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New2 days ago

114 - 308 Watson Parkway N

Grange Road, Guelph

$395,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Home ownership can be so easy and affordable! Step right into this bright, fresh, beautiful and carpet free one bedroom plus den condo in Guelph's east end close to parks, schools, library and more! The open concept lay-out is perfect for entertaining with large living room overlooking the eat-in kitchen with breakfast bar and sliders to a good sized balcony. The principal bedroom has a large window and closet. A spotless 4 piece bathroom, in-suite laundry and a generous den with huge closet complete this condo. One parking spot and a locker are also included. This well-maintained and managed building also offers an elevator and a common room with kitchen.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$354
LockerExclusive
BalconyEnclosed
ExposureEast
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,898
mls© NumberX14033062
Listed ByKeller Williams Home Group Realty
Common Elements Included
Building Insurance Included
Water Included
Parking Included

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%
$2,022
Property tax
$242
Heat allowance
$150
Condo fees, half counted
$177
Housing costs
$2,590 / mo

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

Down payment20% · $79,000
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,662 / mo
Cash down
$79,000

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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