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Listed 1 month ago

2085 Springwood Road

Monaghan Ward 2, Peterborough

$679,900

Detached|Bungalow-Raised
3 | 3 | 6
About this home

Some homes are simply houses; others carry years of family life within their walls. This spacious 5-bedroom, 3-bathroom home on an oversized corner lot has been carefully maintained by the same owner for many years and offers the space, flexibility and potential for its next chapter. With a heated in-ground pool, 5 sheds and a versatile lower level, there is plenty here to make your own. Ideally located close to great schools, parks, transit, and with easy access to Highway 115, this is a location that truly supports today's busy lifestyle. The functional layout features 3 bedrooms on the main level and 2 additional bedrooms on the lower level, making it ideal for large or multi-generational families, those seeking flexible living arrangements, or buyers looking to personalize a solid home in an established community. The lower level includes a kitchen 2 large bedrooms and a generous 4-piece bathroom, family room with fireplace (current owner has not used) and walkout offering excellent potential for extended family living, or private space for your teens and visiting relatives.One of the home's hidden gems is the original hardwood flooring beneath the existing carpeting, providing the opportunity to uncover timeless character and warmth throughout much of the home.Major updates provide peace of mind, including upgraded 200-amp electrical service, a new gas furnace (2024), Rheem hot water tank (2023), gas pool heater (2023), roof replaced approximately 2012 with added insulation, newer front doors (2023), updated kitchens, newer light fixtures, most windows and doors replaced, newer front and rear steps, and a separate pool fuse box in pool shed.Spend your summers enjoying the heated in-ground pool. This is an opportunity to own a home that offers space to grow, flexible living options, enduring quality, and the chance to add your own style and vision for years to come.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,779
Lot Size59 ft x 182 ft
mls© NumberX13795528
Listed ByCentury 21 United 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%
$3,480
Property tax
$482
Heat allowance
$150
Housing costs
$4,112 / mo

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

Down payment20% · $135,980
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,861 / mo
Cash down
$135,980

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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