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Ontario
Guelph (Clairfields/Hanlon Business Park)
173 CLAIR ROAD W

$1,089,900

173 CLAIR ROAD W, Guelph (Clairfields/Hanlon Business Park), Ontario, N1L 0A7

QuickQuote^TM: $1.0M - $1.2M

MLS® # X11982069

3 Beds

4 Baths

1499.9875 - 1999.983 FEETSQ sqft

MULTIMEDIA

Property Information:

Welcome to your dream home! This exquisite 3-bedroom property, with a walk-out basement and a stunning backyard, is nestled in the prestigious south end. It's perfectly located for both convenience and luxury living. Step into the light filled living room, adorned with pristine hardwood floors and expansive windows that frame picturesque backyard vistas. The spacious eat-in kitchen boasts fresh white cabinetry, a glass-tiled backsplash, and ample counter space. Open the doors to your generously sized deck, perfect for BBQs amidst breathtaking views and spectacular sunsets. On the second floor you'll find a versatile loft, offering endless possibilities as a home office, hobby haven, or potential 4th bedroom. The primary bedroom features luxury laminate floors, a double closet, and a 4-piece ensuite. Two large bedrooms share access to a private bathroom. Enjoy convenience of second-floor laundry. The finished basement boasts an expansive rec room with laminate floors and a renovated bathroom with a walk-in glass shower. Large windows, ample pot lighting, and sliding doors ensure the space is bright and inviting while providing access to your large, partially covered stone patio adorned with a charming pergola. The basement could easily be converted to a secondary unit. Unwind in your beautiful backyard, where lush gardens and meticulously manicured landscaping await. Enjoy fresh produce from your cherry tree! This property features a splendid yard, with high elevation views of downtown on clear days. Convenience is at your doorstep with Bishop Macdonell High School and South End Community Park nearby, offering basketball courts, a splash pad, tennis courts, and walking trails. Just down the street, Pergola Commons plaza provides grocery stores, LCBO, a movie theatre, fantastic dining options, shops, and fitness centres. Plus, it's only a 2-minute drive to the Hanlon, providing easy access to the 401. Experience the perfect blend of luxury, convenience, and community. (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Finished
Basement Type: Full
Construction Style - Attachment: Detached
Exterior Finish: Brick, Vinyl siding
Fireplace: Yes
Floor Space: 1499.9875 - 1999.983 sqft
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Water meter, Water softener, Dryer, Microwave, Oven, Hood Fan, Range, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3
Bathrooms: 4
Half Bathrooms: 1
Features: Sump Pump
Floor Space (approx): 1499.9875 - 1999.983 Square Feet
Irregular: Yes
Lot Depth: 146.7 Feet
Lot Frontage: 40.3 Feet
Lot Size: 40.3 x 146.7 FT
Zoning: RL2-2
Sewer: Sanitary sewer
Parking Type: Attached garage, Garage
No. of Parking Spaces: 4

Rooms:

Bedroom 2nd Level 3.91 m x 3.34 m
Bedroom 2nd Level 3.28 m x 3.99 m
Loft 2nd Level 3.72 m x 6.01 m
Primary Bedroom 2nd Level 3.89 m x 5.00 m
Office Basement Level 2.98 m x 3.00 m
Recreation Room Basement Level 5.87 m x 7.08 m
Utility Basement Level 2.34 m x 1.49 m
Dining Main Level 2.37 m x 3.94 m
Kitchen Main Level 2.97 m x 3.93 m
Living Main Level 3.77 m x 5.80 m

Convert Measurement to:

Rating:

Notes:

Andra Arnold

Broker Royal LePage Royal City Realty , Brokerage*

Direct 519.824.9050

My Website

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Potential Investment Performance

Cumulative ROI

78.0%

Cumulative Market Appreciation

$301,119

Net Operating Income in Year 5

$30,006

Cash on Cash Return in Year 5

-7.8%

Assumptions

Market Appreciation Per Year

Rent Increase Per Year

Expense Increase Per Year

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price	$
Down Payment %	$217,980
Mortgage Amount	$871,920
Mortgage Payment %	$4,524

Cash Flow Calculator

monthly

yearly

Income
Gross Rental Income Powered By	$
Vacancy Rate %	$
Other	$
Gross Operating Income	$3,217

Operating Expenses
Management Fees %	$
Property Tax	$
Repair Reserve %	$
Insurance	$
Total Operating Expenses	$1,035
Net Operating Income	$2,182

Debt Service
Mortgage Payment	$4,524

Net Cash Flow	-$2,341

Cap Rate

2.40%

Acquistion Costs

Down Payment $217,980

Land Transfer Tax $18,273

Legal Fees $1,500

Adjustments $0

Appraisal $500

Total Acquisition Costs $238,253

Components of Return

Potential Returns

	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Year 8	Year 9	Year 10
Investments
Down Payment	$217,980	-	-	-	-	-	-	-	-	-
Closing Costs	$20,273	-	-	-	-	-	-	-	-	-
Mortgage Paydown	$13,566	$14,218	$14,901	$15,617	$16,368	$17,155	$17,979	$18,843	$19,749	$20,698
Total	$251,819	$14,218	$14,901	$15,617	$16,368	$17,155	$17,979	$18,843	$19,749	$20,698
Cash Invested	$251,819	$266,037	$280,938	$296,556	$312,925	$330,080	$348,059	$366,903	$386,653	$407,352

Rental Cash Flows
Rent and other income	$38,607	$39,765	$40,958	$42,187	$43,452	$44,756	$46,099	$47,482	$48,906	$50,373
Operating Expenses	-$12,422	-$12,722	-$13,030	-$13,345	-$13,669	-$14,000	-$14,340	-$14,689	-$15,046	-$15,413
Mortgage Payment	-$54,288	-$54,288	-$54,288	-$54,288	-$54,288	-$54,288	-$54,288	-$54,288	-$54,288	-$54,288
Net Cash Flow	-$28,103	-$27,245	-$26,359	-$25,446	-$24,504	-$23,532	-$22,529	-$21,495	-$20,428	-$19,327

Returns
Property Price Appreciation	$54,495	$57,219	$60,080	$63,084	$66,239	$69,550	$73,028	$76,679	$80,513	$84,539
Mortgage Paydown	$13,566	$14,218	$14,901	$15,617	$16,368	$17,155	$17,979	$18,843	$19,749	$20,698
Net Cash Flow	-$28,103	-$27,245	-$26,359	-$25,446	-$24,504	-$23,532	-$22,529	-$21,495	-$20,428	-$19,327
Total Return	$39,957	$44,192	$48,622	$53,255	$58,102	$63,173	$68,478	$74,028	$79,835	$85,910
Cumulative Return	$39,957	$84,150	$132,772	$186,028	$244,131	$307,305	$375,783	$449,811	$529,647	$615,557

Investment Metrics
Cumulative ROI	15.9%	31.6%	47.3%	62.7%	78.0%	93.1%	108.0%	122.6%	137.0%	151.1%
Cash On Cash	-11.2%	-10.2%	-9.4%	-8.6%	-7.8%	-7.1%	-6.5%	-5.9%	-5.3%	-4.7%