625 Union Street, Peterborough

$425,000
625 Union Street

$425,000

New
30d
Detached2-Storey

625 Union Street, Peterborough

Total Monthly Obligation $2,390

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
30d
Score
28
Yield
7.3%
Cash on Cash
5.9%
Cap Rate
5.8%
5Y IRR
20.3%
10Y IRR
18.5%
Property Type-Detached
MLS® Number-X13818088
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-32 × 97 ft
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,608.48 (2026)
Parking-3 - None
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK EASTERN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding, Wood
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-TBD
Neighbourhood-Town Ward 3
Title-Residential Freehold

No agent assigned

A detached home in Peterborough for $425,000. 3 bedrooms, 2 bathrooms, updated kitchen, parking for two and flexible possession. Renovated (2021) 2-storey century home delivers. Nestled on a quiet street in the heart of central Peterborough, directly across from a park and just steps from the Otonabee River waterfront, scenic trails, downtown shops, cafés, restaurants, and the Trent Express, this charming 3-bedroom, 2-bathroom home offers the perfect blend of character, modern updates, and an unbeatable walkable/bikeable lifestyle. Full of character, the home showcases its original staircase and trim, complemented by fresh modern paint tones throughout. The eat-in kitchen features a custom-built banquette and handcrafted butternut dining table, quartz countertops, stainless steel appliances, newer cabinetry, updated electrical, modern lighting, under-cabinet lighting, and two walk-outs; one to a cozy covered porch enclosed on three sides and one to a sun-drenched deck. The main floor also offers a convenient bedroom, a 3-piece bathroom with walk-in shower and newer vanity, plus in-closet laundry. Upstairs, you'll find two spacious bedrooms with large closets and bright windows, an updated 4-piece bathroom with newer tile, vanity, toilet, and fixtures ... plus an alcove area that makes for a cozy office space or a crafting/reading nook. Additional updates include laminate flooring throughout and an owned hot water tank less than a year old. Outside, enjoy a charming covered front porch, parking for three vehicles, and a private backyard with an oversized shed ideal for a workshop, hobby space, or additional storage. Just minutes from schools, grocery stores, Peterborough Regional Health Centre, Highway 115, and all the conveniences of downtown, this home is an excellent opportunity for first-time buyers, investors, or those looking to capitalize on its strong student rental potential.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$340,000
Land Transfer Taxes$4,975
Legal Fees (Est.)
$
Total cash required for closing$91,475

Total Monthly Obligation

$2,390/mo
Mortgage $1,714
Monthly Loss $1,939
Principal$451
Interest$1,263
Property Tax$301
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%34
Cash-on-Cash
-1.0%6
5-Year IRR
15.0%71
10-Year IRR
14.6%
Returns Index
37.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,876/yr
NOI
$19,680/yr
Net Cash Flow
-$74/mo
Cash Margin
-2.9%3
Cash Flow Index
2.7/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo68
Risk Index
36.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 625 Union Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.