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Town Ward 3, Peterborough
$585,000
Tucked into the Avenues, this solid brick home puts downtown, the hospital and local schools all within easy walking distance. Set on a deep lot, the property offers a backyard made for play and entertaining, with room to gather, garden or simply spread out. Inside, the home is full of character. A classic centre hall plan sets the tone, and hardwood floors and original details carry through every room. The generous living room is anchored by a fireplace with built-ins on either side, a natural gathering spot for quiet evenings or lively conversation. Just off the kitchen, the formal dining room is well suited to intimate dinners and holiday tables. At the back of the house, a large three-season room opens up possibilities: a bright studio, a reading retreat, or extra living space for the warmer months and beyond. Upstairs, two spacious bedrooms share a full bathroom. The unfurnished basement and detached garage add storage and flexibility. For a small family or an individual looking for a modest footprint in one of the city's most desirable, walkable neighbourhoods, this is a rare opportunity to own a home with real heart.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,309 |
| Lot Size | 50 ft x 186 ft |
| mls© Number | X13836468 |
| Listed By | Royal Lepage Frank Real Estate Electric City |
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%
- $2,994
- Property tax
- $442
- Heat allowance
- $150
- Housing costs
- $3,587 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$110,000
gross annual household income
- Payment at 4%
- $2,462 / mo
- Cash down
- $117,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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