40 FAIRVIEW Boulevard Guelph
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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)
- Listing ID: 40020668
- Listed On: SEPTEMBER 14TH 2020
- Address: 40 FAIRVIEW BOULEVARD
- Location: GUELPH
- Postal Code: N1G 1H4
|Bedroom||Second level||12'00'' x 11'80''|
|Bedroom||Second level||10'60'' x 9'20''|
|Bedroom||Second level||10'60'' x 10'80''|
|Bonus Room||Lower level||9'30'' x 5'20''|
|Utility room||Lower level||8'11'' x 8'40''|
|Recreation room||Lower level||18'50'' x 11'90''|
|Workshop||Lower level||18'40'' x 6'30''|
|Laundry room||Lower level||8'10'' x 9'00''|
|Bedroom||Lower level||11'60'' x 10'00''|
|Bedroom||Lower level||15'90'' x 11'60''|
|Bedroom||Lower level||10'40'' x 8'70''|
|Kitchen||Main level||14'20'' x 9'00''|
|Dining room||Main level||10'50'' x 9'00''|
|Living room||Main level||18'60'' x 11'90''|
- 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
- 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
- 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
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.
- 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.
- Mortgage Rate
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- Mortgage Type
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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