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Listed 26 days ago

687 Lundy's Lane

Otonabee Ward 1, Peterborough

$519,900

Detached|Bungalow
2 | 2 | 4
About this home

Spacious and affordable bungalow with a heated double attached garage, ideally located close to amenities and everyday conveniences. This well-appointed 2+1 bedroom home, formerly 3+1, offers significantly more space than meets the eye. The main floor features a generous eat-in kitchen, bright living room with gas fireplace, dining room (formerly the 3rd bedroom), 3-piece bath, and two bedrooms. The lower level offers exceptional additional living space, including a large utility/laundry/storage area beneath the double garage, expansive recreation room with a second gas fireplace, two versatile flex spaces, an additional bedroom, and 3-piece bath. A unique and spacious home offering flexibility, functionality, and great value in a convenient location. Come see what this low maintenance house has to offer.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$5,309
Lot Size115.41 ft x 43 ft
mls© NumberX13810164
Listed ByBowes & Cocks Limited

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%
$2,661
Property tax
$442
Heat allowance
$150
Housing costs
$3,254 / mo

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

Down payment20% · $103,980
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,188 / mo
Cash down
$103,980

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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