$539,990

For sale

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#5 108 Cassino Avenue, Guelph (Grange Road) - Single Family for Sale

#5 108 Cassino Avenue, Guelph (Grange Road), Ontario, N1E6J5

beds

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Listed by RE/MAX REAL ESTATE CENTRE INC.

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3 bd2 ba1 pk1,100 ft²+$447/mo

Listed by Century 21 Heritage House Ltd

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$525K

#48 129 Victoria Road North, Guelph (Grange Road), Ontario, N1E6T8

3 bd2 ba1 pk1,100 ft²+$489/mo

Listed by Royal LePage Royal City Realty

#408 415 Grange Road, Guelph (Grange Road), Ontario, N1E0C4

For sale

15 days ago

$360K

#408 415 Grange Road, Guelph (Grange Road), Ontario, N1E0C4

1 bd1 ba1 pk650 ft²+$318/mo

Listed by Royal LePage Royal City Realty

Investment analysis

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$539,990

Guelph

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Description

Welcome to Prima, an intimate collection of condominium townhomes by Gemini Homes, set on a smaller site in a quiet, established area of East Guelph. The to-be-built Iris is an upper rear interior stacked townhome offering 1,302 sq. ft. of living space with three bedrooms and 1.5 bathrooms. The main living level features an open-concept kitchen, living and dining areas, along with a convenient powder room. Upstairs, three bedrooms and a full bathroom provide comfortable separation from the main living space. Stainless steel kitchen appliances are included, along with in-suite laundry and a limited-time complimentary storage locker. Each home will be Energy Star certified and includes central air conditioning. Conveniently located on Cassino Avenue near parks, schools, shopping, recreation and everyday amenities. Anticipated occupancy is late 2027. Sales information is available through Bosley Real Estate Ltd., Brokerage, located at Unit 7, 292 Stone Road West, Guelph. Images and renderings are artist concepts. Construction details and finishes may vary. See sales representative for full details. (id:66096)

Market Timing

Days on market

35d

Guelph (Grange Road) listings, avg age

44d

Price / ft²

$416

List price

$540K

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 $539,990, about 5.6× the local median household income of $96,000.

Carrying it typically needs a household income of about $105,479 (20% down, 25-yr amortization, stress-tested) — roughly 10% 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)

$539,990· $416/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $28,999.00

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,440 capitalized)

Est. property tax$0/mo

Condo fee$208/mo

Total monthly$3,041

Cash Needed to Close

Down payment (5.37%)$28,999

Land transfer tax$7,275

Est. closing costs$4,120

Total cash needed$40,394

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

#5 108 Cassino Avenue, Guelph (Grange Road) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (N1E)

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Full Cost Breakdown