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Listed 13 days ago

760 New Romaine Street

Otonabee Ward 1, Peterborough

$424,900

Detached|Bungalow
2 | 1 | 2
About this home

Welcome to 760 New Romaine St, a charming 2+1 bedroom bungalow offering over $50,000 in updates and improvements. The home features updated flooring throughout, a fully updated kitchen with appliances, and a refreshed bathroom with the tub updated in 2021. The finished basement with walk-up access provides additional living space and flexibility.Major updates include roof (2019), furnace and central air (2021), along with a gas BBQ hookup and electrical panel with generator hookup. The home sits on a 40' x 100' lot with a private driveway and 2 parking spaces. Conveniently located close to schools, local amenities and workshop/employment opportunities, with bus routes providing access toward Trent University and Fleming College, including stops along High Street.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$3,268
Lot Size40 ft x 100 ft
mls© NumberX13860430
Listed ByRoyal LePage Our Neighbourhood Realty

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%
$2,175
Property tax
$272
Heat allowance
$150
Housing costs
$2,597 / mo

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

Down payment20% · $84,980
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$84,980

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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