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Price Change$649,000

805 Milford Drive

Ashburnham Ward 4, Peterborough

$595,000

Detached|Bungalow-Raised
2 | 2 | 3
About this home

Welcome to this charming and easy-to-maintain 2+2 bedroom home offering excellent flexibility and additional rental potential! Featuring a beautiful glass-enclosed solarium overlooking a private backyard with a spacious deck. The kitchen offers convenient patio-door access to the backyard, while the lower level features a separate entrance through the garage, kitchen, recreation room, 2nd bathroom, large laundry area, ample storage and nanny suite-ideal for extended family or additional income potential. An attached garage, double paved driveway and cozy gas fireplace complete this wonderful property. Surrounded by mature trees and located in a friendly, family-oriented neighbourhood, just a 5-minute away from the lake and park, with quick access to Hwy 115 and approximately one hour from Toronto.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,094
Lot Size0 ft x 0 ft
mls© NumberX13870904
Listed ByRE/MAX REALTRON 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%
$3,045
Property tax
$424
Heat allowance
$150
Housing costs
$3,620 / mo

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

Down payment20% · $119,000
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,504 / mo
Cash down
$119,000

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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