40 FAIRVIEW Boulevard Guelph

40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
  • 40 FAIRVIEW Boulevard
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$695,000

Owning great real estate is always important. Whether you are just starting to invest, or continuing to build a portfolio, the best locations insulate our investments and keep us at the top of the appreciation scale. 40 Fairview Boulevard is a location you will love. With downtown at one end of the street and the U of G campus at the other, your tenants will always be lined up, and thrilled with the location. This amazing property has 6 bedrooms, 2 recently improved bathrooms, lots of living space, and a great yard. Fully rented until the end of next April for $3,000 per month. Don't overlook this home if you are looking to live in this great of a location, either. In this competitive landscape you need to be creative; what about buying this home and moving in at end of the lease? Lots of options to think about in a location like this. (id:25417)

  • 6 Bedrooms
  • 2 Bathrooms
  • $2,392 / month (estimated mortgage)
40 FAIRVIEW Boulevard GUELPH
  • Listing ID: 40020668
  • Listed On: SEPTEMBER 14TH 2020
  • Address: 40 FAIRVIEW BOULEVARD
  • Location: GUELPH
  • Postal Code: N1G 1H4

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Mary Street

RoomsLevelsDimensions
BedroomSecond level12'00'' x 11'80''
BedroomSecond level10'60'' x 9'20''
BedroomSecond level10'60'' x 10'80''
BathroomSecond level 
Bonus RoomLower level9'30'' x 5'20''
Utility roomLower level8'11'' x 8'40''
Recreation roomLower level18'50'' x 11'90''
WorkshopLower level18'40'' x 6'30''
Laundry roomLower level8'10'' x 9'00''
BedroomLower level11'60'' x 10'00''
BedroomLower level15'90'' x 11'60''
BedroomLower level10'40'' x 8'70''
BathroomLower level 
KitchenMain level14'20'' x 9'00''
Dining roomMain level10'50'' x 9'00''
Living roomMain level18'60'' x 11'90''

Additional Details

  • Amenities Nearby: Public Transit
  • Equipment: Water Heater
  • Features: Double width or more driveway, Paved driveway
  • Property Type: Single Family
  • Ownership Type: Freehold
  • Rental Equipment: Water Heater
  • Zoning Description: R.1B

Building Details

  • Appliances: Dryer, Refrigerator, Stove, Washer
  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 3
  • Bedrooms Lower Level: 3
  • Constructed Date: 1964
  • Constructed Material: Wood frame
  • Construction Style Attachment: Detached
  • Cooling: None
  • Exterior Finish: Brick, Wood
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Type: House
  • Utility Water: Municipal water

Land Details

  • Amenities: Public Transit
  • Sewer: Municipal sewage system
  • Size Depth: 101 ft
  • Size Frontage: 50 ft

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Monthly Mortgage Payments

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  • Down Payment
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The amount of money you pay up front to obtain a mortgage. The minimum down payment is 5% and for down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.

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  • Mortgage Insurance

Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage and is applied to your mortgage amount.

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  • Mortgage Rate
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The rate of interest you will pay on the outstanding balance of your mortgage.

  • Mortgage Type
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The mortgage type includes the term of the mortgage, between 1 to 10 years and the rate type, variable or fixed. The mortgage term is the length of time you commit to the terms, conditions and mortgage rate. The mortgage rate type can be fixed for the duration of the term or variable, fluctuating with the prime rate. Fixed rates are most popular and represent 66% of all mortgages, according to the Canadian Association of Accredited Mortgage Professionals.

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