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New4 days ago

718 GILLESPIE Avenue

Otonabee Ward 1, Peterborough

$409,900

Detached|1 1/2 Storey
3 | 1 | 0
About this home

Welcome to this charming 1.5-storey 3 bedroom home, recently updated and move-in ready! Thoughtfully refreshed throughout, this home features updated kitchen cabinets, refinished hardwood floors, new trim and baseboards, and fresh paint. The main floor offers a comfortable principal bedroom and a beautifully updated four-piece bathroom. Upstairs, you'll find two additional generously sized bedrooms, each with good closet space and refinished flooring. The lower level provides ample storage space, while outside, the nice-sized lot offers plenty of room for the family to enjoy. Recent updates include a gas furnace, heat pump, breaker panel, and new roof, providing peace of mind for years to come. All that's missing is your young family to move in and make this charming home your own!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,379
Lot Size50 ft x 100 ft
mls© NumberX14030780
Listed ByFlat Rate Realty Corp.

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%
$2,098
Property tax
$282
Heat allowance
$150
Housing costs
$2,530 / mo

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

Down payment20% · $81,980
25-yr amortization

Income needed

$78,000

gross annual household income

Payment at 4%
$1,725 / mo
Cash down
$81,980

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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