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Listed 11 days ago

122 Moss Place

Kortright West, Guelph

$888,800

Detached|2-Storey
3 | 3 | 3
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,158
Lot Size28.6 ft x 130.56 ft
mls© NumberX13883814
Listed ByRE/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.

Down payment20% · $177,760
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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