398 Applegrove Avenue, Peterborough

$564,900
398 Applegrove Avenue

$564,900

New
9d
DetachedBungalow

398 Applegrove Avenue, Peterborough

Total Monthly Obligation $3,043

Beds
3
Baths
1
Park
2
Sqft
700-1100
DOM
9d
Score
17
Yield
4.4%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-X14034384
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-62.5 × 98.47 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,666.46 (2026)
Parking-3 - Carport
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-MinCom Kawartha Lakes Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Northcrest Ward 5
Title-Residential Freehold

No agent assigned

Welcome to 398 Applegrove Avenue, a well-cared-for brick bungalow in Peterborough's established Northcrest neighbourhood. Experience a modern-style, move-in ready home offering 3 bedrooms, a finished basement and impressive recent improvements. The main floor features a bright living room, separate dining area and an updated kitchen with newer cabinet doors, countertop, sink, flooring and backsplash, along with brand-new appliances (2026). The fully renovated bathroom (2024), features a new shower, vanity, Toto toilet and exhaust fan, giving two of the most important rooms in the home a fresh, modern ambience. Downstairs, the finished basement provides plenty of additional living space with a large rec room, office, laundry area and a possible bathroom with a built in floor drain and exhaust fan. Outside, you'll find a fenced yard, storage shed and a carport built in 2024, finished with Kaycan siding, a cedar interior, skylight and door with window. Other notable improvements include a new central air conditioner, water heater in 2026 (owned), a 200-amp electrical panel, updated double-pane windows, R60 attic insulation, modern LED lighting, newer eavestroughs and vinyl basement flooring. A boundary survey was completed in 2024. Located close to schools, parks, transit and everyday amenities, 398 Applegrove offers a desirable home, a fantastic neighbourhood with the benefit of extensive recent improvements already completed. There is also possibility for a basement apartment with a separate entrance off the kitchen.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$451,920
Land Transfer Taxes$7,773
Legal Fees (Est.)
$
Total cash required for closing$122,253

Total Monthly Obligation

$3,043/mo
Mortgage $2,279
Monthly Loss $2,443
Principal$600
Interest$1,679
Property Tax$389
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.6%16
10-Year IRR
8.0%
Returns Index
9.6/ 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
$24,936/yr
NOI
$13,276/yr
Net Cash Flow
-$1,172/mo
Cash Margin
-56.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.494
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
25.4/ 100

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

Comparables

Properties near 398 Applegrove Avenue

Time

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