897 Westdale Avenue, Peterborough

$557,000
897 Westdale Avenue

$557,000

New
20d
DetachedBungalow

897 Westdale Avenue, Peterborough

Total Monthly Obligation $2,984

Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
20d
Score
23
Yield
6.2%
Cash on Cash
1.8%
Cap Rate
5.0%
5Y IRR
17.0%
10Y IRR
15.8%
Property Type-Detached
MLS® Number-X13858294
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-56 × 102.6 ft
Listed on site-Oct 3, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,352 (2025)
Parking-3 - None
Basement-Apartment, Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK EASTERN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Northcrest Ward 5
Title-Residential Freehold

No agent assigned

Must be seen: Bright family home with incredible basement apartment! Main floor features large windows, a spacious family room, and hardwood floors throughout the living areas and bedrooms. Spacious lower-level apartment with separate entrance offers excellent potential for supplementary rental income or in-law suite. Conveniently located close to all amenities on oversized lot with a large backyard and detached shed, and located close to schools, parks, shopping, school buses, and local transit. Roof reshingled circa 2018 and 2026.

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

Closing Costs

Mortgage Amount
$445,600
Land Transfer Taxes$7,615
Legal Fees (Est.)
$
Total cash required for closing$120,515

Total Monthly Obligation

$2,984/mo
Mortgage $2,247
Monthly Loss $2,393
Principal$591
Interest$1,656
Property Tax$363
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.6%55
10-Year IRR
12.7%
Returns Index
28.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$34,596/yr
NOI
$22,284/yr
Net Cash Flow
-$390/mo
Cash Margin
-13.5%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
29.2/ 100

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

Comparables

Properties near 897 Westdale Avenue

Time

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