$299,900

For saleJust listed

#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 2 days ago

Overview

This 2-bedroom, 1-bathroom condo in Guelph is for sale offering roughly 950 sq ft of space. Listed at $299,900, it is attractively priced about 22% below the $385,000 median asking price in Guelph. It has been on the market 2 days, fresher than the Guelph average of 75 days.

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Description

A great opportunity to get into the market or simplify your lifestyle! This inviting 2-bedroom top-floor corner unit offers a comfortable layout, thoughtful updates and a convenient location. The primary bedroom includes a walk-in closet, while the updated bathroom and modern kitchen with stainless steel appliances bring a fresh feel to the space. Enjoy the added convenience of generous in-suite storage and pantry space, along with updated flooring throughout most of the unit and a refreshed kitchen, both completed in 2022. The enclosed east-facing balcony provides a quiet spot to enjoy your morning coffee while taking in the surrounding treed views. Residents also have access to shared laundry and a community room, with water included in the condo fees. Conveniently located within walking distance to shopping and schools, and just minutes from the Hanlon Parkway for easy access around the city. An excellent opportunity for first-time buyers, downsizers or anyone looking for low-maintenance living! (id:66096)

Property Details

MLS®: X14139214
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: 2 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

Guelph (Junction/Onward Willow) listings, avg age

75d

Price / ft²

$316

List price

$300K

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 (Junction/Onward Willow) has been listed for 2 days, which is 73 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 $299,900, about 3.9× the local median household income of $77,000.

Carrying it typically needs a household income of about $58,581 (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)

$299,900· $316/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,995

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,396 capitalized)

Property tax (est.)$172/mo

Condo fee$644/mo

Total monthly$2,395

Cash Needed to Close

Down payment (5%)$14,995

Land transfer tax$2,974

Est. closing costs$3,400

Total cash needed$21,369

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