$799,999

For sale

27 Palermo Crescent, Guelph (Grange Road) - Single Family for Sale

27 Palermo Crescent, Guelph (Grange Road), Ontario, N1E2J8

3 beds2 baths3 parking1,300 ft²53 × 98 ft (5,149 sq ft) lot sizeListed 31 days ago

Overview

This 3-bedroom, 2-bathroom home in Guelph is for sale offering roughly 1,300 sq ft of space. Its $799,999 asking price sits right in line with the $789,900 median in Guelph. It has been on the market 31 days, fresher than the Guelph average of 44 days.

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Description

Welcome to 27 Palermo Crescent, a cozy red brick bungalow in Guelph's desirable Grange Road neighbourhood. Offering 3 bedrooms and 2 bathrooms, this inviting home features a functional layout with plenty of space for comfortable living. The bright main-floor living room showcases large windows, pot lights and hardwood flooring, while the eat-in kitchen offers a double sink and ample storage. Three hardwood-floored bedrooms share a convenient 4-piece bathroom. The finished basement adds excellent versatility with a spacious recreation room, 3-piece bathroom, laundry room, wet bar and additional living room, creating an ideal space for extended family, guests or flexible living arrangements, with potential for a secondary dwelling unit, subject to approvals. Outside, the fully fenced backyard offers ample room for outdoor living and entertaining. With parking for three vehicles and a convenient location close to schools, parks and everyday amenities, this home is an excellent opportunity for first-time buyers, multi-generational families or investors. (id:66096)

Property Details

MLS®: X13866484
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 53 × 98 ft (5,149 sq ft)
Frontage: 53 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Bathroom: 2.71 x 2.1 meters
Bedroom: 2.71 x 2.81 meters
Bedroom: 3.77 x 2.78 meters
Dining room: 3.2 x 3.52 meters
Kitchen: 2.43 x 3.52 meters
Living room: 4.97 x 3.63 meters
Primary Bedroom: 3.79 x 3.4 meters

Basement

Family room: 3.84 x 5.23 meters
Other: 1.77 x 3.42 meters
Laundry room: 2.36 x 1.65 meters

Features

Appliances: Washer, Refrigerator, Water meter, Dryer, Garage door opener remote(s), Water Heater
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Guelph (Grange Road) listings, avg age

44d

Price / ft²

$615

List price

$800K

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 3-bed single family in Guelph (Grange Road) has been listed for 31 days, which is 13 days fresher than the city average of 44. Act while there is still low competition.

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Listed by Royal LePage Royal City Realty · ANDRA ARNOLD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1E)

This home lists at $799,999, about 8.3× the local median household income of $96,000.

Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 63% 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)

$799,999· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,999.90

Min 6.87%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,800 capitalized)

Property tax (est.)$388/mo

Total monthly$4,518

Cash Needed to Close

Down payment (6.87%)$55,000

Land transfer tax$12,475

Est. closing costs$4,900

Total cash needed$72,375

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