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Grange Road, Guelph
$1,188,000
Welcome to 61 Summit Ridge Dr.! Located in a highly sought-after neighbourhood directly across from the park and close to excellent schools, this beautifully upgraded home is truly a family dream. Offering 2,650 sq. ft. plus a fully finished walk-out basement, the home features 5 bedrooms, 3 full bathrooms, and a powder room. The main floor showcases hardwood flooring, beautiful custom millwork, upgraded cabinetry, granite countertops, and a spacious eat-in kitchen. The elegant dining room features a luxurious coffered ceiling, while the living room is highlighted by stunning custom built-in cabinetry and shelving, surrounding a beautiful fireplace-the perfect heart of the home. The generous primary suite features a walk-in closet and private ensuite. The finished basement adds versatile living space with an additional bedroom, walk-in closet, and pantry. A convenient walkout leads to the backyard, where a spacious raised deck and brand-new poured patio create a private backyard oasis, offering an exceptional setting for relaxing and entertaining outdoors.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 6-15 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $7,925 |
| Lot Size | 39.73 ft x 113.9 ft |
| mls© Number | X13776602 |
| Listed By | M1 Real Estate Brokerage 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%
- $6,081
- Property tax
- $660
- Heat allowance
- $150
- Housing costs
- $6,891 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$212,000
gross annual household income
- Payment at 4%
- $4,999 / mo
- Cash down
- $237,600
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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