8 Reid Court, Guelph, ON

$700,000
MLS#:X9042839
5 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Kortright West. Expertly crafted featuring premium aluminum siding and brick front construction, this residence presents an exceptional opportunity offered at $700,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 30 x 100 ft lot
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater
  • equipped with ["window unit(s)"] central cooling and highly efficient baseboard heating via electric

Discover the perfect starter home or investment at 8 Reid Court. Located on a cul-de-sac and just a short drive or bus ride from the University of Guelph, this 5 bedroom, 2-bathroom home is brimming with potential for those with a willingness to invest some effort. The living and dining areas provide ample space for a family, while the well-sized bedrooms offer comfort and versatility. The sizable backyard is backs on to a park creating a feeling of spaciousness. This home is an excellent investment opportunity, especially for those looking to provide convenient housing for University of Guelph students. Additionally, there's a low-rate mortgage that may be available to assume, making this property even more affordable. Whether you're a first-time homebuyer eager to create your ideal living space to raise a family or a parent seeking a convenient home for your U of G student and their friends, 8 Reid Court offers an exceptional opportunity. Embrace the potential of this property and make it your own.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 1, 2024
Sold price information is available to members only
Listed Date7/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Brick Front
Lot Size30 × 100 Feet
CountyWellington
Annual Tax$4,539.57
Legal DescriptionPT LOT 47, PLAN 697 , PART 2 , 61R3139 ; GUELPH

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Window Unit(s)"]

Features

Property Features

Cul de Sac/Dead End, Greenbelt/Conservation, Place Of Worship, Public Transit, School

Community Features

Location

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8 Reid Court, Guelph, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 8 Reid Court, Guelph, ON N1G 3R6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$560,000
Monthly Mortgage$3,254
Property Tax (Est.)$378
Utilities & Maint.$350
Total Monthly Cost$3,982

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Guelph.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kortright West, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$806,264

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Local Schools Guide

Elementary Schools

St Michael
Public9 McElderry Road, Guelph, Ontario, N1G 4W7
6.5
Rickson Ridge
Public177 Rickson Avenue, Guelph, Ontario, N1G 4Y6
7.9
Jean Little
Public56 Youngman Drive, Guelph, Ontario, N1G 4L2
7.9
Fred A Hamilton
Public160 Ironwood Road, Guelph, Ontario, N1G 3R4
6.3
Priory Park
Public275 Scottsdale Drive, Guelph, Ontario, N1G 3A1
4.6

Secondary Schools

Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0
Bishop Macdonell
Public200 Clair Road West, Guelph, Ontario, N1L 1G1
8.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.