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Price Change$819,000

678 S Edinburgh Road S

Kortright West, Guelph

$789,999

Detached|2-Storey
3 | 2 | 3
About this home

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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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,864
Lot Size51.87 ft x 104.68 ft
mls© NumberX13663172
Listed ByRE/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.

Down payment20% · $158,000
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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