38 CALLANDER Drive, Guelph

$849,900
38 CALLANDER Drive

$849,900

New
21d
DetachedBungalow

38 CALLANDER Drive, Guelph

Total Monthly Obligation $4,298

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
21d
Score
19
Yield
5.0%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-X13856392
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-80 × 119 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,932.8 (2026)
Parking-3 - Attached
Basement-Finished, Full, Separate Entrance, Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX Real Estate Centre Inc
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-St. George's
Title-Residential Freehold

No agent assigned

2+2 bdrm brick bungalow with W/O bsmt on treed 80 X 119ft lot in highly sought after neighbourhood! Home welcomes you W/established trees, covered porch & 1-car garage. Home exudes warmth & elegance when you enter W/solid plaster construction, crown moulding, valance lighting & hardwood floors adding to its enduring character. Bay window creates bright living room filled W/natural light & treed views. Abundance of southwest-facing glass across both levels draws in natural light while mature pines & red maple offers shade from harsh direct sunlight. Dining area W/bay window creates perfect setting for family dinners. Kitchen offers lots of counter & cabinetry space incl. pantry cupboards & B/I wine rack. 2 windows keep space bright while B/I workspace offers a spot to organize recipes. Primary bdrm opens to balcony overlooking backyard. 2nd bdrm & 5pc bath W/dbl sink & shower/tub complete main floor. Full W/O bsmt creates a welcoming space that feels like a natural extension of the homes main level. Layout nearly mirrors main level W/rec room, fireplace & access to back deck. 2 bdrms, 4pc bath & bonus room for office or hobby space. Layout is ideal for growing families, empty nesters or those looking to create space for extended family or multi-gen living. Bsmt heating & cooling ductwork is set up to offer consistent temps & warm floors throughout. Excavated beneath the garage, large workshop/storage & sep ent offers spot for projects & hobbies. New high-efficiency furnace & bsmt electric fireplace Jan 2026. 30yr roof 2011. Backyard offers planting beds & large lawn. Newer deck 2019 offers wooden pergola & creates ideal setting for BBQs & relaxing. Concrete steps & walkway offer access to lower level while the yard offers tons of room to garden, play & enjoy nature. Short walk to groceries, dining, fitness & more. Schools & parks within walking distance while nearby Victoria Rec Centre offers swimming & skating. Easy access to downtown restaurants, shops & GO Station

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

Closing Costs

Mortgage Amount
$679,920
Land Transfer Taxes$13,473
Legal Fees (Est.)
$
Total cash required for closing$184,953

Total Monthly Obligation

$4,298/mo
Mortgage $3,428
Monthly Loss $3,396
Principal$902
Interest$2,526
Property Tax$494
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$42,696/yr
NOI
$27,994/yr
Net Cash Flow
-$1,095/mo
Cash Margin
-30.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.9/ 100

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

Comparables

Properties near 38 CALLANDER Drive

Time

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