887 Philip Street, Peterborough

$565,000
887 Philip Street

$565,000

New
23d
DetachedBungalow

887 Philip Street, Peterborough

Total Monthly Obligation $3,030

Beds
6
Baths
2
Park
2
Sqft
700-1100
DOM
23d
Yield
6.4%
Cash on Cash
2.7%
Cap Rate
5.2%
5Y IRR
17.7%
10Y IRR
16.4%
Property Type-Detached
MLS® Number-X13843256
Beds-6
Bathrooms-2
Size-700-1100 sqft
Lot Size-56 × 100 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,511 (2025)
Parking-2 - None
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Northcrest Ward 5
Title-Residential Freehold

No agent assigned

Attention Investors & Buyers! North End Bungalow with 3 Bedroom In-Law Suite. The main level features kitchen, living and dining, three generously sized bedrooms and one 4pc bathroom. The lower lever, accessible through a separate entrance, includes an in-law suite with three bedrooms, 4pc bathroom, a full kitchen, living area and laundry. Ideal for multigenerational living or rental income potential. ** Property is currently tenanted with no written lease agreement in place. Property is being sold "as is, where is", with the existing tenancy in place and the Buyer(s) will be required to assume the tenant(s) on completion. Seller is not providing vacant possession. Buyer to conduct their own due diligence regarding the tenancy and any future requirements for vacant possession. **

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Closing Costs

Mortgage Amount
$452,000
Land Transfer Taxes$7,775
Legal Fees (Est.)
$
Total cash required for closing$122,275

Total Monthly Obligation

$3,030/mo
Mortgage $2,279
Monthly Loss $2,430
Principal$600
Interest$1,679
Property Tax$376
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 887 Philip Street

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