22 Carter Drive, Guelph

$799,900
22 Carter Drive

$799,900

New
9d
DetachedBungalow

22 Carter Drive, Guelph

Total Monthly Obligation $4,037

Beds
4
Baths
2
Park
3
Sqft
1100-1500
DOM
9d
Score
18
Yield
4.7%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X14030262
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-53 × 101 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,230.42 (2026)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Neumann Real Estate
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Grange Road
Title-Residential Freehold

No agent assigned

All-Brick Bungalow Backing Onto a Park in a Family-Friendly Neighborhood! Welcome to this beautifully updated all-brick bungalow, ideally situated on a quiet dead-end street in a well-established, family-oriented neighborhood. Backing directly onto a park, this home offers a wonderful combination of comfort, space, and convenience, with nearby walking trails, schools, and green spaces just moments away. The main floor has undergone professional renovations, featuring updated flooring, interior doors, baseboards, and trim, complemented by a complete professional paint job that gives the home a fresh, modern feel. Brand-new appliances add even more appeal to this move-in-ready space. Newer windows and doors provide additional value, while the sprawling four-season room offers the perfect place to relax, entertain, or enjoy the backyard setting throughout the year. The main floor features three bedrooms and a full bathroom, providing comfortable living space for the entire family. The fully finished basement boasts a complete in-law suite with a separate entrance, an additional bedroom, and a second full bathroom. Ideal for extended family or multigenerational living, this versatile space offers excellent flexibility to suit a variety of needs. Outside, enjoy the peaceful setting backing onto a park, along with plenty of parking for family and guests. Located in a desirable, established neighborhood close to schools, parks, and walking trails, this home combines thoughtful updates with a fantastic location.**A move-in-ready home offering modern updates, flexible living arrangements, and an exceptional family-friendly setting. Don't miss this opportunity! **

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

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,037/mo
Mortgage $3,227
Monthly Loss $3,188
Principal$849
Interest$2,378
Property Tax$436
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%27
10-Year IRR
9.6%
Returns Index
15.0/ 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
$37,200/yr
NOI
$23,750/yr
Net Cash Flow
-$1,247/mo
Cash Margin
-40.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.2/ 100

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

Comparables

Properties near 22 Carter Drive

Time

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