$384,900

For sale

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485 Mark Street, Peterborough (Ashburnham Ward 4) - Single Family for Sale

485 Mark Street, Peterborough (Ashburnham Ward 4), Ontario, K9H1W1

2 beds2 baths4 parking ft²

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4 bd2 ba2 pk1,300 ft²Lot size 38 × 105 ft (3,990 sq ft)

Listed by ROYAL HERITAGE REALTY LTD.

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2651 Marsdale Drive, Peterborough (Ashburnham Ward 4), Ontario, K9L1R5

For sale

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$500K

2651 Marsdale Drive, Peterborough (Ashburnham Ward 4), Ontario, K9L1R5

3 bd2 ba4 pk1,300 ft²Lot size 52 × 126 ft (6,536 sq ft)

Listed by COMFLEX REALTY INC.

Investment analysis

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$384,900

Peterborough

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33 × 209 ft (6,897 sq ft) lot size

Overview

This 2-bedroom, 2-bathroom home in Peterborough is for sale offering roughly 1,300 sq ft of space. Listed at $384,900, it is attractively priced about 34% below the $585,000 median asking price in Peterborough. It has been on the market 26 days, fresher than the Peterborough average of 50 days.

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Description

Welcome to 385 Mark St in Peterborough's trendy East City. This very affordable 2 bedroom 2 bath home is looking for some love. Fantastic location, great over-sized private yard, garage converted man-cave, and in the heart of one of the coolest little areas Peterborough has to offer, all for under $400,000! Don't wait on this one! (id:66096)

Property Details

MLS®: X13880194
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 33 × 209 ft (6,897 sq ft)
Frontage: 33 ft
Storeys: 1
Basement: Crawl space
Heating: Forced air, Natural gas, Wood
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $3,874/yr
Listed: 26 days ago

Rooms

Main level

Living room: 3.96 x 3.05 meters
Dining room: 3.66 x 3.66 meters
Laundry room: 2.44 x 1.83 meters
Kitchen: 3.96 x 3.66 meters
Bathroom: 1.22 x 0.76 meters

Second level

Bedroom: 3.35 x 3.05 meters
Other: 2.44 x 1.52 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All
Foundation: Stone
Exterior: Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Peterborough (Ashburnham Ward 4) listings, avg age

50d

Price / ft²

$296

List price

$385K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Peterborough (Ashburnham Ward 4) has been listed for 26 days, which is 24 days fresher than the city average of 50. Act while there is still low competition.

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Listed by Re/Max All-Stars Realty Inc. · Jeff Reid

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9H)

This home lists at $384,900, about 6.0× the local median household income of $64,000.

Carrying it typically needs a household income of about $75,184 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.

Median household income: $64,000
Population: 29,704
Median age: 42
Owner / renter: 53% / 47%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K9H)

$384,900· $296/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,245

Min 5%50%

Mortgage payment$2,027/mo

↳ CMHC premium ($14,626 capitalized)

Property tax (est.)$323/mo

Total monthly$2,350

Cash Needed to Close

Down payment (5%)$19,245

Land transfer tax$4,249

Est. closing costs$3,655

Total cash needed$27,149

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