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New4 days ago

361 Metcalfe Street

Riverside Park, Guelph

$649,900

Detached|Bungalow
3 | 2 | 4
About this home

Charming 3-bedroom bungalow in Riverside Park. Ideal location!! Close to all amenities - schools, shopping, golf course, parkland and trails. Quiet neighbourhood, backing onto park. Backyard is very private with large deck and fenced yard, including 2 sheds. Hardwood floors throughout the main level with 3 good sized bedrooms, 4 pc bath, large bright living room and eat-in kitchen. The lower level already has a 4 pc bath and kitchen roughed in for a basement apt. Or you can finish to add more living space for a growing family. Forced air gas heating, central air, water softener, and water purification system. Portable carport adds extra storage or additional parking

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,375
Lot Size49.84 ft x 107 ft
mls© NumberX13791676
Listed ByRealty Executives Plus 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%
$3,326
Property tax
$365
Heat allowance
$150
Housing costs
$3,841 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

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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