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Grange Road, Guelph
$879,000
This beautifully maintained 3-bedroom detached home features a bright, open-concept main floor and a spacious finished loft-ideal as a family room, home office, teen retreat, or potential 4th bedroom. A major highlight is the legal 1-bedroom LEGAL basement apartment with a separate entrance, currently rented for $1,600/month plus 40% of utilities. Vacant possession is available if required. Upgrades include renovated bathrooms, LED lighting, heat pump (2023), furnace (2020), upgraded attic insulation (2023), window blinds (2023), and a centralized humidifier (2023). The legal basement is equipped with a fire-sprinkler system and interconnected hardwired smoke alarms. Enjoy the spacious backyard, complete with a professionally installed interlocking patio-perfect for relaxing and entertaining. Close to shopping, schools, parks, banks, and major routes, this move-in-ready home offers exceptional value. Book your showing before it's gone! Please note: Some listing photos have been virtually enhanced. Audio/video surveillance devices may be present and operating on the property.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,037 |
| Lot Size | 37.44 ft x 152 ft |
| mls© Number | X13786180 |
| Listed By | HOUSESIGMA 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%
- $4,499
- Property tax
- $503
- Heat allowance
- $150
- Housing costs
- $5,152 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$159,000
gross annual household income
- Payment at 4%
- $3,699 / mo
- Cash down
- $175,800
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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