491 Elmira Road N, Guelph

$688,888
491 Elmira Road N

$688,888

New
26d
DetachedBacksplit 3

491 Elmira Road N, Guelph

Total Monthly Obligation $3,537

Beds
5
Baths
1
Park
4
Sqft
700-1100
DOM
26d
Score
18
Yield
4.4%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X13835926
Beds-5
Bathrooms-1
Size-700-1100 sqft
Lot Size-100 × 185 ft
Listed on site-Sep 27, 2026
Style-Backsplit 3
Building Type-Detached
Age-51-99
Taxes-$4,598 (2026)
Parking-6 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Outdoor
Facing-West
Exterior-Brick Front, Wood
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Septic
Possession-60-90 Days
Neighbourhood-Willow West/Sugarbush/West Acres
Title-Residential Freehold

No agent assigned

Exceptional opportunity on this Residential home with a large lot zoned Industrial B! This unique property combines an existing detached dwelling with the flexibility and potential of industrial zoning. The existing building may lend itself well to office, professional or other permitted commercial uses, making this an intriguing option for business owners, investors or owner/users. The generous lot offers plenty of space and exciting possibilities for those looking to establish or expand their business presence. A rare opportunity to acquire a property offering an existing building, substantial lot size and versatile zoning.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$551,110
Land Transfer Taxes$10,253
Legal Fees (Est.)
$
Total cash required for closing$149,531

Total Monthly Obligation

$3,537/mo
Mortgage $2,779
Monthly Loss $2,806
Principal$731
Interest$2,048
Property Tax$383
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,264/yr
NOI
$18,140/yr
Net Cash Flow
-$1,267/mo
Cash Margin
-50.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 491 Elmira Road N

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.