$949,000

For sale

18 HERITAGE Drive, Guelph - Single Family for Sale

18 HERITAGE Drive, Guelph, Ontario, N1G0B2

4 beds4 baths3 parking2,150 ft²Listed 42 days ago

Overview

This 4-bedroom, 4-bathroom home in Guelph is for sale offering roughly 2,150 sq ft of space. It has been on the market 42 days, fresher than the Guelph average of 63 days.

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Description

Welcome to 18 Heritage Drive Energy Star Home, Guelph! This beautifully maintained home offers the perfect blend of comfort, convenience, and investment potential. Featuring 3 spacious bedrooms, 2.5 bathrooms, and parking for up to 3 vehicles, this property is ideal for growing families and savvy investors alike. A standout feature of the home is the legal 1-bedroom basement apartment, providing an excellent opportunity for rental income or additional living space for extended family members. Ideally situated on Gordon Street in Guelph, this home is just minutes from the University of Guelph and offers the convenience of a bus stop right at your doorstep. Enjoy easy access to grocery stores, walk-in clinics, shopping centres, restaurants, schools, parks, and all major amenities. Located in the catchment area of some of Guelph's top-rated schools and within walking distance of a beautiful children's playground, this property is perfectly positioned for families seeking quality education and an exceptional lifestyle. Whether you're looking for a family home, an income-generating property, or both, 18 Heritage Drive presents an outstanding Opportunity with approximately $4,500/month in combined rental income from the upstairs and downstairs, in one of Guelph's most desirable and convenient neighbourhoods. (id:66096)

Property Details

MLS®: 40865815
Property Type: Single Family
Zoning: R1D
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 3
Interior Size: 2,150 ft²
Frontage: 31 ft
Storeys: 2
Style: Other
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Ownership: Freehold
Property Tax

Rooms

Basement

Laundry room: 5'4'' x 10'0''
4pc Bathroom: 5'4'' x 10'0''
Bedroom: 10'0'' x 10'9''
Living room: 9'3'' x 14'3''
Kitchen: 9'3'' x 13'3''

Second level

4pc Bathroom: 5'4'' x 8'1''
4pc Bathroom: 6'7'' x 7'6''
Bedroom: 10'6'' x 14'4''
Bedroom: 9'1'' x 9'4''
Primary Bedroom: 10'8'' x 15'0''

Features

Appliances: Water softener, Garage door opener
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Guelph listings, avg age

63d

Price / ft²

$441

List price

$949K

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.

Homes here sell close to asking price

Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Guelph has been listed for 42 days, which is 21 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC · Shitanshu Patel

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1G)

This home lists at $949,000, about 9.7× the local median household income of $98,000.

Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 89% above the area median.

Median household income: $98,000
Population: 29,688
Median age: 37.6
Owner / renter: 65% / 35%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N1G)

$949,000· $441/ft²

For sale

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Full Cost Breakdown

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Down Payment7.37% · $69,900

Min 7.37%50%

Mortgage payment$4,874/mo

↳ CMHC premium ($35,164 capitalized)

Property tax (est.)$493/mo

Total monthly$5,367

Cash Needed to Close

Down payment (7.37%)$69,900

Land transfer tax$15,455

Est. closing costs$5,347

Total cash needed$90,702

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