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Price Change$609,900

91 Merion Street

Junction/Onward Willow, Guelph

$579,900

Detached|1 1/2 Storey
3 | 1 | 4
About this home

First time on the market! Unique opportunity for first time buyer or someone to scale down in this 1100 sq ft 1.5 storey gem. The property does need some updates. Main floor primary bedroom. Additional main floor bedroom can be used as a dining room. Upstairs is a 3rd bedroom and sitting area suitable for office. Bright and spacious eat-in kitchen. An unfinished walk-up basement provides many possibilities for an additional living space. Looking for a workshop? This 14 x 21 ft detached garage may be what you are looking for! Home features a beautiful, private back yard perfect for relaxing, gardening or entertaining. Located within short distance to down town, parks, transit, schools and variety of nearby amenities. Come and see this great property for yourself!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,066
Lot Size49.34 ft x 134.73 ft
mls© NumberX13811348
Listed ByCentury 21 Heritage House 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%
$2,968
Property tax
$422
Heat allowance
$150
Housing costs
$3,540 / mo

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

Down payment20% · $115,980
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,440 / mo
Cash down
$115,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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