$688,888

For sale

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491 Elmira Road North, Guelph (Willow West/Sugarbush/West Acres) - Single Family for Sale

491 Elmira Road North, Guelph (Willow West/Sugarbush/West Acres), Ontario, N1K1C2

5 beds1 bath6 parking ft²

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3 bd4 ba4 pk1,300 ft²Lot size 49 × 123 ft (6,029 sq ft)

Listed by Bosley Real Estate Ltd.

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For saleJust listed

4 days ago

$700K

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3 bd2 ba3 pk1,300 ft²Lot size 61 × 99 ft (6,044 sq ft)

Listed by Coldwell Banker Neumann Real Estate

217 Deerpath Drive, Guelph (Willow West/Sugarbush/West Acres), Ontario, N1K1W6

For saleJust listed

4 days ago

$799K

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3 bd4 ba2 pk1,750 ft²Lot size 39 × 111 ft (4,369 sq ft)

Listed by Keller Williams Home Group Realty

12 MCCARTNEY Road, Guelph (Willow West/Sugarbush/West Acres), Ontario, N1K1M8

For sale

9 days ago

$600K

12 MCCARTNEY Road, Guelph (Willow West/Sugarbush/West Acres), Ontario, N1K1M8

3 bd2 ba3 pk900 ft²Lot size 35 × 100 ft (3,483 sq ft)

Listed by RE/MAX Real Estate Centre Inc

Investment analysis

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$688,888

Guelph

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100 × 185 ft (18,500 sq ft) lot size

Overview

This 5-bedroom, 1-bathroom home in Guelph is for sale offering roughly 900 sq ft of space. Listed at $688,888, it is attractively priced about 14% below the $799,000 median asking price in Guelph. It has been on the market 39 days, fresher than the Guelph average of 48 days.

Houses for Sale in Guelph →All real estate in Guelph →

Description

Exceptional opportunity on this Residential home with a large lot zoned Industrial B! This unique property combines an existing detached dwelling with the flexibility and potential of industrial zoning. The existing building may lend itself well to office, professional or other permitted commercial uses, making this an intriguing option for business owners, investors or owner/users. The generous lot offers plenty of space and exciting possibilities for those looking to establish or expand their business presence. A rare opportunity to acquire a property offering an existing building, substantial lot size and versatile zoning. (id:66096)

Property Details

MLS®: X13835926
Property Type: Single Family
Zoning: B
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Lot Size: 100 × 185 ft (18,500 sq ft)
Frontage: 100 ft
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Pool: Yes
Ownership: Freehold
Property Tax: $4,598/yr
Listed: 39 days ago

Rooms

Main level

Living room: 5.35 x 3.86 meters
Kitchen: 3.37 x 4.14 meters

Second level

Primary Bedroom: 3.32 x 2.9 meters
Bedroom: 2.74 x 2.99 meters
Bedroom 3: 2.74 x 2.64 meters
Bathroom

Basement

Other: 10.97 x 3.65 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove
Foundation: Unknown
Exterior: Wood, Brick Facing

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

39d

Guelph (Willow West/Sugarbush/West Acres) listings, avg age

48d

Price / ft²

$765

List price

$689K

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 5-bed single family in Guelph (Willow West/Sugarbush/West Acres) has been listed for 39 days, which is 9 days fresher than the city average of 48. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · SUSAN TOICH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1K)

This home lists at $688,888, about 6.3× the local median household income of $110,000.

Carrying it typically needs a household income of about $134,564 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $110,000
Population: 10,908
Median age: 38.4
Owner / renter: 72% / 28%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA N1K)

$688,888· $765/ft²

For sale

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Full Cost Breakdown

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Down Payment6.37% · $43,888.80

Min 6.37%50%

Mortgage payment$3,576/mo

↳ CMHC premium ($25,800 capitalized)

Property tax (est.)$383/mo

Total monthly$3,959

Cash Needed to Close

Down payment (6.37%)$43,889

Land transfer tax$10,253

Est. closing costs$4,567

Total cash needed$58,709

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice