LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$629,000

C305 - 65 BAYBERRY DRIVE, Guelph (Village By The Arboretum), Ontario, N1G 5K8

QuickQuoteTM: $533K - $715K
MLS® # X11822657

1 Beds

2 Baths

999.992 - 1198.9898 FEETSQ sqft

Property Information:

This stunning one bedroom with a den condo boasts top of the line finishes including two beautiful bathrooms, hardwood and ceramic floors, upgraded kitchen cabinets, granite countertops with a large island for extra workspace and storage and stainless-steel appliances. The huge open concept living room/ dining area features trayed ceilings with crown moldings, an electric fireplace with matching storage cabinets on either side and opens to a large south facing balcony. The large primary bedroom features an upgraded ensuite with tiled floor and shower with glass doors and a vanity with a granite countertop. With plenty of storage, a den and in-suite laundry, this unit has it all. The unit also comes with one underground parking space and owned storage locker. Expand your social life with the 28,000 sq. ft. ?Village Recreation Centre?. Endless opportunities including an indoor swimming pool, billiard room, library, exercise room, party rooms, putting green, a large banquet auditorium and much more. This condo is perfect for anyone looking for a relaxing, easy lifestyle. (id:27)

Building Features:

  • Style: Apartment
  • Building Type: Apartment
  • Amenities: Recreation Centre, Exercise Centre, Party Room, Storage - Locker
  • Exterior Finish: Concrete
  • Fire Protection: Controlled entry, Alarm system, Smoke Detectors
  • Fireplace: Yes
  • Floor Space: 999.992 - 1198.9898 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning, Ventilation system
  • Appliances: Water meter, Dishwasher, Dryer, Garage door opener, Microwave, Stove, Washer, Window Coverings, Refrigerator

Property Features:

  • OwnershipType: Condominium/Strata
  • Property Type: Single Family
  • Bedrooms: 1
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Community Features: Pet Restrictions
  • Condo Fees: $1,482 Monthly
  • Features: Flat site, Lighting, Balcony, Paved yard
  • Floor Space (approx): 999.992 - 1198.9898 Square Feet
  • Landscape Features: Lawn sprinkler
  • MaintenanceFee Type: Insurance, Common Area Maintenance, Water
  • Pool Type: Indoor pool
  • Utility Type: Cable - Installed, Wireless - Available
  • Zoning: RR.2
  • Parking Type: Underground, Garage
  • No. of Parking Spaces: 1

Rooms:

  • Living Main Level 4.95 m x 9.37 m
  • Kitchen Main Level 3.35 m x 3.83 m
  • Primary Bedroom Main Level 3.50 m x 3.96 m
  • Den Main Level 3.50 m x 2.43 m

Convert Measurement to:


Courtesy of: Chestnut Park Realty (Southwestern Ontario) Ltd

REALTOR.ca  

More Detail
Less Detail

Potential Investment Performance

Cumulative ROI

42.5%

Cumulative Market Appreciation

$173,781

Net Operating Income in Year 5

$4,025

Cash on Cash Return in Year 5

-15.2%

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
%
$125,800
Mortgage Amount $503,200
Mortgage Payment
%
$2,610

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,246
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $2,025
Net Operating Income $220
Debt Service
Mortgage Payment $2,610
Net Cash Flow -$2,390

Cap Rate

0.42%

Acquistion Costs

Down Payment $125,800
Land Transfer Tax $9,055
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $136,855

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $125,800 - - - - - - - - -
Closing Costs $11,055 - - - - - - - - -
Mortgage Paydown $7,829$8,205$8,599$9,013$9,446$9,900$10,376$10,875$11,397$11,945
Total $144,684$8,205$8,599$9,013$9,446$9,900$10,376$10,875$11,397$11,945
Cash Invested $144,684$152,889$161,489$170,502$179,949$189,850$200,226$211,101$222,499$234,445
Rental Cash Flows
Rent and other income $26,956$27,765$28,598$29,456$30,340$31,250$32,187$33,153$34,147$35,172
Operating Expenses -$24,310-$24,824-$25,349-$25,886-$26,434-$26,994-$27,566-$28,151-$28,748-$29,358
Mortgage Payment -$31,330-$31,330-$31,330-$31,330-$31,330-$31,330-$31,330-$31,330-$31,330-$31,330
Net Cash Flow -$28,684-$28,390-$28,082-$27,760-$27,425-$27,074-$26,709-$26,328-$25,930-$25,516
Returns
Property Price Appreciation $31,450$33,022$34,673$36,407$38,227$40,139$42,146$44,253$46,465$48,789
Mortgage Paydown $7,829$8,205$8,599$9,013$9,446$9,900$10,376$10,875$11,397$11,945
Net Cash Flow -$28,684-$28,390-$28,082-$27,760-$27,425-$27,074-$26,709-$26,328-$25,930-$25,516
Total Return $10,594$12,838$15,191$17,659$20,249$22,964$25,812$28,800$31,932$35,218
Cumulative Return $10,594$23,432$38,623$56,283$76,532$99,497$125,310$154,110$186,043$221,261
Investment Metrics
Cumulative ROI 7.3% 15.3% 23.9% 33.0% 42.5% 52.4% 62.6% 73.0% 83.6% 94.4%
Cash On Cash -19.8% -18.6% -17.4% -16.3% -15.2% -14.3% -13.3% -12.5% -11.7% -10.9%
QuickQuoteTM Powered by RPS
Approximate value for 1 bed, 2 bath condo 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 C305 - 65 BAYBERRY DRIVE, Guelph (Village By The Arboretum), Ontario, N1G 5K8

Demographic Information of C305 - 65 BAYBERRY DRIVE, Guelph (Village By The Arboretum), Ontario, N1G 5K8

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$150,972.38

Average Number of Children

1.20

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.81 %

High school certificate or equivalent

19.83 %

Apprenticeship trade certificate/diploma

3.0 %

College/non-university certificate

23.52 %

University certificate (below bachelor)

5.0 %

University Degree

39.84 %

Commuter

Travel To Work

By Car

91.43 %

By Public Transit

4.06 %

By Walking

2.62 %

By Bicycle

0.58 %

By Other Methods

1.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.47 %

Houses

79.53 %

Own Vs. Rent

More Detail
Less Detail