The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Single-family home with student rental potential. Near the heart of Peterborough, with a great central location boarding on "the Avenues" known for historical century homes full of character! Potential here for student living with excellent and much sought after Trent University and Fleming College in the city and the local transportation bus routes nearby to get you to either one! Walk to downtown shopping, entertainment, parks, farmers markets, hospital, clinics, schools, restaurants, and all the amenities that small city life has to offer. This characters home main floor has a kitchen with granite counters and walkout to private backyard, formal dining room, living room, and convenient bath/laundry room with cork flooring and an old-fashioned clawfoot tub. The upper level has a three-piece bath, 3 bedrooms, and a common living\recreation room, or office area. This solid home has had many upgrades over the past few years, including mostly modern windows, upgrades to plumbing and electrical, central air, new shingles (2022), and a new forced air natural gas furnace (2022). There's also lots of dry storage space in the neat and tiny basement area. With an easy access from the kitchen there as an oasis like private backyard and patio, they're loaded with perennials, and mature shrubs to enjoy. Enjoy those summer evenings, raised box planters for all your vegetables as well. Fully fenced with gates ideal for pets. There are many options with this property. Great single-family home, shared extended family, setup, potential student income property, and more! City zoning of R1.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,985/mo
Mortgage (principal + interest)$1,646
Property taxFrom listing: $4,069/yr$339
Minimum $22,000 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$88,000
Ontario land transfer taxProvincial brackets, no first-time refund$5,275
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$96,075
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Peterborough has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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