LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$1,249,888

312 COLONIAL DRIVE, Guelph (Pineridge/Westminster Woods), Ontario, N1L 0C8

QuickQuoteTM: $1.1M - $1.3M
MLS® # X12009618

4+1 Beds

4 Baths

FEETSQ sqft

Property Information:

WELCOME TO 312 COLONIAL DR.!!! This Absolutely stunning home in a lovely south end of Guelph with LEGAL ONE BEDROOM APARTMENT. Just steps away from public parks, serene walking trails and close to both Public and catholic schools, Truly the perfect family home. You will be thoroughly blown away by the gorgeous interior and equally impressed with the massive floor plan. It's a Reids Heritage Energy Star build with over 3500 sqft. living space. Main floors contain separate dining and living area with GAS fireplace for those cosy nights, and opens to a large kitchen and breakfast, large pantry, guest washroom. 2nd level offers Large 4 bedrooms and 2 full baths, spacious master with 5pc ensuite and laundry. The fully finished basement has a self contained ACCESSORY APARTMENT (accessed by walk up entrance!) Bright, Open Concept & Well Appointed - this LEGAL SUITE is perfect as a mortgage helper or for extended family! Fully fenced yard with a green landscaping. It is in a district area of great ranking school. Excellent location, close to all amenities. Show with absolute confidence! (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick, Vinyl siding
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning, Air exchanger

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4+1
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Irregular: Yes
  • Lot Frontage: 41.1 Feet
  • Lot Size: 41.14 FT
  • Zoning: R1B
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 4

Rooms:

  • Laundry 2nd Level 1.80 m x 2.41 m
  • Primary Bedroom 2nd Level 4.29 m x 4.93 m
  • Bedroom 2nd Level 3.66 m x 3.12 m
  • Bedroom 2nd Level 3.66 m x 4.19 m
  • Bedroom 2nd Level 3.66 m x 3.86 m
  • Recreation Room Basement Level 6.60 m x 4.11 m
  • Bedroom Basement Level 3.35 m x 3.56 m
  • Kitchen Basement Level 4.29 m x 3.84 m
  • Utility Basement Level 5.46 m x 3.91 m
  • Living Main Level 4.17 m x 8.00 m
  • Kitchen Main Level 6.81 m x 6.32 m
  • Dining Main Level 4.39 m x 3.05 m
  • Foyer Main Level 4.62 m x 2.77 m

Convert Measurement to:


Courtesy of: Keller Williams Home Group Realty

REALTOR.ca  

More Detail
Less Detail

Potential Investment Performance

Cumulative ROI

77.8%

Cumulative Market Appreciation

$345,321

Net Operating Income in Year 5

$34,239

Cash on Cash Return in Year 5

-7.9%

Assumptions

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
%
$249,978
Mortgage Amount $999,910
Mortgage Payment
%
$5,188

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $3,649
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Total Operating Expenses $1,159
Net Operating Income $2,490
Debt Service
Mortgage Payment $5,188
Net Cash Flow -$2,697

Cap Rate

2.39%

Acquistion Costs

Down Payment $249,978
Land Transfer Tax $21,472
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $273,450

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $249,978 - - - - - - - - -
Closing Costs $23,472 - - - - - - - - -
Mortgage Paydown $15,557$16,305$17,088$17,910$18,771$19,673$20,618$21,609$22,648$23,737
Total $289,007$16,305$17,088$17,910$18,771$19,673$20,618$21,609$22,648$23,737
Cash Invested $289,007$305,312$322,401$340,312$359,083$378,756$399,375$420,985$443,634$467,371
Rental Cash Flows
Rent and other income $43,798$45,112$46,465$47,859$49,295$50,774$52,297$53,866$55,482$57,147
Operating Expenses -$13,909-$14,246-$14,592-$14,946-$15,309-$15,681-$16,063-$16,454-$16,855-$17,267
Mortgage Payment -$62,257-$62,257-$62,257-$62,257-$62,257-$62,257-$62,257-$62,257-$62,257-$62,257
Net Cash Flow -$32,368-$31,391-$30,383-$29,343-$28,271-$27,164-$26,022-$24,845-$23,630-$22,377
Returns
Property Price Appreciation $62,494$65,619$68,900$72,345$75,962$79,760$83,748$87,935$92,332$96,949
Mortgage Paydown $15,557$16,305$17,088$17,910$18,771$19,673$20,618$21,609$22,648$23,737
Net Cash Flow -$32,368-$31,391-$30,383-$29,343-$28,271-$27,164-$26,022-$24,845-$23,630-$22,377
Total Return $45,683$50,532$55,605$60,911$66,462$72,269$78,344$84,700$91,350$98,308
Cumulative Return $45,683$96,215$151,821$212,732$279,195$351,464$429,809$514,509$605,860$704,169
Investment Metrics
Cumulative ROI 15.8% 31.5% 47.1% 62.5% 77.8% 92.8% 107.6% 122.2% 136.6% 150.7%
Cash On Cash -11.2% -10.3% -9.4% -8.6% -7.9% -7.2% -6.5% -5.9% -5.3% -4.8%
QuickQuoteTM Powered by RPS
Approximate value for 4+1 bed, 4 bath house in this area is:
List Price
below Estimate List Price
above Estimate
List Price
QuickQuoteTM provides an estimated range of a property's current value and is based on recent historical data and neighbourhood sales. QuickQuoteTM may vary from the list price as a result of market dynamics, or if the property has changed substantially since its last sale. Click below to connect with an expert. By using QuickQuoteTM you acknowledge that you have read and agree to the Terms of Use and the Privacy Policy.

Market Price Trends

Condominium

-3.81%

Price change (1 year)

30.14%

Price change (5 years)

All Properties

5.86%

Price change (1 year)

47.92%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 312 COLONIAL DRIVE, Guelph (Pineridge/Westminster Woods), Ontario, N1L 0C8

Demographic Information of 312 COLONIAL DRIVE, Guelph (Pineridge/Westminster Woods), Ontario, N1L 0C8

Life Stage

Young Families

Employment Type

Mixed

Average Household Income

$153,326.20

Average Number of Children

1.89

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.07 %

High school certificate or equivalent

25.36 %

Apprenticeship trade certificate/diploma

2.87 %

College/non-university certificate

20.24 %

University certificate (below bachelor)

1.79 %

University Degree

36.67 %

Commuter

Travel To Work

By Car

95.13 %

By Public Transit

1.96 %

By Walking

1.05 %

By Bicycle

0.0 %

By Other Methods

1.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.07 %

Houses

75.93 %

Own Vs. Rent

More Detail
Less Detail