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Grange Road, Guelph
$699,900
This solid, brick bungalow features 2+1 bedrooms, 2 bathrooms, finished basement and large, fenced yard. Inlaw suite potential, additional entertaining area in the gazebo on the back deck, main floor and lower level laundry. The home has been well maintained with many updates throughout. Spacious living room, dining area off the kitchen, and walk-out to the deck from the master bedroom. Located within walking distance to the Victoria Road Recreation Center, elementary and secondary schools, parks and public transit.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,473 |
| Lot Size | 50 ft x 120 ft |
| mls© Number | X13410940 |
| Listed By | Royal LePage Royal City Realty |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,582
- Property tax
- $373
- Heat allowance
- $150
- Housing costs
- $4,105 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$126,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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