$999,999

For sale

53 Janefield Avenue, Guelph (Dovercliffe Park/Old University) - Single Family for Sale

53 Janefield Avenue, Guelph (Dovercliffe Park/Old University), Ontario, N1G2L4

5 beds4 baths6 parking2,250 ft²71 × 146 ft (10,366 sq ft) lot sizeListed 8 days ago

Overview

This 5-bedroom, 4-bathroom home in Guelph is for sale offering roughly 2,250 sq ft of space. Its $999,999 asking price sits right in line with the $960,000 median in Guelph. It has been on the market 8 days, fresher than the Guelph average of 63 days.

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Description

A versatile property with excellent potential for families, multi-generational living or investors. Centrally located in Guelph and close to the University of Guelph, schools, shopping and everyday amenities, the home also offers convenient access to the Hanlon Expressway and Highway 401. Inside, there is plenty of space for a growing family, while the legal basement apartment provides an opportunity for rental income, extended family or older children. Outside, the large yard offers room for kids and pets, and parking is no issue with space for approximately five to six vehicles plus a heated garage. A well-located home with plenty of space, flexibility and long-term potential. (id:66096)

Property Details

MLS®: X14122900
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Parking: 6
Interior Size: 2,250 ft²
Lot Size: 71 × 146 ft (10,366 sq ft)
Frontage: 71 ft
Storeys: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $7,687/yr

Rooms

Basement

Bedroom: 3.17 x 3.3 meters
Den: 3.78 x 4.34 meters
Kitchen: 2.59 x 5.11 meters
Laundry room: 3.94 x 4.11 meters
Living room: 7.77 x 5.77 meters

Main level

Primary Bedroom: 4.01 x 3.05 meters
Dining room: 3.68 x 4.29 meters
Living room: 3.68 x 4.32 meters
Kitchen: 2.18 x 5.46 meters

Second level

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Garage door opener
Foundation: Poured Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Guelph (Dovercliffe Park/Old University) listings, avg age

63d

Price / ft²

$444

List price

$1000K

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 5-bed single family in Guelph (Dovercliffe Park/Old University) has been listed for 8 days, which is 55 days fresher than the city average of 63. Act while there is still low competition.

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Listed by M1 Real Estate Brokerage Ltd · KRIS BUTLER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1G)

This home lists at $999,999, about 10.2× the local median household income of $98,000.

Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 99% above the area median.

Median household income: $98,000
Population: 29,688
Median age: 37.6
Owner / renter: 65% / 35%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N1G)

$999,999· $444/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,999.90

Min 7.50%50%

Mortgage payment$5,128/mo

↳ CMHC premium ($37,000 capitalized)

Property tax (est.)$641/mo

Total monthly$5,769

Cash Needed to Close

Down payment (7.50%)$75,000

Land transfer tax$16,475

Est. closing costs$5,500

Total cash needed$96,975

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