208 Silvercreek Parkway N 104, Guelph

$300,000
208 Silvercreek Parkway N 104

$300,000

New
21d
Condo Apartment1 Storey/Apt

208 Silvercreek Parkway N 104, Guelph

Total Monthly Obligation $2,264

Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
21d
Score
23
Yield
8.7%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.3%
Property Type-Condo Apartment
MLS® Number-X13857550
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$1,608.17 (2026)
Maintenance-$720/mo
Locker-None
Parking-1 - Attached
Basement-None
Heating-Forced Air (Electric)
Brokerage-LifeStyle International Realty Inc
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Concrete Block
Foundation-Concrete Block
Possession-Immediate possession is preferred
Neighbourhood-Junction/Onward Willow
Title-Residential Condo & Other

No agent assigned

This updated, one bedroom unit provides a rare opportunity to own one of only two one bedroom units in the entire building. This unit has almost 900 square feet of finished living space; featuring a beautifully updated kitchen, complete with new cabinetry, stainless steel appliances, as well as new backsplash, countertops and tile. This unit has a spacious living room with plenty of natural light coming through the many windows with California shutters, and double doors to your Juliet balcony. The bedroom features a large walk-in closet, and a large 4-piece washroom. There is added storage space in the foyer closet, as well as the utility room, which features your own in-suite laundry. From the kitchen, to the updated flooring throughout, this unit is sure to impress! Ideally located on the main floor of a quiet, incredibly friendly, not for profit, non-denominational, senior lifestyle community building. This is a wonderful space for entertaining all your family and guests, and when you require additional space for large gatherings you can use the common room, and for overnight or out of town guests, for a small fee you can rent the guest suite. You also have 24/7 access to the gym, library, and a fully stocked workshop for all your mending and tinkering needs. LSRC's intent is to provide quality, reasonably priced senior lifestyle living for those living in Guelph. We aim to foster an atmosphere of positivity, and community for the benefit of all its residents. Lutheridge is a non-smoking building. This property is a Life Lease building, and requires cash only offers as no mortgage can be registered against a life lease, however no land transfer tax, or legal fees are paid on closing. The monthly fee includes property taxes and municipal water.

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Closing Costs

Mortgage Amount
$240,000
Land Transfer Taxes$2,975
Legal Fees (Est.)
$
Total cash required for closing$64,475

Total Monthly Obligation

$2,264/mo
Mortgage $1,210
Monthly Loss $1,946
Principal$318
Interest$892
Property Tax$134
Condo Fees$720
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.6%47
10-Year IRR
12.2%
Returns Index
24.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$26,100/yr
NOI
$10,842/yr
Net Cash Flow
-$307/mo
Cash Margin
-14.1%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
34.2/ 100

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

Comparables

Properties near 208 Silvercreek Parkway N 104

Time

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