$1,399,000

For sale

20 Tolton Drive, Guelph (Pineridge/Westminster Woods) - Single Family for Sale

20 Tolton Drive, Guelph (Pineridge/Westminster Woods), Ontario, N1L0C5

6 beds4 baths4 parking2,250 ft²$18/mo condo feeListed 15 days ago

Overview

This 6-bedroom, 4-bathroom condo in Guelph is for sale offering roughly 2,250 sq ft of space. It has been on the market 15 days, fresher than the Guelph average of 62 days.

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Description

Exceptional Living with Income Potential in Guelph's Desirable Westminster Woods! Welcome to 20 Tolton Drive, a Beautifully Appointed Home Built by Award-Winning Reid's Heritage Homes, Featuring a Separate Two-Bedroom Coach House Currently Generating $2,050/Month in Rental Income, Complete with Its Own Address, Hydro and Gas Line. An Attractive Brick, Stone and Vinyl Exterior and Spacious Enclosed Front Porch Create a Warm Welcome and the Perfect Setting for Morning Coffee. Inside, Beautiful Hardwood Floors, 9-Foot Main-Floor Ceilings, California Shutters and Oversized Windows Bring Warmth and Natural Light Throughout. Designed for Everyday Living and Effortless Entertaining, the Spacious Kitchen Features Abundant Cabinetry, Stainless Steel Appliances, Granite Countertops, a Backsplash and Centre Island. Gather in the Inviting Family Room Around a Gas Fireplace Framed by a Custom Wood Surround. The Generous Primary Retreat Offers a Walk-In Closet and Spacious 5-Piece Ensuite. Outside, a Low-Maintenance Interlock Patio Provides an Ideal Space for Summer Dining and Relaxation. Four-Car Parking Includes Two Separate Garages, One for the Main Residence and One for the Coach House. Exceptionally Large Basement Windows and a Bathroom Rough-In Offer Exciting Potential for Future Finishing. Enjoy the Convenience of Guelph's Sought-After South End, with Nearby Westminster Woods Public School, Parks, Trails, Westminster Square Library, Restaurants and Shopping, Including Zehrs, Food Basics and Longo's. Convenient Access to Highway 401 Adds Commuter Appeal. A Standout Opportunity to Enjoy a Beautiful Home with the Added Benefit of an Established Rental Income Stream! (id:66096)

Property Details

MLS®: X14100222
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 42 × 122 ft (5,119 sq ft)
Frontage: 42 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Condo Fee: $18/mo
Fee Includes

Rooms

Main level

Kitchen: 5.16 x 3.25 meters
Eating area: 3.05 x 3.05 meters
Dining room: 3.76 x 3.2 meters
Family room: 4.57 x 4.57 meters
Bedroom 4: 3.66 x 2.87 meters

Upper Level

Living room: 5.23 x 3.1 meters
Bedroom: 3.32 x 2.61 meters
Bedroom: 3.14 x 2.61 meters
Kitchen: 3.29 x 2.71 meters

Second level

Features

Appliances: Washer, Refrigerator, Water softener, Central Vacuum, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Window Coverings, Garage door opener, Garage door opener remote(s)
Flooring: Tile, Hardwood
Foundation: Concrete
Exterior: Brick, Stone
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Guelph (Pineridge/Westminster Woods) listings, avg age

62d

Price / ft²

$622

List price

$1.40M

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 6-bed single family in Guelph (Pineridge/Westminster Woods) has been listed for 15 days, which is 47 days fresher than the city average of 62. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · DARYL KING

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1L)

This home lists at $1,399,000, about 12.3× the local median household income of $114,000.

Carrying it typically needs a household income of about $273,274 (20% down, 25-yr amortization, stress-tested) — roughly 140% above the area median.

Median household income: $114,000
Population: 17,474
Median age: 34.8
Owner / renter: 75% / 25%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N1L)

$1,399,000· $622/ft²

For sale

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Full Cost Breakdown

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Down Payment8.21% · $114,900.00

Min 8.21%50%

Mortgage payment$7,119/mo

↳ CMHC premium ($51,364 capitalized)

Property tax (est.)$803/mo

Condo fee$18/mo

Total monthly$7,941

Cash Needed to Close

Down payment (8.21%)$114,900

Land transfer tax$24,455

Est. closing costs$6,697

Total cash needed$146,052

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