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Listed 16 days ago

1225 Milburn Street

Northcrest Ward 5, Peterborough

$649,800

Detached|Bungalow
3 | 3 | 4
About this home

Rare Opportunity in the North End! This spacious 5-bedroom family home offers 1,461 sq. ft. of finished above-grade living space and is ideally situated on a quiet, low-traffic street, just steps from schools, parks, and scenic walking trails. The main floor features oversized windows, three of the five bedrooms, and a bright open-concept living and dining area centred around a cozy fireplace. The large windows fill the space with natural light, creating a warm and inviting setting for everyday living and entertaining. The lower level offers two additional generous bedrooms and a 3-piece bathroom, along with a spacious family room and kitchenette. A second gas fireplace, laundry area, large utility/storage room, and egress window add versatility to this level, making it ideal for guests, older children, or extended family. Outside, enjoy a spacious backyard surrounded by mature gardens, offering plenty of room to relax or entertain. The newly renovated double carport provides covered parking for two vehicles while adding convenience and curb appeal. A spacious and versatile family home in a fantastic North End location!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,177
Lot Size55 ft x 110 ft
mls© NumberX13851130
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%
$3,326
Property tax
$431
Heat allowance
$150
Housing costs
$3,907 / mo

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

Down payment20% · $129,960
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,734 / mo
Cash down
$129,960

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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