$543,274

For sale

#54 331 Clair Road East, Guelph (Pineridge/Westminster Woods) - Single Family for Sale

#54 331 Clair Road East, Guelph (Pineridge/Westminster Woods), Ontario, N1L0C4

2 beds2 baths1 parking1,100 ft²$237/mo condo feeListed 49 days ago

Overview

This 2-bedroom, 2-bathroom condo in Guelph is for sale offering roughly 1,100 sq ft of space. Listed at $543,274, it is attractively priced about 12% below the $617,000 median asking price in Guelph. It has been on the market 49 days, fresher than the Guelph average of 63 days.

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Description

Open House this Saturday and Sunday 12-4pm. Hosted at 42 Lowes Rd W, Guelph! Welcome to this rare 1050sqft 2-bedroom, 2-bathroom urban townhome in desirable South Guelph. Built by award-winning Reid's Heritage Homes. An inviting open-concept layout, and stylish modern finishes throughout.The main living space features premium quartz countertops, stainless steel appliances, and contemporary finishes, creating a polished yet comfortable setting for everyday living and entertaining. With the added confidence of a full Tarion Warranty and 2028 move in date. It offers peace of mind for first-time buyers, downsizers, investors, or anyone looking for a low-maintenance lifestyle. Enjoy the convenience of the Clair Road East and Gordon Street corridor, close to shopping, restaurants, cafés, fitness, parks, trails, schools, and everyday amenities. Easy access to major roadways, including the Hanlon Parkway and the 401, makes commuting throughout Guelph and surrounding communities convenient. With low maintenance fees, included parking, and an excellent South Guelph location, this is an ideal opportunity to enjoy modern townhome living without the upkeep of a traditional detached home. Photos are of the Model Home. Actual finishes may vary slightly.The purchase price set out above is net of HST. How HST will be addressed will be determined at the time the Purchaser enters the agreement of purchase and sale, based on the status of the existing HST Rebates announced by the provincial and federal governments. This home is not yet built. (id:66096)

Property Details

MLS®: X13791928
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $237/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Listed: 49 days ago

Rooms

Second level

Kitchen: 2.34 x 3.4 meters
Living room: 3.56 x 3.05 meters
Dining room: 2.87 x 2.97 meters
Bedroom: 3.07 x 3.18 meters
Bedroom 2: 2.87 x 2.97 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, Dryer, Microwave, Water Heater
Exterior: Steel, Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Guelph (Pineridge/Westminster Woods) listings, avg age

63d

Price / ft²

$494

List price

$543K

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 49 days, which is 14 days fresher than the city average of 63. Act while there is still low competition.

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Listed by Eleven Eleven Real Estate Services Inc. · LIZ DOMINGUES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1L)

This home lists at $543,274, about 4.8× the local median household income of $114,000.

Carrying it typically needs a household income of about $106,120 (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)

$543,274· $494/ft²

For sale

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Full Cost Breakdown

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Down Payment5.40% · $29,327.40

Min 5.40%50%

Mortgage payment$2,849/mo

↳ CMHC premium ($20,558 capitalized)

Est. property tax$0/mo

Condo fee$237/mo

Total monthly$3,086

Cash Needed to Close

Down payment (5.40%)$29,327

Land transfer tax$7,340

Est. closing costs$4,130

Total cash needed$40,798

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