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Price Change$1,299,000

132 Drone Crescent

Willow West/Sugarbush/West Acres, Guelph

$1,249,000

Detached|2-Storey
4 | 5 | 4
About this home

Stunning Property with Certified Rental Income Potential ! This Detached Home features 4 Spacious Bedrooms and 3 Full Washrooms on the Second Floor, Perfect for Growing Families. Enjoy a Rare, Legally Basement Apartment boasting 2 Additional Bedrooms, Washroom, Full Kitchen, Separate Side Entrance and Independant Laundry. Upgraded Finishes Throughout, Open Concept Living Space and Excellent Location close to Top Rated Schools, Transit and Shopping (Costco, Zehrs, Banks and Much More) . Move in and Let your Basement pay significant amount of your mortgage ! Property Features Below: * Double Car Garage * Double Door Main Entrance * Spacious Foyer * Decent Size Home Office * No Carpet on Main Floor - All Hardwood Flooring * 9' Ceiling on Main * Upgraded Kitchen Aid Appliances * Including Built-In Oven and Microwave, Counter Top Gas Stove, Fridge and Dishwasher (Main Floor) Upgraded Larger Size Patio Door - All Transom Windows on Main * Granite Counter in Kitchen and Powder Room * Wired Security Cameras - Approx 700 Sq Ft of Stamped Concrete in Backyard * Separate Entrance to Legal Basement Apartment * No House Behind * EV Charge Point in Garage * Furnace * A/C and Plumbing Maintained by "Reliance * Ethernet Cable Connection in Each Bedroom, Office and Family Room * Separate Living and Family Room ** AAA Tenant Living in Basement Since Separate 2020 and Paying $1900/Month.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age6-15
Size2500-3000 sq. ft.
Property Tax$8,548
Lot Size36 ft x 136.56 ft
mls© NumberX13578352
Listed ByiCloud Realty Ltd.

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%
$6,393
Property tax
$712
Heat allowance
$150
Housing costs
$7,255 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $249,800
25-yr amortization

Income needed

$223,000

gross annual household income

Payment at 4%
$5,256 / mo
Cash down
$249,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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