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Ontario
Guelph (Willow West/Sugarbush/West Acres)
190 DEERPATH DRIVE

$1,089,000

190 DEERPATH DRIVE, Guelph (Willow West/Sugarbush/West Acres), Ontario, N1K 1W6

QuickQuote^TM: $929K - $1.1M

MLS® # X11988652

3+2 Beds

3 Baths

1999.983 - 2499.9795 FEETSQ sqft

MULTIMEDIA

Property Information:

Are you searching for a larger-than-typical bungalow with luxurious high-end finishes? - if so your search could be over! This impressive 2050 sqft home, with 5 bedrooms and 3 bathrooms, features a beautifully finished main floor, boasting a custom-designed kitchen with high-end countertops, appliances, and cabinets. On this main level, you will find 3 bedrooms including the Primary with its luxury ensuite bathroom, plus a great open-concept dining and living area with a cozy gas fireplace and sliders to an enormous deck and a fully fenced backyard. Downstairs is a whole lot more living space, with 2 bedrooms and a full bathroom, plus a family room and 2nd fireplace. Notables are the oversized 2-car garage, owned new hot water heater, and fully paid-for 20-year solar panel system, installed in 2018, which brings in a welcome monthly income. The entrance to the basement has its own private access and would lend itself to in-law suite use if required. (id:27)

Building Features:

Style: Detached
Building Type: House
Amenities:
Architectural Style: Bungalow
Basement Development: Finished
Basement Type: Full
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Fireplace: Yes
Floor Space: 1999.983 - 2499.9795 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning, Air exchanger
Appliances: Garage door opener remote, Water purifier, Water softener, Water meter, Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3+2
Bathrooms: 3
Features: Flat site, Sump Pump
Fence Type: Fenced yard
Floor Space (approx): 1999.983 - 2499.9795 Square Feet
Irregular: Yes
Landscape Features: Landscaped
Lot Depth: 166.0 Feet
Lot Frontage: 43.0 Feet
Lot Size: 43 x 166 FT
Structure Type: Deck, Porch, Shed
Utility Type: Sewer - Installed, Cable - Available
Zoning: R1C2
Sewer: Sanitary sewer
Parking Type: Attached garage, Garage
No. of Parking Spaces: 4

Rooms:

4th Bedroom Basement Level 4.33 m x 3.58 m
5th Bedroom Basement Level 8.97 m x 7.21 m
Bathroom Basement Level 3.94 m x 1.52 m
Other Basement Level 4.57 m x 9.19 m
Family Basement Level 4.71 m x 13.66 m
Kitchen Main Level 5.48 m x 4.02 m
Dining Main Level 6.59 m x 3.26 m
Living Main Level 5.25 m x 4.83 m
Laundry Main Level 3.23 m x 3.32 m
Primary Bedroom Main Level 3.55 m x 6.60 m
2nd Bedroom Main Level 3.11 m x 5.45 m
3rd Bedroom Main Level 3.64 m x 3.97 m
Bathroom Main Level 3.09 m x 2.72 m
Bathroom Main Level 2.50 m x 3.05 m

Convert Measurement to:

Courtesy of: Red Brick Real Estate Brokerage Ltd.

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Potential Investment Performance

Cumulative ROI

82.4%

Cumulative Market Appreciation

$300,870

Net Operating Income in Year 5

$32,877

Cash on Cash Return in Year 5

-6.9%

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 %	$217,800
Mortgage Amount	$871,200
Mortgage Payment %	$4,520

Cash Flow Calculator

monthly

yearly

Income
Gross Rental Income Powered By	$
Vacancy Rate %	$
Other	$
Gross Operating Income	$3,460

Operating Expenses
Management Fees %	$
Property Tax	$
Repair Reserve %	$
Insurance	$
Total Operating Expenses	$1,066
Net Operating Income	$2,393

Debt Service
Mortgage Payment	$4,520

Net Cash Flow	-$2,126

Cap Rate

2.64%

Acquistion Costs

Down Payment $217,800

Land Transfer Tax $18,255

Legal Fees $1,500

Adjustments $0

Appraisal $500

Total Acquisition Costs $238,055

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	$217,800	-	-	-	-	-	-	-	-	-
Closing Costs	$20,255	-	-	-	-	-	-	-	-	-
Mortgage Paydown	$13,554	$14,206	$14,889	$15,604	$16,354	$17,140	$17,964	$18,828	$19,733	$20,681
Total	$251,609	$14,206	$14,889	$15,604	$16,354	$17,140	$17,964	$18,828	$19,733	$20,681
Cash Invested	$251,609	$265,816	$280,705	$296,310	$312,665	$329,806	$347,771	$366,599	$386,332	$407,014

Rental Cash Flows
Rent and other income	$41,522	$42,768	$44,051	$45,372	$46,733	$48,135	$49,579	$51,067	$52,599	$54,177
Operating Expenses	-$12,800	-$13,112	-$13,432	-$13,759	-$14,095	-$14,440	-$14,793	-$15,155	-$15,527	-$15,908
Mortgage Payment	-$54,243	-$54,243	-$54,243	-$54,243	-$54,243	-$54,243	-$54,243	-$54,243	-$54,243	-$54,243
Net Cash Flow	-$25,521	-$24,587	-$23,624	-$22,630	-$21,605	-$20,547	-$19,457	-$18,332	-$17,171	-$15,974

Returns
Property Price Appreciation	$54,450	$57,172	$60,031	$63,032	$66,184	$69,493	$72,968	$76,616	$80,447	$84,469
Mortgage Paydown	$13,554	$14,206	$14,889	$15,604	$16,354	$17,140	$17,964	$18,828	$19,733	$20,681
Net Cash Flow	-$25,521	-$24,587	-$23,624	-$22,630	-$21,605	-$20,547	-$19,457	-$18,332	-$17,171	-$15,974
Total Return	$42,482	$46,791	$51,295	$56,006	$60,933	$66,086	$71,475	$77,112	$83,009	$89,176
Cumulative Return	$42,482	$89,274	$140,569	$196,576	$257,510	$323,597	$395,073	$472,186	$555,195	$644,372

Investment Metrics
Cumulative ROI	16.9%	33.6%	50.1%	66.3%	82.4%	98.1%	113.6%	128.8%	143.7%	158.3%
Cash On Cash	-10.1%	-9.2%	-8.4%	-7.6%	-6.9%	-6.2%	-5.6%	-5.0%	-4.4%	-3.9%