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New1 day ago

11 Neeve Street

Downtown, Guelph

$787,900

Detached|2 1/2 Storey
3 | 2 | 1
About this home

Renovated 5-bdrm, 2-bathroom home offering approx. 1632sqft of above-grade living, the perfect blend of historic charm & modern updates! Whether you're looking for a spacious family home or excellent income property, this versatile home checks all the boxes. When fully rented it can generate approx. $1,000 in mthly cash flow! Ideally situated mins from vibrant Downtown Guelph, transit, UofG, parks & trails, this is a location that's hard to beat! Charming red brick exterior & enclosed front porch set the tone for this character-filled home. Step inside to foyer that welcomes you into a beautiful living room W/gorgeous flooring, elegant fireplace framed by custom B/I shelving & large windows. Flowing seamlessly into the dining room, you'll find a wonderful setting for family dinners & entertaining W/soaring baseboards & timeless architectural details. Renovated kitchen W/white full-height cabinetry, quartz counters, S/S appliances, subway tile backsplash & centre island offering prep space & seating. Upstairs are 3 large bdrms each W/original hardwood & large windows. Renovated 4pc bath W/dbl vanity & shower/tub. Continue up to the versatile 3rd-floor loft, a fantastic bonus space W/lots of room to make it your own. Whether you envision an office, studio or hobby room the possibilities are endless! Finished bsmt adds more flexibility W/2 add'l bdrms, 4pc bath & sep W/O entrance. Layout is ideal for large families, guests or those looking to explore potential for in-law suite. Outside the private courtyard-style yard offers an outdoor escape surrounded by mature trees. Enjoy BBQs, dining or relaxing in the peaceful setting. There is a shed for all your storing needs. Steps from Downtown's restaurants, shops & amenities. Spend wknds walking the Speed River trails or enjoying green spaces throughout the neighbourhood. Historic charm, stylish renos, versatile living & great location, this is an opportunity that can't be missed

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$5,694
Lot Size32.5 ft x 57.5 ft
mls© NumberX14095294
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%
$4,033
Property tax
$474
Heat allowance
$150
Housing costs
$4,657 / mo

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

Down payment20% · $157,580
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,316 / mo
Cash down
$157,580

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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