$410,000

For sale

#411 415 Grange Road, Guelph (Grange Road) - Single Family for Sale

#411 415 Grange Road, Guelph (Grange Road), Ontario, N1E0C4

2 beds1 bath1 parking850 ft²$375/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 1-bathroom condo in Guelph is for sale offering roughly 850 sq ft of space. Listed at $410,000, it is attractively priced about 21% below the $519,900 median asking price in Guelph. It has been on the market 21 days, fresher than the Guelph average of 44 days.

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Description

Unobstructed South-East View! This bright and spacious 1-bedroom + den, 1-bathroom condo offers abundant natural light throughout the day. Freshly painted and move-in ready, it features an open-concept living and dining area with laminate flooring throughout. Enjoy the convenience of ensuite laundry, one parking space, and a storage locker. Step out onto your private south-east-facing balcony to enjoy your own outdoor retreat. Low-maintenance condo living in a desirable Guelph neighbourhood, conveniently located close to schools, parks, public transit, shopping, and everyday amenities. Hadati Creek Wetlands for nature lovers and the Laura Baily Memorial Trail. Community Park for variety of outdoor recreation, including walking trails, sports fields, splash pad, playground, pump track, and disc golf. An excellent opportunity for first-time buyers, downsizers, or investors! (id:66096)

Property Details

MLS®: X14080330
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $375/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,048.59/yr
Listed: 21 days ago

Rooms

Main level

Living room: 5.67 x 5.45 meters
Dining room: 5.67 x 5.45 meters
Kitchen: 3.08 x 2.53 meters
Primary Bedroom: 3.84 x 3.08 meters
Den: 2.59 x 1.55 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, Hood Fan, Window Coverings, Water Heater
Flooring: Laminate, Ceramic
Exterior: Brick
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Guelph (Grange Road) listings, avg age

44d

Price / ft²

$483

List price

$410K

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 (Grange Road) has been listed for 21 days, which is 23 days fresher than the city average of 44. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · SANDY BHUTANI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1E)

This home lists at $410,000, about 4.3× the local median household income of $96,000.

Carrying it typically needs a household income of about $80,087 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $96,000
Population: 44,799
Median age: 38.4
Owner / renter: 74% / 26%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1E)

$410,000· $483/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,500

Min 5%50%

Mortgage payment$2,159/mo

↳ CMHC premium ($15,580 capitalized)

Property tax (est.)$254/mo

Condo fee$375/mo

Total monthly$2,788

Cash Needed to Close

Down payment (5%)$20,500

Land transfer tax$4,675

Est. closing costs$3,730

Total cash needed$28,905

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