119 Fife Road, Guelph, ON

$550,000
MLS#:X8427418
3 beds
1 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Willow West/Sugarbush/West Acres. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $550,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 100.49 x 63.62 ft lot
  • Features a full, partially finished 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: In-Law Capability
  • Efficient baseboard heating via electric

Description

Welcome to 119 Fife Rd, Guelph, where dreams of DIY glory come to life! Nestled in the charming West End neighborhood, this 3-bed, 1-bath raised bungalow is your golden opportunity to transform a 1974 time capsule into your very own masterpiece. Boasting 1,133 square feet of "potential" on a spacious 100' x 60' corner lot, this property is a canvas waiting for your artistic touch. As you approach, youll be greeted by the home's quaint curb appeal, but step inside to discover a canvas so blank its practically daring you to bring a paintbrush. The living room features a large window + the layout flows seamlessly into the dining area + a generously sized kitchen area. Here, you have ample room to design modern amenities and stylish finishesimagine stainless steel appliances + even an island. The 3 bedrooms are well-proportioned, perfect for creating cozy retreats or setting up your own mini-gym or home office. The 4-pc bathroom sports a brand-new toilet + sink, which is a good start. Now, lets talk about the walkout basement. With its own entrance from the driveway, its just begging to be turned into an apartment, in-law suite, or rec room. Of course, youll need the City of Guelph permits, but think of the rental income potentialor the peace of mind knowing your in-laws have their own space! The backyard is your oysterperfect for entertaining, gardening, or turning your child or dog into an outdoor explorer. The single garage offers additional storage or workshop space. Yes, this home requires significant renovation, but the possibilities are endless. Imagine opening up the floor plan for a more contemporary feel, adding energy-efficient windows or an accessory apartment. With close proximity to schools, shopping, dining, and parks, its the perfect spot for families, professionals, + future DIY reality TV stars. So, put on your tool belt, channel your inner home improvement guru, and get ready to make 119 Fife Rd the talk of the neighbourhood.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 13, 2024
Sold price information is available to members only
Listed Date6/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementFull, Partially Finished
Lot Size100.49 × 63.62 Feet
CountyWellington
Annual Tax$3,810.14
Legal DescriptionLOT 33, PLAN 644 ; GUELPH

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Park, Place Of Worship, Public Transit, School

Interior Features

In-Law Capability

Security Features

Community Features

Location

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119 Fife Road, 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 119 Fife Road, Guelph, ON N1H 6Y1

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph.

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Interest Rate5.25%
Down Payment$30,000 (5.5%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period25 Years
Estimated Monthly Payment$3,099Based on a loan of $520,000 over 25 years.
Purchase Price$550,000
Loan Amount$520,000
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Guelph, ON

For a property listed at $550,000 in Guelph, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.

Nearby Listings

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No current listings found in Guelph.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Willow West/Sugarbush/West Acres, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$832,307

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 Peter
Public150 Westwood Road, Guelph, Ontario, N1H 7G1
4.5
St Francis of Assisi
Public287 Imperial Road South, Guelph, Ontario, N1K 1Z4
5.3
Westwood
Public495 Willow Road, Guelph, Ontario, N1H 7C7
8.0
Mitchell Woods
Public670 Willow Road, Guelph, Ontario, N1H 8K2
5.8
Taylor Evans
Public271 Stephanie Drive, Guelph, Ontario, N1K 1T1
6.7

Secondary Schools

Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6
Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0
Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0

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.