$1,049,900

For sale

978 Edinburgh Road South, Guelph (Kortright West) - Single Family for Sale

978 Edinburgh Road South, Guelph (Kortright West), Ontario, N1G5H2

6 beds4 baths6 parking2,250 ft²38 × 105 ft (3,948 sq ft) lot sizeListed 26 days ago

Overview

This 6-bedroom, 4-bathroom home in Guelph is for sale offering roughly 2,250 sq ft of space. It has been on the market 26 days, fresher than the Guelph average of 70 days.

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

Description

INCREDIBLE INVESTMENT OPPORTUNITY NEAR THE UNIVERSITY OF GUELPH! Discover the versatility and potential of this spacious home offering over 2,000 sq. ft. in the main residence, featuring 4 bedrooms plus a separate 2-bedroom lower-level Legal apartment. Whether you're looking for a multi-generational living solution, an opportunity for two families to live comfortably under one roof while maintaining their own private spaces, or a mortgage helper to offset ownership costs, this property offers exceptional flexibility. Its prime location also makes it an attractive option for student housing.Parking is a breeze with a 2-car garage and a large driveway accommodating up to 6 vehicles. Public transit is just steps from your front door, while Zehrs, walking trails, restaurants, and a variety of everyday amenities are all within walking distance.Conveniently located close to the University of Guelph and approximately 20 minutes from Highway 401 access, this property combines space, convenience, and income potential in one desirable package.Live together, earn rental income, or invest in a location that makes sense! Opportunities like this are worth a closer look. Don't miss your chance to explore the possibilities! (id:66096)

Property Details

MLS®: X13883310
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 6
Interior Size: 2,250 ft²
Lot Size: 38 × 105 ft (3,948 sq ft)
Frontage: 38 ft
Storeys: 2
Basement: Finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $7,268/yr

Rooms

Main level

Kitchen: 3.98 x 2.46 meters
Dining room: 4.89 x 4.91 meters
Eating area: 2.77 x 2.76 meters
Bathroom: 1.25 x 1.53 meters

Lower level

Family room: 4.6 x 4.58 meters
Bedroom: 2.77 x 3.08 meters
Dining room: 4.59 x 2.45 meters
Kitchen: 3.37 x 2.76 meters
Other: 3.07 x 2.16 meters
Bathroom: 2.64 x 2.29 meters

Features

Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Guelph (Kortright West) listings, avg age

70d

Price / ft²

$467

List price

$1.05M

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 (Kortright West) has been listed for 26 days, which is 44 days fresher than the city average of 70. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX Real Estate Centre Inc · RYAN MORRIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1G)

This home lists at $1,049,900, about 10.7× the local median household income of $98,000.

Carrying it typically needs a household income of about $205,082 (20% down, 25-yr amortization, stress-tested) — roughly 109% 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)

$1,049,900· $467/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment7.62% · $79,990

Min 7.62%50%

Mortgage payment$5,377/mo

↳ CMHC premium ($38,796 capitalized)

Property tax (est.)$606/mo

Total monthly$5,983

Cash Needed to Close

Down payment (7.62%)$79,990

Land transfer tax$17,473

Est. closing costs$5,650

Total cash needed$103,113

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator