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Listed 20 days ago

726 Fairbairn Street

Northcrest Ward 5, Peterborough

$549,900

Detached|Bungalow
3 | 2 | 3
About this home

Beautiful 3 bedroom Ranch Bungalow situated on a nice lot across from Jackson Park! The main floor offers a large bright Living/Dining room with plenty of windows and wood-burning fireplace with unique stone surround. Walkout to deck and fenced yard. Features 3 good sized bedrooms with 1 presently being used as a Family Room. Cute kitchen and mudroom with stacking washer/dryer and access to the attached single garage. Excellent opportunity with 1 bedroom legal accessory apartment with large Living area w/gas fireplace. Separate entrance, separate laundry, presently vacant and ready to go! The rear yard is private, lots of parking.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,082
Lot Size65.81 ft x 113.33 ft
mls© NumberX13833764
Listed ByRE/MAX HALLMARK EASTERN REALTY

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%
$2,815
Property tax
$424
Heat allowance
$150
Housing costs
$3,388 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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