$525,000

$575,000For salePrice drop↓ $50,000 (9%)

191 GROVE Street, Guelph - Single Family for Sale

191 GROVE Street, Guelph, Ontario, N1E2W8

4 beds2 baths2 parking1,141 ft²11,326 sq ft (0.26 ac) lot sizeListed 29 days ago

Overview

This 4-bedroom, 2-bathroom home in Guelph is for sale offering roughly 1,141 sq ft of space. Listed at $525,000, it is attractively priced about 35% below the $812,250 median asking price in Guelph. It has been on the market 29 days, fresher than the Guelph average of 62 days.

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Description

This lovely solid-brick 1950s home sits proudly on an incredible 49’ x 230’ lot in the highly sought-after St. George’s Park neighborhood. Home has been recently painted and ready for your personal touches, the home features a full basement, a workshop, hobby space, or 3-season retreat. Enjoy the massive 230’ backyard with endless potential for gardens, patios, entertaining, and relaxing, all while being within walking distance of downtown Guelph, the Farmer’s Market, restaurants, and cafés. This home offers the perfect opportunity to move in and make it your own, or explore the possibilities of expanding your living space and adding an ADU through Guelph’s Gentle Density Initiative. A fantastic home, an exceptional lot, and a location full of lifestyle appeal. Book your private tour today!! (id:66096)

Property Details

MLS®: 40869782
Property Type: Single Family
Zoning: R1B
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,141 ft²
Lot Size: 11,326 sq ft (0.26 ac)
Frontage: 50 ft
Year Built: 1956
Storeys: 1
Style: Other
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax

Rooms

Basement

Utility room: 16'4'' x 8'1''
Utility room: 24'6'' x 14'8''
Recreation room: 21'2'' x 11'3''

Second level

3pc Bathroom: 4'4'' x 11'3''
Bedroom: 13'1'' x 10'0''
Primary Bedroom: 11'10'' x 11'3''

Main level

Sunroom: 9'8'' x 3'11''
4pc Bathroom: 5'1'' x 7'10''
Bedroom: 9'1'' x 10'11''

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Hood Fan
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Guelph listings, avg age

62d

Price / ft²

$460

List price

$525K

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 29 days, which is 33 days fresher than the city average of 62. Act while there is still low competition.

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Listed by Exp Realty, Brokerage · Sam Vlad

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1E)

This home lists at $525,000, about 5.5× the local median household income of $96,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $96,000
Population: 44,799
Median age: 38.4
Owner / renter: 74% / 26%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1E)

$525,000· $460/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$376/mo

Total monthly$3,134

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$6,975

Est. closing costs$4,075

Total cash needed$38,550

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