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Listed 1 month ago

547 Barnes Crescent

Otonabee Ward 1, Peterborough

$569,000

Detached|Bungalow-Raised
3 | 2 | 3
About this home

Welcome to 547 Barnes Cres, a beautifully maintained 3+2 bedroom bungalow tucked away on a quiet, family-friendly street. This inviting home offers a bright and functional layout with plenty of space for first-time buyers, growing families or investors. The updated kitchen features quartz countertops and newer appliances, complemented by modern light fixtures and a stylish bathroom renovated in 2024. Additional highlights include fresh paint, a beautiful interlocked walkway and patio, and newer eavestroughs and downspouts. The lower level offers excellent potential for an in-law suite, providing added flexibility for extended family or additional living space. Ideally located with quick access to Hwy 115, making commuting a breeze, and just minutes from Costco, Lansdowne Place, grocery stores, restaurants and everyday amenities. A wonderful opportunity to own a move-in-ready home in a convenient Peterborough location! Some of the listing photos have been enhanced using AI.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,008
Lot Size44 ft x 92 ft
mls© NumberX13749584
Listed ByHOUSESIGMA 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%
$2,912
Property tax
$334
Heat allowance
$150
Housing costs
$3,396 / mo

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

Down payment20% · $113,800
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,394 / mo
Cash down
$113,800

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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