$472,475

For sale

#55 331 Clair Road East, Guelph (Pineridge/Westminster Woods) - Single Family for Sale

#55 331 Clair Road East, Guelph (Pineridge/Westminster Woods), Ontario, N1L0C4

2 beds2 baths1 parking750 ft²$165/mo condo feeListed 50 days ago

Overview

This 2-bedroom, 2-bathroom condo in Guelph is for sale offering roughly 750 sq ft of space. Listed at $472,475, it is attractively priced about 23% below the $617,000 median asking price in Guelph. It has been on the market 50 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! Be the first owner of this thoughtfully designed 2-bedroom, 2-bathroom, 780 sq. ft. single-level stacked townhome at The Block on Clair! Offering a smart layout that blends natural light, comfort, and everyday functionality. This brand-new residence features a bright, open-concept living space with stainless steel appliances, quartz countertops, and contemporary finishes showcasing the trusted craftsmanship of Reid's Heritage Homes. One parking space is included, adding convenience and value for homeowners and investors alike. Ideally located on Clair Road East, this home offers easy access to everyday amenities, shopping, dining, schools, parks, and major routes throughout Guelph. Enjoy convenient connections to the University of Guelph, downtown Guelph, and Highway 6, making this an excellent opportunity for first-time buyers, professionals, down sizers, and investors seeking a low-maintenance home in a growing and well-connected area. 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®: X13791684
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $165/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Listed: 50 days ago

Rooms

Main level

Living room: 3.43 x 3.78 meters
Bedroom 2: 2.79 x 3.05 meters
Bedroom: 3.15 x 2.74 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: Lighting, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Guelph (Pineridge/Westminster Woods) listings, avg age

63d

Price / ft²

$630

List price

$472K

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 50 days, which is 13 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. · LORI FARIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1L)

This home lists at $472,475, about 4.1× the local median household income of $114,000.

Carrying it typically needs a household income of about $92,291 (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)

$472,475· $630/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,623.75

Min 5%50%

Mortgage payment$2,489/mo

↳ CMHC premium ($17,954 capitalized)

Est. property tax$0/mo

Condo fee$165/mo

Total monthly$2,654

Cash Needed to Close

Down payment (5%)$23,624

Land transfer tax$5,925

Est. closing costs$3,917

Total cash needed$33,465

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