116 Severn Drive, Guelph, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Grange Road. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $999,000 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 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 39.61 x 104.98 ft lot
- Features a finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning double car garage home located in a quite most desirable neighborhoods of Guelph. This detached home is fully renovated with modern finishes & a Legal walkout finished basement already rented- start collecting rent from day one. Your perfect family home search ends here. It can be a great Mortgage helper or a money making investment. This home is overlooking a park in the front & pond views in the back. Huge front porch welcomes you into an open to above foyer. Host your outdoor events on a huge deck with gazebo in the backyard. Legally Finished with city building codes walkout basement that has a separate entrance, kitchen, 3 piece washroom & a good size bedroom which is currently rented (can also be vacated if needed before buyer possession). Separate laundries for upstairs & basement apartment. Very spacious carpet free home. Don't miss this opportunity of home ownership. House comes with the additional unit certificate.
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Property Summary
This detached home located at 116 Severn Drive, Guelph is currently for sale and has been available on SousaSells for 117 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 116 Severn Drive, Guelph is in the Grange Road neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 116 Severn Drive, Guelph, ON N1E 7K6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Guelph, ON
For a property listed at $999,000 in Guelph, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.
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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.