1357 Hetherington Drive, Peterborough

$824,900
1357 Hetherington Drive

$824,900

New
18d
Detached2-Storey

1357 Hetherington Drive, Peterborough

Total Monthly Obligation $4,313

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
18d
Score
17
Yield
4.6%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X13863656
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-65.52 × 147.64 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$7,324 (2025)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Bowes & Cocks Limited
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Northcrest Ward 5
Title-Residential Freehold

No agent assigned

Welcome to this spacious 4 bedroom, all brick two storey home backing onto greenspace in sought after University Heights. Designed with family living in mind, this home offers generous space across all three levels, with multiple areas to gather, relax, and enjoy. The main floor features a dining room/living room combo, inviting family room with gas fireplace, a 2 piece powder room and an updated kitchen with granite countertops and walkout to a beautifully landscaped, partially fenced backyard. Complete with a patio, gazebo, and putting green, this backyard is perfect for family gatherings and outdoor enjoyment. Upstairs, the spacious primary suite offers a generous walk-in closet and ensuite with glass shower and jacuzzi tub, along with three additional bedrooms and a 4 piece bath. The lower level adds even more flexibility with a large rec room and versatile flex room, ideal for a teen retreat, games room, home gym, or additional bedroom. A generous storage room also offers potential for future use, including a possible lower-level bathroom. Additional features include a newly installed Generlink, Trane furnace and C/A, California Shutters, pot lights, and hardwood floors. The location is ideal for an active family, with close proximity to Trent University, the Otonabee River, Riverview Park & Zoo, parks, trails, shopping, and everyday amenities.

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

Closing Costs

Mortgage Amount
$659,920
Land Transfer Taxes$12,973
Legal Fees (Est.)
$
Total cash required for closing$179,453

Total Monthly Obligation

$4,313/mo
Mortgage $3,327
Monthly Loss $3,437
Principal$876
Interest$2,452
Property Tax$610
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$37,800/yr
NOI
$22,196/yr
Net Cash Flow
-$1,478/mo
Cash Margin
-46.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.8/ 100

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

Comparables

Properties near 1357 Hetherington Drive

Time

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