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Listed 1 month ago

408 - 415 Grange Road

Grange Road, Guelph

$385,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Welcome to 415 Grange Road, Unit 408! This bright and well-maintained top-floor 1-bedroom, 1-bathroom condo offers comfortable living in a convenient Guelph location. Enjoy an abundance of natural light throughout the unit, along with lovely views from this desirable top-floor position. The thoughtfully laid-out space is clean, inviting and move-in ready, featuring in-suite laundry, a private balcony, an exclusive storage locker and 1 parking space. Ideally located close to schools, parks, green spaces and walking areas, with convenient access to everyday amenities and transit. A wonderful opportunity for first-time buyers, downsizers, professionals or investors looking for a well-kept condo in a great location.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$318
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,795
mls© NumberX13762888
Listed ByRoyal LePage Royal City Realty
Parking Included
Common Elements Included
Building Insurance Included
CAC Included

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%
$1,971
Property tax
$233
Heat allowance
$150
Condo fees, half counted
$159
Housing costs
$2,512 / mo

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

Down payment20% · $77,000
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,620 / mo
Cash down
$77,000

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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