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Kortright West, Guelph
$789,999
This spacious detached home is situated in the highly sought after south end location of Guelph just minutes from the University. It offers exceptional versatility for investors, students or families alike. Freshly painted throughout and filled with natural light, Featuring three generously sized bedrooms, two bathrooms, a large separate dining room with bay window, and a spacious light filled living room. The large eat-in kitchen has a walk out to a good sized backyard. The attached garage has direct access to the home and a door to the backyard. The unfinished basement which is full of potential has a bathroom rough-in and is ready for development. This well-proportioned layout offers comfortable family living or an attractive student home. Enjoy close proximity to the University of Guelph, transit, shopping, restaurants and everyday amenities. A wonderful opportunity to secure a detached home in a location where lifestyle and investment potential come together.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,864 |
| Lot Size | 51.87 ft x 104.68 ft |
| mls© Number | X13663172 |
| Listed By | RE/MAX ABOUTOWNE REALTY CORP. |
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%
- $4,044
- Property tax
- $405
- Heat allowance
- $150
- Housing costs
- $4,599 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$142,000
gross annual household income
- Payment at 4%
- $3,324 / mo
- Cash down
- $158,000
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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