1271 Franklin Drive, Peterborough

$539,000
1271 Franklin Drive

$539,000

Price Change
25d
DetachedBungalow

1271 Franklin Drive, Peterborough

Total Monthly Obligation $2,902

Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
25d
Score
25
Yield
6.5%
Cash on Cash
3.3%
Cap Rate
5.3%
5Y IRR
18.2%
10Y IRR
16.7%
Property Type-Detached
MLS® Number-X13835078
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-58 × 110 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,228 (2025)
Parking-3 - Carport
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Aluminum Siding
Roof-Fibreglass Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Northcrest Ward 5
Title-Residential Freehold

No agent assigned

This beautifully updated solid-brick bungalow is situated in a friendly and established Peterborough neighbourhood, offering 3bedrooms, 2 bathrooms and a functional layout with plenty of space for the entire family. Step inside to a bright, freshly painted interior featuring updated flooring, modern light fixtures and beautifully finished walls, creating a clean and contemporary feel throughout. The updated kitchen features stainless steel appliances with plenty of space for everyday living and entertaining. Major improvements provide added peace of mind, including an updated furnace and roof, making this a fantastic opportunity for first-time buyers, down sizers, investors or anyone looking for a well-maintained, move-in-ready home with many of the big-ticket items already taken care of. The lower level offers even more living space with a large recreation room, three-piece bathroom, workshop area and plenty of storage. The generous layout provides flexibility for a home office, gym, guest space or additional bedroom. Outside, enjoy a beautiful private backyard complete with a storage shed and interlocking stone patio-perfect for summer BBQs, entertaining or relaxing outdoors. The property also features a convenient carport and private driveway. Ideally located close to schools, parks, trails, shopping, transit and everyday amenities, this solid brick bungalow offers a great combination of location, updates and usable living space.Move-in ready, beautifully updated and full of potential

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$431,200
Land Transfer Taxes$7,255
Legal Fees (Est.)
$
Total cash required for closing$116,555

Total Monthly Obligation

$2,902/mo
Mortgage $2,174
Monthly Loss $2,329
Principal$572
Interest$1,602
Property Tax$352
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.6%4
5-Year IRR
13.6%62
10-Year IRR
13.5%
Returns Index
32.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$35,280/yr
NOI
$23,024/yr
Net Cash Flow
-$256/mo
Cash Margin
-8.7%1
Cash Flow Index
0.9/ 100
Risk Profile
Weight: 20%
DSCR
0.8819
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
30.8/ 100

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

Comparables

Properties near 1271 Franklin Drive

Time

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Data last updated within the past 24 hours.