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Listed 1 month ago

10 Pearl Street

General Hospital, Guelph

$589,900

Detached|1 1/2 Storey
2 | 1 | 0
About this home

Welcome to 10 Pearl Street! This charming detached red-brick century home is the perfect setup for anyone wanting to get into the detached market at an affordable price. Complete with its own private backyard, you can enjoy the summer with zero lawn maintenance! All of the heavy-lifting has been done on this home in the last 20 years, including newer windows, plumbing, electrical, furnace (2021), A/C (2021), water heater (2026), and more. This cozy yet spacious home is exceptionally situated close to downtown and the Speed River. Don't have a car? Not a problem! This home offers an incredible walking score and near-immediate access to Guelph's elaborate walking, hiking, and cycling trail system. There is also year-round street parking on Pearl Street and King Street, and the current owner has always had an overnight parking space. The full basement is unfinished and stays dry year-round, giving you ample storage and includes laundry hookups. The covered porch out back offers casual outdoor living space leading to the brick patio, which is sheltered and shaded. The front yard offers abundant sunlight for your gardens, and the enclosed front porch is the perfect place to sip morning coffee. Don't miss this opportunity to live in your own detached home so close to downtown at such an affordable price! Get in touch with your realtor and book a private showing today!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$4,259
Lot Size31.44 ft x 74.69 ft
mls© NumberX13691182
Listed ByBosley Real Estate 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%
$3,019
Property tax
$355
Heat allowance
$150
Housing costs
$3,524 / mo

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

Down payment20% · $117,980
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,482 / mo
Cash down
$117,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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