$1,599,000

For sale

280 Farley Drive, Guelph (Pineridge/Westminster Woods) - Single Family for Sale

280 Farley Drive, Guelph (Pineridge/Westminster Woods), Ontario, N1L1N6

6 beds5 baths6 parking2,750 ft²56 × 140 ft (7,798 sq ft) lot sizeListed 50 days ago

Overview

This 6-bedroom, 5-bathroom home in Guelph is for sale offering roughly 2,750 sq ft of space. It has been on the market 50 days, fresher than the Guelph average of 62 days.

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Description

Welcome to 280 Farley Drive, a recently updated family home backing onto green space in Guelph's desirable south end. Offering 2,954 sq. ft. above grade, this well-designed home features a main-floor office, formal dining room, and inviting family room. Upstairs, you'll find four generous bedrooms, providing plenty of space for a growing family. The fully finished basement includes a separate entrance and a self-contained 2 BED LEGAL APARTMENT, ideal for extended family or rental income. Situated on a premium 50 x 140 ft lot with parking for six vehicles, this property offers the perfect combination of space, functionality, privacy, recent updates, and income potential. (id:66096)

Property Details

MLS®: X13788614
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 5
Half Baths: 1
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 56 × 140 ft (7,798 sq ft)
Frontage: 56 ft
Storeys: 2
Basement: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Bathroom: 2.12 x 0.83 meters
Family room: 4.72 x 3.96 meters
Office: 3.05 x 3.35 meters
Laundry room: 1.72 x 2.24 meters

Basement

Bathroom: 2.24 x 1.74 meters
Bathroom: 2.58 x 1.48 meters
Bedroom: 3.19 x 3.88 meters
Bedroom: 3.17 x 3.72 meters

Second level

Bathroom: 3.72 x 1.52 meters

Features

Appliances: Water softener, Water Heater
Foundation: Poured Concrete
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

50d

Guelph (Pineridge/Westminster Woods) listings, avg age

62d

Price / ft²

$581

List price

$1.60M

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 6-bed single family in Guelph (Pineridge/Westminster Woods) has been listed for 50 days, which is 12 days fresher than the city average of 62. Act while there is still low competition.

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Listed by Real Broker Ontario Ltd. · HARRY KAINTH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1L)

This home lists at $1,599,000, about 14.0× the local median household income of $114,000.

Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 174% 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)

$1,599,000· $581/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $319,800

Min 20%50%

Mortgage payment$6,819/mo

Property tax (est.)$807/mo

Total monthly$7,627

Cash Needed to Close

Down payment (20%)$319,800

Land transfer tax$28,455

Est. closing costs$7,297

Total cash needed$355,552

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