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Listed 10 days ago

68 Albert Street

Dovercliffe Park/Old University, Guelph

$924,900

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

Welcome to this charming and thoughtfully updated home in Guelph's sought-after Old University neighbourhood, just steps to Downtown and beautiful Royal City Park, where the Speed and Eramosa Rivers meet. The main level offers a newer kitchen, spacious living room, and inviting dining room with sliders leading to the back deck and private yard. Upstairs features three bedrooms, an updated bathroom, and hardwood floors throughout. The finished basement offers additional living space, a separate entrance, and a convenient 3-piece bathroom. A newer, versatile single detached garage features a side roll-up door, creating the perfect opportunity for a recreation room, workshop, or hobby space. At the rear of the property, enjoy your own private swim spa year-round. An added bonus is the solar panel system, generating approximately $1,800 in annual income. A wonderful opportunity in an exceptional location close to parks, trails, the river, and all that Guelph has to offer.

Extras

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Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,577
Lot Size42.4 ft x 108.44 ft
mls© NumberX13764362
Listed ByColdwell Banker Neumann Real Estate

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%
$4,734
Property tax
$631
Heat allowance
$150
Housing costs
$5,515 / mo

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

Down payment20% · $184,980
25-yr amortization

Income needed

$170,000

gross annual household income

Payment at 4%
$3,892 / mo
Cash down
$184,980

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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