$787,900

For sale

11 Neeve Street, Guelph (Downtown) - Single Family for Sale

11 Neeve Street, Guelph (Downtown), Ontario, N1H4B8

5 beds2 baths1 parking1,750 ft²33 × 58 ft (1,869 sq ft) lot sizeListed 16 days ago

Overview

This 5-bedroom, 2-bathroom home in Guelph is for sale offering roughly 1,750 sq ft of space. Listed at $787,900, it is attractively priced about 27% below the $1,075,000 median asking price in Guelph. It has been on the market 16 days, fresher than the Guelph average of 67 days.

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Description

Renovated 5-bdrm, 2-bathroom home offering approx. 1632sqft of above-grade living, the perfect blend of historic charm & modern updates! Whether you're looking for a spacious family home or excellent income property, this versatile home checks all the boxes. When fully rented it can generate approx. $1,000 in mthly cash flow! Ideally situated mins from vibrant Downtown Guelph, transit, UofG, parks & trails, this is a location that's hard to beat! Charming red brick exterior & enclosed front porch set the tone for this character-filled home. Step inside to foyer that welcomes you into a beautiful living room W/gorgeous flooring, elegant fireplace framed by custom B/I shelving & large windows. Flowing seamlessly into the dining room, you'll find a wonderful setting for family dinners & entertaining W/soaring baseboards & timeless architectural details. Renovated kitchen W/white full-height cabinetry, quartz counters, S/S appliances, subway tile backsplash & centre island offering prep space & seating. Upstairs are 3 large bdrms each W/original hardwood & large windows. Renovated 4pc bath W/dbl vanity & shower/tub. Continue up to the versatile 3rd-floor loft, a fantastic bonus space W/lots of room to make it your own. Whether you envision an office, studio or hobby room the possibilities are endless! Finished bsmt adds more flexibility W/2 add'l bdrms, 4pc bath & sep W/O entrance. Layout is ideal for large families, guests or those looking to explore potential for in-law suite. Outside the private courtyard-style yard offers an outdoor escape surrounded by mature trees. Enjoy BBQs, dining or relaxing in the peaceful setting. There is a shed for all your storing needs. Steps from Downtown's restaurants, shops & amenities. Spend wknds walking the Speed River trails or enjoying green spaces throughout the neighbourhood. Historic charm, stylish renos, versatile living & great location, this is an opportunity that can't be missed (id:66096)

Property Details

MLS®: X14095294
Property Type: Single Family
Zoning: C5
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,750 ft²
Lot Size: 33 × 58 ft (1,869 sq ft)
Frontage: 33 ft
Storeys: 2
Basement: Finished, Full, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Foyer: 3.63 x 3.33 meters
Kitchen: 3.33 x 3.2 meters
Living room: 3.89 x 3.23 meters
Dining room: 3.99 x 3.23 meters

Basement

Bedroom 5: 3.73 x 3.3 meters
Bathroom

Second level

Primary Bedroom: 3.76 x 3.17 meters
Bathroom
Bedroom 2: 3.25 x 2.59 meters
Bedroom 3: 3.66 x 3.3 meters

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Water Heater - Tankless, Water Heater
Foundation: Stone
Exterior: Brick
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Guelph (Downtown) listings, avg age

67d

Price / ft²

$450

List price

$788K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed single family in Guelph (Downtown) has been listed for 16 days, which is 51 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RE/MAX Real Estate Centre Inc · BRADLEY WYLDE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1H)

This home lists at $787,900, about 10.2× the local median household income of $77,000.

Carrying it typically needs a household income of about $153,904 (20% down, 25-yr amortization, stress-tested) — roughly 100% above the area median.

Median household income: $77,000
Population: 42,178
Median age: 41.2
Owner / renter: 54% / 46%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N1H)

$787,900· $450/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.83% · $53,790

Min 6.83%50%

Mortgage payment$4,070/mo

↳ CMHC premium ($29,364 capitalized)

Property tax (est.)$474/mo

Total monthly$4,545

Cash Needed to Close

Down payment (6.83%)$53,790

Land transfer tax$12,233

Est. closing costs$4,864

Total cash needed$70,887

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