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Grange Road, Guelph
$650,000
What if your home could help pay for itself? Welcome to 92 Hadati Road, a detached bungalow offering three bedrooms on the main level plus a legal one-bedroom basement apartment. Live upstairs and take advantage of the apartment's income potential to help offset your monthly expenses, accommodate extended family, or explore the possibilities as an investor. Previously rented for a combined $4,150 per month, this property offers excellent flexibility and income potential. The home also presents an opportunity for its next owner to add their personal touches and build value over time. Situated in an established Guelph neighbourhood, you'll enjoy convenient access to the Victoria Road Recreation Centre, Peter Misersky Park, walking trails, schools, public transit, and everyday amenities. A fantastic opportunity to enter the detached housing market with the added benefit of a legal secondary suite!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,487 |
| Lot Size | 42.5 ft x 120 ft |
| mls© Number | X13884918 |
| Listed By | RE/MAX Icon 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%
- $3,327
- Property tax
- $374
- Heat allowance
- $150
- Housing costs
- $3,851 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$118,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $130,000
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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