$640,000

For sale

#2 101 Frederick Drive, Guelph (Pineridge/Westminster Woods) - Single Family for Sale

#2 101 Frederick Drive, Guelph (Pineridge/Westminster Woods), Ontario, N1L0K7

4 beds3 baths1 parking1,700 ft²$830/mo condo feeListed 63 days ago

Overview

This 4-bedroom, 3-bathroom condo in Guelph is for sale offering roughly 1,700 sq ft of space. Its $640,000 asking price sits right in line with the $617,000 median in Guelph.

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Description

Welcome to this spacious and beautifully designed 3-bedroom condo townhouse in the heart of Guelph, perfectly located just minutes from the highway - ideal for commuters and families alike. The open-concept main floor features a modern kitchen with quartz countertops, stainless steel appliances, and a bright breakfast area that flows seamlessly into the dining and living spaces. Large windows fill the home with natural light, creating a warm and inviting atmosphere. With three bathrooms, there's plenty of convenience for busy mornings and family life. The fully finished basement adds even more functional space, complete with an additional bedroom and open-concept layout, perfect for guests, a recreation room, or a private home office. Step outside to a huge enclosed patio, offering a safe and versatile area for BBQs, kids to play, or pets to enjoy. This property offers exceptional value - a beautiful opportunity for first-time homebuyers, growing families, or savvy investors looking for a move-in-ready home. (id:66096)

Property Details

MLS®: X13737702
Property Type: Single Family
Zoning: R1-D
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,700 ft²
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $830/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $4,131.08/yr

Rooms

Main level

Living room: 4.17 x 6.68 meters
Dining room: 3.58 x 2.94 meters
Kitchen: 4.44 x 2.76 meters
Bathroom: 1.96 x 2.18 meters

Basement

Bedroom: 4.04 x 6.68 meters
Living room: 4.67 x 3.58 meters

Second level

Bedroom: 5.08 x 4.29 meters
Bedroom 2: 2.67 x 3.07 meters
Bedroom 3: 2.63 x 3 meters

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Carpeted
Exterior: Brick
Lot Features: Carpet Free, Sump Pump, In-Law Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

63d

Guelph (Pineridge/Westminster Woods) listings, avg age

63d

Price / ft²

$377

List price

$640K

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 4-bed single family in Guelph (Pineridge/Westminster Woods) has been listed for 63 days, right at the city average. A solid opportunity worth looking into.

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Listed by RE/MAX REALTY SPECIALISTS INC. · KAMAL TAMBER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1L)

This home lists at $640,000, about 5.6× the local median household income of $114,000.

Carrying it typically needs a household income of about $125,014 (20% down, 25-yr amortization, stress-tested) — roughly 10% 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)

$640,000· $377/ft²

For sale

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Full Cost Breakdown

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Down Payment6.09% · $39,000

Min 6.09%50%

Mortgage payment$3,332/mo

↳ CMHC premium ($24,040 capitalized)

Property tax (est.)$344/mo

Condo fee$830/mo

Total monthly$4,506

Cash Needed to Close

Down payment (6.09%)$39,000

Land transfer tax$9,275

Est. closing costs$4,420

Total cash needed$52,695

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