$469,900

For sale

#410 2 Colonial Drive, Guelph (Pineridge/Westminster Woods) - Single Family for Sale

#410 2 Colonial Drive, Guelph (Pineridge/Westminster Woods), Ontario, N1L0K8

2 beds2 baths2 parking850 ft²$543/mo condo feeListed 97 days ago

Overview

This 2-bedroom, 2-bathroom condo in Guelph is for sale offering roughly 850 sq ft of space. Listed at $469,900, it is attractively priced about 24% below the $617,000 median asking price in Guelph.

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Description

Relax and enjoy this move-in ready boutique condo conveniently located in one of the most desirable areas of Guelph. Beautifully well-kept, modern unit... the perfect opportunity for an investor, commuter or someone seeking a safe, quiet spot to retreat in the city. Located on the top-floor, this 2 bedroom, 2 bathroom corner unit features 2 exclusive parking spots (one underground) and plenty of visitor parking. The kitchen features plenty of cupboard space and a breakfast bar. Relax in the large and spacious living room with north facing windows and balcony wrap around providing endless light with priceless views and spectacular sunsets... something you must see to believe! The property is located on both city and GO bus routes, within 1 kilometre of numerous grocery stores, schools, public library, theatre, banks, and restaurants. Minutes to UofG and 401. Call today and book your viewing! (id:66096)

Property Details

MLS®: X13627372
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
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, Insurance
Ownership: Condo/Strata
Property Tax: $3,434/yr
Listed: 97 days ago

Rooms

Main level

Primary Bedroom: 3.04 x 3.25 meters
Bedroom: 2.95 x 3.44 meters
Kitchen: 2.88 x 2.5 meters
Living room: 3.63 x 4.78 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
Exterior: Concrete, Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

97d

Guelph (Pineridge/Westminster Woods) listings, avg age

61d

Price / ft²

$553

List price

$470K

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 RE/MAX Real Estate Centre Inc · ROSE ENCHIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1L)

This home lists at $469,900, about 4.1× the local median household income of $114,000.

Carrying it typically needs a household income of about $91,788 (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)

$469,900· $553/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Property tax (est.)$286/mo

Condo fee$543/mo

Total monthly$3,305

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$5,873

Est. closing costs$3,910

Total cash needed$33,278

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