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Price Change$399,000

1271 Franklin Drive

Northcrest Ward 5, Peterborough

$559,000

Detached|Bungalow
3 | 2 | 3
About this home

This beautifully updated solid-brick bungalow is situated in a friendly and established Peterborough neighbourhood, offering 3bedrooms, 2 bathrooms and a functional layout with plenty of space for the entire family. Step inside to a bright, freshly painted interior featuring updated flooring, modern light fixtures and beautifully finished walls, creating a clean and contemporary feel throughout. The updated kitchen features stainless steel appliances with plenty of space for everyday living and entertaining. Major improvements provide added peace of mind, including an updated furnace and roof, making this a fantastic opportunity for first-time buyers, down sizers, investors or anyone looking for a well-maintained, move-in-ready home with many of the big-ticket items already taken care of. The lower level offers even more living space with a large recreation room, three-piece bathroom, workshop area and plenty of storage. The generous layout provides flexibility for a home office, gym, guest space or additional bedroom. Outside, enjoy a beautiful private backyard complete with a storage shed and interlocking stone patio-perfect for summer BBQs, entertaining or relaxing outdoors. The property also features a convenient carport and private driveway. Ideally located close to schools, parks, trails, shopping, transit and everyday amenities, this solid brick bungalow offers a great combination of location, updates and usable living space.Move-in ready, beautifully updated and full of potential

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,228
Lot Size58 ft x 110 ft
mls© NumberX13835078
Listed ByRE/MAX WEST 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%
$2,861
Property tax
$352
Heat allowance
$150
Housing costs
$3,364 / mo

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

Down payment20% · $111,800
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,352 / mo
Cash down
$111,800

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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