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New6 days ago

283 Macalister Boulevard

Kortright East, Guelph

$1,599,950

Detached|2-Storey
4 | 6 | 5
About this home

(1)Main and upper level feature hardwood and ceramic flooring throughout, while all levels offer impressive 9-foot ceilings. Premium quartz countertops featured on the kitchen island and all bathroom vanities. (2) Fully finished walkout basement with a legal 2-bedroom suite, each bedroom featuring its own bathroom. Includes durable double-laminated flooring and porcelain tile throughout. (3)Superior sound insulation between the main floor and basement, enhanced with four layers of sound-reduction materials for added privacy and comfort. (4)Bright open-concept layout featuring a family room, dining area, and kitchen. Offers 2 rare primary suites with ensuites, 2 additional bedrooms, 2 apartment bedrooms, and 6 bathrooms in total. (5)Spacious 16' x 23' composite deck with front frameless glass railings, backing onto a tranquil forest and wetland with beautiful views and abundant wildlife. (6)Located minutes from the University of Guelph, within walking distance to a Catholic school, and close to the new high school. (7)Stunning custom-built home featuring an elegant stone and brick exterior and premium finishes throughout. Approx. 3,556 sq. ft. total (2,767 sq. ft. above grade + 789 sq. ft. below grade)

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age6-15
Size3500-5000 sq. ft.
Property Tax$10,700
Lot Size49.21 ft x 85.3 ft
mls© NumberX13783622
Listed ByHOMELIFE LANDMARK REALTY 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%
$8,189
Property tax
$892
Heat allowance
$150
Housing costs
$9,231 / mo

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

Down payment20% · $319,990
25-yr amortization

Income needed

$284,000

gross annual household income

Payment at 4%
$6,733 / mo
Cash down
$319,990

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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