$479,990

For sale

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#7 108 Cassino Avenue, Guelph (Grange Road) - Single Family for Sale

#7 108 Cassino Avenue, Guelph (Grange Road), Ontario, N1E6J5

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1 bd1 ba1 pk650 ft²+$318/mo

Listed by Royal LePage Royal City Realty

Investment analysis

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$479,990

Guelph

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Overview

This 2-bedroom, 1-bathroom condo in Guelph is for sale offering roughly 1,100 sq ft of space. Listed at $479,990, it is attractively priced about 8% below the $519,900 median asking price in Guelph. It has been on the market 35 days, fresher than the Guelph average of 44 days.

Condos for Sale in Guelph →All real estate in Guelph →

Description

Welcome to Prima, an intimate collection of condominium townhomes by Gemini Homes, set on a smaller site in a quiet, established area of East Guelph. The to-be-built Peony is a main-level interior stacked townhome offering 1,055 sq. ft. of thoughtfully designed, single-level living space with two bedrooms and one full bathroom. The open-concept kitchen, living and dining areas create a comfortable and functional layout, complemented by 9-foot ceilings and quality contemporary finishes. Stainless steel kitchen appliances are included, along with in-suite laundry and a limited-time complimentary storage locker. Each home will be Energy Star certified and includes central air conditioning. Conveniently located on Cassino Avenue near parks, schools, shopping, recreation and everyday amenities. Anticipated occupancy is late 2027. Sales information is available through Bosley Real Estate Ltd., Brokerage, located at Unit 7, 292 Stone Road West, Guelph. Images and renderings are artist concepts. Construction details and finishes may vary. See sales representative for full details. (id:66096)

Market Timing

Days on market

35d

Guelph (Grange Road) listings, avg age

44d

Price / ft²

$437

List price

$480K

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.

Area context

Neighbourhood profile (N1E)

This home lists at $479,990, about 5.0× the local median household income of $96,000.

Carrying it typically needs a household income of about $93,759 (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)

$479,990· $437/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,999.50

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,240 capitalized)

Est. property tax$0/mo

Condo fee$169/mo

Total monthly$2,697

Cash Needed to Close

Down payment (5%)$24,000

Land transfer tax$6,075

Est. closing costs$3,940

Total cash needed$34,014

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

#7 108 Cassino Avenue, Guelph (Grange Road) - Single Family for Sale

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Description

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Market Timing

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Neighbourhood profile (N1E)

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