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Listed 14 days ago

704 Latimer Way W

Monaghan Ward 2, Peterborough

$739,000

Detached|2-Storey
4 | 3 | 2
About this home

Bright, sun-filled, carpet-free detached home offering 4 spacious bedrooms and 2.5 bathrooms. The main floor features 9-ft ceilings, pot lights, stainless steel appliances, new vinyl and tile flooring, a cozy fireplace in the family room, hardwood stairs, interior access to the garage, and a kitchen with quartz countertops and backsplash. Quartz countertops are also featured in the bathrooms. The second floor has new vinyl flooring and the convenience of a washer and dryer. The full-height basement offers good ceiling height and a rough-in for a full bathroom. New vinyl flooring throughout the main and second floors.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$6,705
Lot Size9.48 metres x 33 metres
mls© NumberX13859064
Listed ByRoyal LePage Frank Real Estate

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%
$3,783
Property tax
$559
Heat allowance
$150
Housing costs
$4,491 / mo

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

Down payment20% · $147,800
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,110 / mo
Cash down
$147,800

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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