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Featured
New1 day ago

411 - 415 Grange Road

Grange Road, Guelph

$410,000

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

Unobstructed South-East View! This bright and spacious 1-bedroom + den, 1-bathroom condo offers abundant natural light throughout the day. Freshly painted and move-in ready, it features an open-concept living and dining area with laminate flooring throughout. Enjoy the convenience of ensuite laundry, one parking space, and a storage locker. Step out onto your private south-east-facing balcony to enjoy your own outdoor retreat. Low-maintenance condo living in a desirable Guelph neighbourhood, conveniently located close to schools, parks, public transit, shopping, and everyday amenities. Hadati Creek Wetlands for nature lovers and the Laura Baily Memorial Trail. Community Park for variety of outdoor recreation, including walking trails, sports fields, splash pad, playground, pump track, and disc golf. An excellent opportunity for first-time buyers, downsizers, or investors!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$375
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$3,049
mls© NumberX14080330
Listed ByROYAL LEPAGE SIGNATURE 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%
$2,099
Property tax
$254
Heat allowance
$150
Condo fees, half counted
$187
Housing costs
$2,690 / mo

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

Down payment20% · $82,000
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,725 / mo
Cash down
$82,000

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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