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$799,999

For sale

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317 Grange Road, Guelph (Grange Road) - Single Family for Sale

317 Grange Road, Guelph (Grange Road), Ontario, N1E7B5

4 beds3 baths parking

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Listed by REAL BROKER ONTARIO LTD.

Investment analysis

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$799,999

Guelph

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Description

Welcome to 317 Grange Road, a detached home with room to live and flexibility to earn. The bright upper residence offers three bedrooms, two bathrooms, an open living and dining area, and a walkout to the deck. Large windows bring in plenty of natural light, while the corner lot provides a generous yard with space to enjoy outdoors. Downstairs, the legal one-bedroom apartment has its own entrance, large windows and separate laundry. Live upstairs and rent the lower unit, make space for extended family, or consider the property as an investment. An attached garage and double driveway add everyday convenience, all in an established east Guelph neighbourhood close to parks, schools and amenities. (id:66096)

Property Details

MLS®: X13872394
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 49 × 101 ft (4,969 sq ft)
Frontage: 49 ft
Storeys: 2
Basement: Finished, Apartment in basement, Separate entrance, Walk-up, N/A, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,766/yr
Listed: 30 days ago

Market Timing

Days on market

30d

Guelph (Grange Road) listings, avg age

44d

Price / ft²

$615

List price

$800K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (N1E)

This home lists at $799,999, about 8.3× the local median household income of $96,000.

Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 63% above the area median.

Median household income: $96,000
Population: 44,799
Median age: 38.4
Owner / renter: 74% / 26%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1E)

$799,999· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,999.90

Min 6.87%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,800 capitalized)

Property tax (est.)$397/mo

Total monthly$4,528

Cash Needed to Close

Down payment (6.87%)$55,000

Land transfer tax$12,475

Est. closing costs$4,900

Total cash needed$72,375

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

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317 Grange Road, Guelph (Grange Road) - Single Family for Sale

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Neighbourhood profile (N1E)

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