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Kortright West, Guelph
$888,800
Step into this beautifully updated south-end residence at 122 Moss Place, perfectly tailored for a young family or investors seeking a high-yield potential income property near the University. As you enter the home, you'll be captivated by the welcoming main floor, flooded with natural light and featuring brand new flooring and a fresh coat of paint throughout the perfectly-sized living room, dining room, and bright kitchen. Upstairs, you'll be pleasantly surprised by lovely, spacious bedrooms and a generous recently updated bathroom. A major highlight is the brand new, professionally finished one-bedroom basement apartment featuring a private walk-out entrance that offers fantastic flexibility and income potential. Fully fenced extra-deep backyard serves as a private, nature-lover's delight. Extended Driveway with poured concretre walkway to the walk out basement. Enjoy unbeatable convenience with local schools, shopping, parks, and scenic trails all within easy walking distance.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,158 |
| Lot Size | 28.6 ft x 130.56 ft |
| mls© Number | X13883814 |
| Listed By | RE/MAX REAL ESTATE CENTRE INC. |
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%
- $4,549
- Property tax
- $430
- Heat allowance
- $150
- Housing costs
- $5,129 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,740 / mo
- Cash down
- $177,760
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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