415 Grange Road 408, Guelph

$359,900
415 Grange Road 408

$359,900

New
3d
Condo Apartment1 Storey/Apt

415 Grange Road 408, Guelph

Total Monthly Obligation $2,202

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
3d
Score
21
Yield
6.4%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.5%
Property Type-Condo Apartment
MLS® Number-X14101234
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,794.54 (2026)
Maintenance-$317.79/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage Royal City Realty
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Grange Road
Title-Residential Condo & Other

No agent assigned

Welcome to 415 Grange Road, Unit 408! This bright and well-maintained top-floor 1-bedroom, 1-bathroom condo offers comfortable living in a convenient Guelph location. Enjoy an abundance of natural light throughout the unit, along with lovely views from this desirable top-floor position. The thoughtfully laid-out space is clean, inviting and move-in ready, featuring in-suite laundry, a private balcony, an exclusive storage locker and 1 parking space. Ideally located close to schools, parks, green spaces and walking areas, with convenient access to everyday amenities and transit. A wonderful opportunity for first-time buyers, downsizers, professionals or investors looking for a well-kept condo in a great location.

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

Closing Costs

Mortgage Amount
$287,920
Land Transfer Taxes$3,874
Legal Fees (Est.)
$
Total cash required for closing$77,354

Total Monthly Obligation

$2,202/mo
Mortgage $1,452
Monthly Loss $1,820
Principal$382
Interest$1,070
Property Tax$233
Condo Fees$318
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
10.0%35
10-Year IRR
10.7%
Returns Index
18.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$22,980/yr
NOI
$11,674/yr
Net Cash Flow
-$479/mo
Cash Margin
-25.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo75
Risk Index
34.0/ 100

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

Comparables

Properties near 415 Grange Road 408

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.