwood floors. Outside there are perennial gardens and a fenced backyard with patio area. Centrally located with space for parking, this would also make for a good rental or student residence building. Rooftop grasshopper solar contract with Hydro One, with homeowner receiving payments for solar at the contract maturity date.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$3,268
Lot Size40 ft x 75 ft
mls© NumberX13691230
Listed ByRoyal LePage ProAlliance 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%
$1,945
Property tax
$272
Heat allowance
$150
Housing costs
$2,367 / mo

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

Down payment20% · $75,980
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,599 / mo
Cash down
$75,980

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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