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Price Change$849,900

39 Fountain Street

, Kitchener

$899,900

Detached|2 1/2 Storey
4 | 2 | 4
About this home

*** Additional Listing Details - Click Brochure Link *** ATTENTION INVESTORS & FIRST-TIME BUYERS! ** Rare opportunity to own a legal detached duplex situated on a premium, oversized 58 ft x 106 ft deep lot in the highly coveted historical core of Downtown Guelph. Boasting exceptional width, this property offers incredible future development potential for an Accessory Dwelling Unit (ADU) or detached backyard coach house suite! Totaling 1,810 sq. ft. of versatile living space, complete with a detached garage. ** VACANT POSSESSION BONUS: Unit B (the bright, ground-level 1-bed, 1-bath with a spacious living room and back porch) will be delivered 100% VACANT as of September 1st! Set your own premium market rent or move right in to enjoy the freshly updated 2025 kitchen flooring! ** UNIT A (Upper Level): Generous, tenant-occupied 3-bedroom, 1-bathroom footprint featuring a bright sunroom, functional kitchen, and a massive bonus attic space accessible via a beautifully updated staircase (completed in 2016). CRITICAL VALUE UPGRADE BONUS FOR BUYER: The seller has fully contracted and prepaid for complete roof replacements on both the porch and the detached garage, scheduled for installation in Septeber, 2026. Warranty will be fully transferred to the buyer on closing! Steps to Guelph Farmers Market, cafes, and direct GO Train routes to Toronto.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,232
Lot Size58 ft x 106 ft
mls© NumberX13627484
Listed ByROBIN HOOD REALTY LIMITED

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%
$4,606
Property tax
$519
Heat allowance
$150
Housing costs
$5,275 / mo

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

Down payment20% · $179,980
25-yr amortization

Income needed

$162,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$179,980

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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