$399,900

For sale

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#311 2 Colonial Drive, Guelph (Pineridge/Westminster Woods) - Single Family for Sale

#311 2 Colonial Drive, Guelph (Pineridge/Westminster Woods), Ontario, N1L0K8

2 beds1 bath2 parking ft²

#406 1880 Gordon Street, Guelph (Pineridge/Westminster Woods), Ontario, N1L0P5

1 bd1 ba1 pk850 ft²+$600/mo

Listed by Royal LePage Royal City Realty

#504 1882 Gordon Street, Guelph (Pineridge/Westminster Woods), Ontario, N1L0P6

For saleJust listed

2 days ago

$596K

#504 1882 Gordon Street, Guelph (Pineridge/Westminster Woods), Ontario, N1L0P6

2 bd2 ba1 pk1,100 ft²+$444/mo

Listed by Coldwell Banker Neumann Real Estate

#711 1878 Gordon Street, Guelph (Pineridge/Westminster Woods), Ontario, N1L0P4

For saleJust listed

3 days ago

$675K

#711 1878 Gordon Street, Guelph (Pineridge/Westminster Woods), Ontario, N1L0P4

3 bd2 ba1 pk1,100 ft²+$707/mo

#14 105 Bard Boulevard, Guelph (Pineridge/Westminster Woods), Ontario, N1L0E2

3 bd3 ba2 pk1,500 ft²+$165/mo

Listed by HOMELIFE LANDMARK REALTY INC.

Investment analysis

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$399,900

Guelph

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$543/mo condo fee

Overview

This 2-bedroom, 1-bathroom condo in Guelph is for sale offering roughly 850 sq ft of space. Listed at $399,900, it is attractively priced about 35% below the $617,000 median asking price in Guelph. It has been on the market 21 days, fresher than the Guelph average of 62 days.

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

Description

Bright & Beautiful Corner Suite! This open, inviting 2-bedroom suite offers abundant natural light, with four large windows in the main living area. Enjoy newer laminate flooring in the living room & both bedrooms, and a newer washer/dryer & stove. The spacious primary bedroom features a sliding-door walkout to an open balcony, a double closet, and semi-ensuite access. Ideally situated in a quiet location overlooking the inner courtyard-away from the road. Includes 2 parking spaces and ensuite laundry. Building amenities include a gym and party room. Bright corner suites like this rarely become available-don't miss it! (id:66096)

Property Details

MLS®: X14031580
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $543/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,840/yr
Listed: 21 days ago

Rooms

Main level

Foyer: 3.39 x 2.01 meters
Kitchen: 4.75 x 2.88 meters
Living room: 4.75 x 3.56 meters
Primary Bedroom: 3.76 x 3.75 meters
Bedroom 2: 3.14 x 2.65 meters
Bathroom: 2.96 x 1.8 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, Intercom, Dishwasher, Stove, Dryer, Blinds, Garage door opener remote(s)
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Guelph (Pineridge/Westminster Woods) listings, avg age

62d

Price / ft²

$471

List price

$400K

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) has been listed for 21 days, which is 41 days fresher than the city average of 62. Act while there is still low competition.

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Listed by Coldwell Banker Neumann Real Estate · GREG WAND

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1L)

This home lists at $399,900, about 3.5× the local median household income of $114,000.

Carrying it typically needs a household income of about $78,114 (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)

$399,900· $471/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$320/mo

Condo fee$543/mo

Total monthly$2,970

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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