Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Victoria North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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.
Tucked away on a peaceful, family-oriented cul-de-sac in North-East Guelph, 7 Teakwood Place offers the perfect blend of quiet neighbourhood comfort and smart, spacious design. From the moment you pull up to this solid brick bungalow, the pride of ownership and expansive curb appeal are immediately clear, sitting beautifully on a premium, mature corner lot with rare oversized double car garage with electric car charger. The moment you step inside, the home's character shines through, anchored by a warm family room featuring a beautiful brick fireplace and mantel. The kitchen seamlessly blends functionality with a layout made for entertaining. It offers generous cupboard storage and a central island that positions the cooktop so you can face your guests while preparing meals. With ample space for family dinners, the room flows beautifully through sliding doors to a private, gazebo-covered deck-making the transition from indoor cooking to outdoor dining completely seamless. No need to wait for summer-the built-in indoor BBQ is fully functional and ready for year-round family dinners. Separated for privacy, the home offers three quiet bedrooms, highlighted by a remarkably spacious primary retreat with sliding door access direct to the backyard. The warmth continues downstairs into the fully finished basement (2021), doubling your usable living space, a massive recreation room. This lower level is rounded out with a 3-piece bathroom, a dedicated laundry room, and plenty of storage including a generously sized crawl-space. Step outside into your private, sprawling backyard. There is endless room for pets to run, kids to play, or for hosting summer BBQs under the mature trees. Also featuring a rare; 105 sqft, climate controlled, fully powered, stand alone office space, that serves as the ultimate, quiet sanctuary for a home office, art studio, or creative space. 200amp service. This is more than just a house - it's the place your family will love to call home.
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This detached home located at 7 Teakwood Place, Guelph is currently for sale and has been available on SousaSells for 1 day. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 7 Teakwood Place, Guelph is in the Victoria North neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Cul de Sac/Dead End, Fenced Yard
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Data-driven valuation for 7 Teakwood Place, Guelph, ON N1E 6G7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph.
About Purchasing a Home in Guelph, ON
For a property listed at $899,900 in Guelph, the legal minimum down payment is $64,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,473 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,473.
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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.