$375,000

$395,000For salePrice drop↓ $20,000 (5%)

#101 43 Waterford Drive, Guelph (Pineridge/Westminster Woods) - Single Family for Sale

#101 43 Waterford Drive, Guelph (Pineridge/Westminster Woods), Ontario, N1L0J6

1 bed1 bath1 parking750 ft²$324/mo condo feeListed 44 days ago

Overview

This 1-bedroom, 1-bathroom condo in Guelph is for sale offering roughly 750 sq ft of space. Listed at $375,000, it is attractively priced about 39% below the $617,000 median asking price in Guelph. It has been on the market 44 days, fresher than the Guelph average of 62 days.

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Description

Welcome to 101-43 Waterford Drive! The perfect location for investors and a great opportunity for anyone looking to get into the market or downsize from a larger home. This spacious ground floor unit offers one bedroom, plus a den. The functional layout features an open-concept space, its kitchen with updated appliances and ample storage overlooking the living room. Lots of natural light flows through the sliding glass doors leading to the private balcony. In-suite laundry and 1 surface parking spot included. Conveniently located in the south-end of Guelph, within walking distance to shopping, restaurants and more amenities, close to schools, trails, and transit! Quick access to highway 6 and 401 makes it ideal for commuters. A wonderful opportunity at a reasonable price, easy condo living in a safe and desirable neighbourhood. (id:66096)

Property Details

MLS®: X13809618
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $324/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $3,123/yr
Listed: 44 days ago

Rooms

Main level

Bathroom: 1.66 x 2.81 meters
Kitchen: 2.95 x 3.7 meters
Living room: 4.45 x 3 meters
Den: 2.63 x 1.97 meters
Bedroom: 3.31 x 3.9 meters
Laundry room: 2.46 x 1.23 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Vinyl siding, Brick Facing
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Guelph (Pineridge/Westminster Woods) listings, avg age

62d

Price / ft²

$500

List price

$375K

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 1-bed single family in Guelph (Pineridge/Westminster Woods) has been listed for 44 days, which is 18 days fresher than the city average of 62. Act while there is still low competition.

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Listed by Royal LePage Royal City Realty · JADEN STEELE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1L)

This home lists at $375,000, about 3.3× the local median household income of $114,000.

Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$375,000· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,750

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,250 capitalized)

Property tax (est.)$260/mo

Condo fee$324/mo

Total monthly$2,559

Cash Needed to Close

Down payment (5%)$18,750

Land transfer tax$4,100

Est. closing costs$3,625

Total cash needed$26,475

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