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Listed 10 days ago

492 Hopkins Avenue

, Peterborough

$399,999

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

A FOUR-BEDROOM DETACHED CENTURY HOME offering an exceptional opportunity to enter the Peterborough market. Well maintained under the same ownership for more than 30 years, this two-storey home offers a comfortable foundation with flexibility for a first-time buyer, growing family or investor. The main floor features a spacious living area with NEW LAMINATEFLOORING, a practical kitchen, 2-PIECE BATHROOM and access to the rear of the home. Upstairs, FOUR BEDROOMS and a FULL 4-PIECE BATHROOM provide room for family, guests or a dedicated home office. The basement offers laundry and storage, while the additional rear room provides versatile space for a mudroom, hobby area or other use. Outside, a CHARMING FRONT PORCH WITH NEW COMPOSITE DECKING welcomes you home, while the DEEP DRIVEWAY offers parking for several vehicles. The FULLY FENCED BACKYARD is a BLANK CANVAS, ready for a garden, entertaining space, play area or private retreat. Recent exterior improvements have further refreshed the property, complemented by an UPDATED FURNACE AND SHINGLES. Set within an area experiencing continued reinvestment, 492 Hopkins Avenue offers the opportunity to secure a detached four bedroom home at an accessible price point and shape it to suit your vision!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$3,571
Lot Size36.83 ft x 89.1 ft
mls© NumberX13873940
Listed ByRoyal LePage Frank Real Estate

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%
$2,047
Property tax
$298
Heat allowance
$150
Housing costs
$2,495 / mo

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

Down payment20% · $80,000
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$80,000

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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