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Grange Road, Guelph
$799,999
Welcome to 27 Palermo Crescent, a cozy red brick bungalow in Guelph's desirable Grange Road neighbourhood. Offering 3 bedrooms and 2 bathrooms, this inviting home features a functional layout with plenty of space for comfortable living. The bright main-floor living room showcases large windows, pot lights and hardwood flooring, while the eat-in kitchen offers a double sink and ample storage. Three hardwood-floored bedrooms share a convenient 4-piece bathroom. The finished basement adds excellent versatility with a spacious recreation room, 3-piece bathroom, laundry room, wet bar and additional living room, creating an ideal space for extended family, guests or flexible living arrangements, with potential for a secondary dwelling unit, subject to approvals. Outside, the fully fenced backyard offers ample room for outdoor living and entertaining. With parking for three vehicles and a convenient location close to schools, parks and everyday amenities, this home is an excellent opportunity for first-time buyers, multi-generational families or investors.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,654 |
| Lot Size | 52.7 ft x 97.68 ft |
| mls© Number | X13866484 |
| Listed By | Royal LePage Royal City Realty |
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%
- $4,095
- Property tax
- $388
- Heat allowance
- $150
- Housing costs
- $4,633 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$143,000
gross annual household income
- Payment at 4%
- $3,367 / mo
- Cash down
- $160,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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