567 King Street, Peterborough

$585,000
567 King Street

$585,000

New
25d
Detached1 1/2 Storey

567 King Street, Peterborough

Total Monthly Obligation $3,177

Beds
2
Baths
1
Park
3
Sqft
1100-1500
DOM
25d
Score
19
Yield
5.1%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13836468
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-50 × 186 ft
Listed on site-Sep 28, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$5,308.8 (2026)
Parking-4 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Royal Lepage Frank Real Estate Electric City
Cooling-None
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Town Ward 3
Title-Residential Freehold

No agent assigned

Tucked into the Avenues, this solid brick home puts downtown, the hospital and local schools all within easy walking distance. Set on a deep lot, the property offers a backyard made for play and entertaining, with room to gather, garden or simply spread out. Inside, the home is full of character. A classic centre hall plan sets the tone, and hardwood floors and original details carry through every room. The generous living room is anchored by a fireplace with built-ins on either side, a natural gathering spot for quiet evenings or lively conversation. Just off the kitchen, the formal dining room is well suited to intimate dinners and holiday tables. At the back of the house, a large three-season room opens up possibilities: a bright studio, a reading retreat, or extra living space for the warmer months and beyond. Upstairs, two spacious bedrooms share a full bathroom. The unfurnished basement and detached garage add storage and flexibility. For a small family or an individual looking for a modest footprint in one of the city's most desirable, walkable neighbourhoods, this is a rare opportunity to own a home with real heart.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$468,000
Land Transfer Taxes$8,175
Legal Fees (Est.)
$
Total cash required for closing$126,675

Total Monthly Obligation

$3,177/mo
Mortgage $2,360
Monthly Loss $2,556
Principal$621
Interest$1,739
Property Tax$442
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.8%27
10-Year IRR
9.7%
Returns Index
14.9/ 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
$30,060/yr
NOI
$17,245/yr
Net Cash Flow
-$923/mo
Cash Margin
-36.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
25.3/ 100

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

Comparables

Properties near 567 King Street

Time

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Data last updated within the past 24 hours.