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New13 hours ago

20 Tolton Drive

Pineridge/Westminster Woods, Guelph

$1,399,000

Detached|2-Storey
4 | 4 | 4
About this home

Exceptional Living with Income Potential in Guelph's Desirable Westminster Woods! Welcome to 20 Tolton Drive, a Beautifully Appointed Home Built by Award-Winning Reid's Heritage Homes, Featuring a Separate Two-Bedroom Coach House Currently Generating $2,050/Month in Rental Income, Complete with Its Own Address, Hydro and Gas Line. An Attractive Brick, Stone and Vinyl Exterior and Spacious Enclosed Front Porch Create a Warm Welcome and the Perfect Setting for Morning Coffee. Inside, Beautiful Hardwood Floors, 9-Foot Main-Floor Ceilings, California Shutters and Oversized Windows Bring Warmth and Natural Light Throughout. Designed for Everyday Living and Effortless Entertaining, the Spacious Kitchen Features Abundant Cabinetry, Stainless Steel Appliances, Granite Countertops, a Backsplash and Centre Island. Gather in the Inviting Family Room Around a Gas Fireplace Framed by a Custom Wood Surround. The Generous Primary Retreat Offers a Walk-In Closet and Spacious 5-Piece Ensuite. Outside, a Low-Maintenance Interlock Patio Provides an Ideal Space for Summer Dining and Relaxation. Four-Car Parking Includes Two Separate Garages, One for the Main Residence and One for the Coach House. Exceptionally Large Basement Windows and a Bathroom Rough-In Offer Exciting Potential for Future Finishing. Enjoy the Convenience of Guelph's Sought-After South End, with Nearby Westminster Woods Public School, Parks, Trails, Westminster Square Library, Restaurants and Shopping, Including Zehrs, Food Basics and Longo's. Convenient Access to Highway 401 Adds Commuter Appeal. A Standout Opportunity to Enjoy a Beautiful Home with the Added Benefit of an Established Rental Income Stream!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$9,941
Lot Size42.06 ft x 121.59 ft
mls© NumberX14100222
Listed ByRE/MAX HALLMARK REALTY LTD.

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%
$7,161
Property tax
$828
Heat allowance
$150
Housing costs
$8,139 / mo

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

Down payment20% · $279,800
25-yr amortization

Income needed

$250,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

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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