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Listed 27 days ago

39 Keats Crescent

Kortright West, Guelph

$969,900

Detached|Bungalow
4 | 3 | 3
About this home

A GAME-CHANGING INVESTMENT GENERATING EXCEPTIONAL INCOME. Welcome to 39 Keats Crescent, a highly profitable, income-producing duplex in Guelph's sought-after south end, situated on a large 50-ft lot and offering 2,800+ sq. ft. of finished living space, currently generating $6,950/month with utilities included. A+ student tenants currently signed on for September 1, 2026 - April 2027. Situated in a quiet, mature neighbourhood close to major amenities, schools, parks and the University of Guelph, this property offers investors an outstanding combination of location, income and recent improvements. The main floor features 4 bedrooms, an updated kitchen and newly created main bathroom and laundry room, hardwood flooring, a spacious family room, an additional 5 pc bath and a patio door walk-out to an elevated rear deck. The approximately 1,400 sq. ft. fully finished, walk-out basement includes a bright legal 2-bedroom accessory apartment with a large den, kitchen, rec, spacious bathroom and separate laundry facilities. Recent improvements include new basement subfloor and flooring, renovated basement bathroom with new flooring, new electrical sub-panel and dedicated closet, hardwired fire alarms in both units, and pot lights in the basement living room. The deck has been structurally upgraded with 6x6 posts and doubled stringers. Roof shingles (2013), windows (2011), furnace (2011), main bathroom (2016), and kitchen with stainless steel appliances (2019). With substantial rental income, over 2,800 sq. ft. of finished space and significant recent improvements, 39 Keats Crescent represents a compelling, income-focused investment opportunity for investors seeking a strong and profitable addition to their portfolio.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,964
Lot Size50 ft x 110 ft
mls© NumberX13705738
Listed ByeXp 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%
$4,964
Property tax
$580
Heat allowance
$150
Housing costs
$5,695 / mo

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

Down payment20% · $193,980
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,081 / mo
Cash down
$193,980

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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