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New6 days ago

52 Speedvale Avenue W

Exhibition Park, Guelph

$675,000

Detached|Bungalow
3 | 2 | 4
About this home

Welcome to 52 Speedvale Ave West, a stunningly renovated 1,005-square-foot bungalow that is completely vacant and ready for immediate move-in. The main level features a bright, open-concept living and dining area with durable vinyl plank flooring, fresh paint, modern trim, and updated pot lights throughout. At the heart of the home is a fabulous U-shaped kitchen complete with brand-new upgraded appliances, white cabinets, and granite countertops. This floor also hosts three comfortable bedrooms and a newly designed 4-piece bathroom featuring a granite double-sink vanity and beautiful marble mosaic tile flooring. Just off the kitchen, you can step out onto a spacious, freshly painted deck overlooking a massive, fully fenced, private backyard that is perfect for kids, pets, or gardening. The true highlight of the outdoor space is a heated 130-square-foot 'Bunkie Life' loft with hydro, offering endless possibilities as a home office, yoga studio, or guest suite. Downstairs, a clean and dry 900-square-foot basement offers a convenient 3-piece bathroom, laundry area, a cold room, and a massive open layout ready to be finished to your exact needs. Complete with an attached garage, parking for three cars, and an income-producing microFIT solar system, this centrally located home sits just minutes from downtown Guelph, shopping, transit to the University of Guelph, and beautiful local parks. *For Additional Property Details Click The Brochure Icon Below*

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,780
Lot Size64.83 ft x 91 ft
mls© NumberX13778524
Listed ByICI SOURCE REAL ASSET SERVICES INC.

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%
$3,455
Property tax
$398
Heat allowance
$150
Housing costs
$4,003 / mo

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

Down payment20% · $135,000
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,841 / mo
Cash down
$135,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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