$650,000

$695,000For salePrice drop↓ $45,000 (6%)

92 Hadati Road, Guelph (Grange Road) - Single Family for Sale

92 Hadati Road, Guelph (Grange Road), Ontario, N1E6H2

4 beds2 baths3 parking900 ft²43 × 120 ft (5,100 sq ft) lot sizeListed 27 days ago

Overview

This 4-bedroom, 2-bathroom home in Guelph is for sale offering roughly 900 sq ft of space. Listed at $650,000, it is attractively priced about 18% below the $789,900 median asking price in Guelph. It has been on the market 27 days, fresher than the Guelph average of 44 days.

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Description

What if your home could help pay for itself? Welcome to 92 Hadati Road, a detached bungalow offering three bedrooms on the main level plus a legal one-bedroom basement apartment. Live upstairs and take advantage of the apartment's income potential to help offset your monthly expenses, accommodate extended family, or explore the possibilities as an investor. Previously rented for a combined $4,150 per month, this property offers excellent flexibility and income potential. The home also presents an opportunity for its next owner to add their personal touches and build value over time. Situated in an established Guelph neighbourhood, you'll enjoy convenient access to the Victoria Road Recreation Centre, Peter Misersky Park, walking trails, schools, public transit, and everyday amenities. A fantastic opportunity to enter the detached housing market with the added benefit of a legal secondary suite! (id:66096)

Property Details

MLS®: X13884918
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 43 × 120 ft (5,100 sq ft)
Frontage: 43 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport, No Garage
Ownership: Freehold
Property Tax: $4,487/yr

Features

Foundation: Poured Concrete
Exterior: Brick, Aluminum siding
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Guelph (Grange Road) listings, avg age

44d

Price / ft²

$722

List price

$650K

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.

Haho

This 4-bed single family in Guelph (Grange Road) has been listed for 27 days, which is 17 days fresher than the city average of 44. Act while there is still low competition.

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Listed by RE/MAX Icon Realty · JOSELINE NICHOLAS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1E)

This home lists at $650,000, about 6.8× the local median household income of $96,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 32% 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)

$650,000· $722/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $40,000

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$374/mo

Total monthly$3,756

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$9,475

Est. closing costs$4,450

Total cash needed$53,925

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