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Pineridge/Westminster Woods, Guelph
$1,599,000
Welcome to 280 Farley Drive, a recently updated family home backing onto green space in Guelph's desirable south end. Offering 2,954 sq. ft. above grade, this well-designed home features a main-floor office, formal dining room, and inviting family room. Upstairs, you'll find four generous bedrooms, providing plenty of space for a growing family. The fully finished basement includes a separate entrance and a self-contained 2 BED LEGAL APARTMENT, ideal for extended family or rental income. Situated on a premium 50 x 140 ft lot with parking for six vehicles, this property offers the perfect combination of space, functionality, privacy, recent updates, and income potential.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $9,686 |
| Lot Size | 55.67 ft x 140 ft |
| mls© Number | X13788614 |
| Listed By | Real Broker Ontario 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%
- $8,184
- Property tax
- $807
- Heat allowance
- $150
- Housing costs
- $9,142 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$281,000
gross annual household income
- Payment at 4%
- $6,729 / mo
- Cash down
- $319,800
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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