$455,000

For sale

#201 2 Colonial Drive, Guelph (Pineridge/Westminster Woods) - Single Family for Sale

#201 2 Colonial Drive, Guelph (Pineridge/Westminster Woods), Ontario, N1L0K8

2 beds1 bath2 parking850 ft²$543/mo condo feeListed 88 days ago

Overview

This 2-bedroom, 1-bathroom condo in Guelph is for sale offering roughly 850 sq ft of space. Listed at $455,000, it is attractively priced about 26% below the $617,000 median asking price in Guelph.

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Description

Welcome to this beautifully maintained Apartment in a professionally landscaped building, offering comfort, convenience, and excellent value. This bright open-concept layout features a spacious kitchen, living, and dining area with walk-out access to a private balcony showcasing pleasant views. Enjoy the convenience of two parking spaces-one underground and one surface parking spot-a rare and highly desirable feature. Ideally situated just minutes from the University of Guelph, Highway 401, shopping, schools, restaurants, and everyday amenities. Walmart and major retail stores are only a short drive away, providing exceptional convenience for homeowners, professionals, and investors alike. A fantastic opportunity to own a well-maintained home in a sought-after location. Don't miss out! ****Unit is also Listed for Rent MLS#: X13882620**** (id:66096)

Property Details

MLS®: X13655540
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 850 ft²
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $543/mo
Fee Includes: Water
Ownership: Condo/Strata
Property Tax: $3,228.69/yr
Listed: 88 days ago

Rooms

Flat

Living room: 4.25 x 3.35 meters
Dining room
Kitchen: 2.1 x 2.1 meters
Bedroom: 3.2 x 3.2 meters
Bedroom 2: 3.5 x 2.6 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, Microwave, Blinds
Flooring: Carpeted, Ceramic
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

88d

Guelph (Pineridge/Westminster Woods) listings, avg age

61d

Price / ft²

$536

List price

$455K

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 2-bed single family in Guelph (Pineridge/Westminster Woods) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE PINNACLE REAL ESTATE · FARIS AL-HOYIDY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1L)

This home lists at $455,000, about 4.0× the local median household income of $114,000.

Carrying it typically needs a household income of about $88,877 (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)

$455,000· $536/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,750

Min 5%50%

Mortgage payment$2,396/mo

↳ CMHC premium ($17,290 capitalized)

Property tax (est.)$269/mo

Condo fee$543/mo

Total monthly$3,209

Cash Needed to Close

Down payment (5%)$22,750

Land transfer tax$5,575

Est. closing costs$3,865

Total cash needed$32,190

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