362 Simons Avenue, Peterborough

$650,000
362 Simons Avenue

$650,000

New
16d
DetachedBungalow

362 Simons Avenue, Peterborough

Total Monthly Obligation $3,520

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
16d
Score
19
Yield
5.4%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X13872016
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-170.02 × 104.01 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$6,272.32 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Frank Real Estate
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible - one month
Neighbourhood-Northcrest Ward 5
Title-Residential Freehold

No agent assigned

Welcome to the Central North end of Peterborough, within walking distance to all of the stores and bus routes on Chemong Road. This very well-maintained bungalow is approximately 1500 ft sq on the main floor, with a large main floor family room edition behind the double car garage. Both of the bathrooms up and down have been updated, as well as the kitchen a few years ago. Gleaming hardwood floors throughout. This home is located on an extra large lot with the home built to one side for future severance of a lot once city services become available. Gas, heat, central air, and a back up generator - all appliances included. This one will go fast. Seller has not used the wood burning fireplace in many years and cannot guarantee it would pass a W.E.T.T. certification. Pre-sale home inspection completed.

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

Closing Costs

Mortgage Amount
$520,000
Land Transfer Taxes$9,475
Legal Fees (Est.)
$
Total cash required for closing$140,975

Total Monthly Obligation

$3,520/mo
Mortgage $2,622
Monthly Loss $2,830
Principal$690
Interest$1,932
Property Tax$523
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,376/yr
NOI
$21,066/yr
Net Cash Flow
-$866/mo
Cash Margin
-29.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.9/ 100

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

Comparables

Properties near 362 Simons Avenue

Time

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