$645,990

For sale

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#40 108 Cassino Avenue, Guelph (Grange Road) - Single Family for Sale

#40 108 Cassino Avenue, Guelph (Grange Road), Ontario, N1E6J5

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Listed by Royal LePage Royal City Realty

Investment analysis

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$645,990

Guelph

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Description

Welcome to Prima, a new collection of condominium townhomes by Gemini Homes in East Guelph. The Lilac is a 1,490 sq. ft. end-unit design with three bedrooms, an office/loft and 2.5 bathrooms. The main floor features an open kitchen with a breakfast bar and a walk-in pantry, living and dining areas, a powder room and access to the attached garage. Upstairs, the primary bedroom includes a private ensuite, along with two additional bedrooms, a full bathroom, laundry and a flexible loft. A full unfinished basement provides future potential, while the rear patio adds outdoor living space. Located on Cassino Avenue near parks, schools, shopping, recreation and everyday amenities. Includes a five-piece appliance voucher. Images and renderings are artist concepts. Construction details and finishes may vary. See sales representative for full details. (id:66096)

Property Details

MLS®: X13806326
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,500 ft²
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $240/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Listed: 46 days ago

Rooms

Main level

Kitchen: 3.66 x 2.69 meters
Dining room: 2.85 x 2.69 meters
Living room: 3.84 x 2.74 meters

Second level

Primary Bedroom: 4.72 x 2.9 meters
Bedroom 2: 3.35 x 2.67 meters
Bedroom 3: 3.76 x 2.9 meters
Loft: 3.71 x 2.67 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

46d

Guelph (Grange Road) listings, avg age

44d

Price / ft²

$431

List price

$646K

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 $645,990, about 6.7× the local median household income of $96,000.

Carrying it typically needs a household income of about $126,184 (20% down, 25-yr amortization, stress-tested) — roughly 31% 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)

$645,990· $431/ft²

For sale

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Full Cost Breakdown

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Down Payment6.13% · $39,599

Min 6.13%50%

Mortgage payment$3,362/mo

↳ CMHC premium ($24,256 capitalized)

Est. property tax$0/mo

Condo fee$240/mo

Total monthly$3,602

Cash Needed to Close

Down payment (6.13%)$39,599

Land transfer tax$9,395

Est. closing costs$4,438

Total cash needed$53,432

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

#40 108 Cassino Avenue, Guelph (Grange Road) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N1E)

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