$315,000

For sale

#407 65 Silvercreek Parkway North, Guelph (Junction/Onward Willow) - Single Family for Sale

#407 65 Silvercreek Parkway North, Guelph (Junction/Onward Willow), Ontario, N1H7R9

2 beds1 bath1 parking950 ft²$644/mo condo feeListed 65 days ago

Overview

This 2-bedroom, 1-bathroom condo in Guelph is for sale offering roughly 950 sq ft of space. Listed at $315,000, it is attractively priced about 18% below the $385,000 median asking price in Guelph. It has been on the market 65 days, fresher than the Guelph average of 75 days.

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Description

Welcome to this 2-bedroom, top-floor corner unit! The spacious primary bedroom features a walk-in closet, while the updated bathroom and modern kitchen with stainless steel appliances add to the home's appeal. Enjoy the convenience of large in-suite storage/pantry space and flooring replaced throughout most of the unit in 2022, along with the kitchen. Step outside to the enclosed, east-facing balcony offering peaceful views of the surrounding trees-perfect for enjoying your morning coffee. The building offers shared laundry and a community room, while the condo fee includes water. Ideally located within walking distance to shops and schools, and just minutes from the Hanlon Parkway for an easy commute. Don't miss this fantastic opportunity perfect for first time buyers or those wanting to down size. (id:66096)

Property Details

MLS®: X13727406
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Garage: No Garage
Condo Fee: $644/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,062.28/yr
Listed: 65 days ago

Rooms

Main level

Bathroom: 2.16 x 1.52 meters
Bedroom: 3.9 x 2.76 meters
Primary Bedroom: 4.92 x 3.04 meters
Kitchen: 2.5 x 2.27 meters
Dining room: 3.46 x 2.65 meters
Pantry: 1.67 x 1.74 meters
Living room: 5.3 x 3.41 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove
Exterior: Brick, Vinyl siding
Lot Features: Elevator, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

65d

Guelph (Junction/Onward Willow) listings, avg age

75d

Price / ft²

$332

List price

$315K

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 2-bed single family in Guelph (Junction/Onward Willow) has been listed for 65 days, which is 10 days fresher than the city average of 75. Act while there is still low competition.

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Listed by Coldwell Banker Neumann Real Estate · KAILEY CLARKE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1H)

This home lists at $315,000, about 4.1× the local median household income of $77,000.

Carrying it typically needs a household income of about $61,531 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,000
Population: 42,178
Median age: 41.2
Owner / renter: 54% / 46%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N1H)

$315,000· $332/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,750

Min 5%50%

Mortgage payment$1,659/mo

↳ CMHC premium ($11,970 capitalized)

Property tax (est.)$172/mo

Condo fee$644/mo

Total monthly$2,475

Cash Needed to Close

Down payment (5%)$15,750

Land transfer tax$3,200

Est. closing costs$3,445

Total cash needed$22,395

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