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Riverside Park, Guelph
$720,000
Brick Bungalow on a 52x128 foot lot in an established neighborhood near Riverside Park! Three bedrooms, one bathroom, an updated kitchen,and a large living room are on the main level. Downstairs is finished with a family room, fourth bedroom, and full bathroom. It would make a fantastic second unit by utilizing the separate rear staircase or side entrance. The backyard is quite large and fenced - offering plenty of room for kids and pets to play. It could also easily accommodate an ADU if you're looking for another income generator. Surrounded by great schools, shopping, and parks, this is a great retirement bungalow, family home, or rental property.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,920 |
| Lot Size | 52 ft x 128 ft |
| mls© Number | X13587556 |
| Listed By | eXp 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%
- $3,685
- Property tax
- $410
- Heat allowance
- $150
- Housing costs
- $4,245 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$131,000
gross annual household income
- Payment at 4%
- $3,030 / mo
- Cash down
- $144,000
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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