12 Mayfield Avenue, Guelph, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Kortright East. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $699,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 102 x 110 ft lot size
- Notable attributes: None
Description
Discover a rare chance to build your dream home in one of Guelph's most desirable neighborhoods. Situated on the south end of the city, juststeps from the University of Guelph and adjacent to the picturesque Guelph Arboretum, this property offers an unbeatable combination oflocation and potential. With an impressive 102' of frontage, this expansive lot provides ample space to design and create a custom new buildperfectly tailored to your vision.Not only does this prime location provide easy access to nature trails and the serene beauty of the Arboretum,but it also offers the convenience of being close to shopping, dining, entertainment, and the vibrant university community. An added bonus is theopportunity to save on development charges and taxes. Please note, the property is being sold in "As is, where is" condition, providing a blank canvas for you to start fresh and create something truly extraordinary. Don't miss this chance to bring your dream home to life in one of Guelph's most sought-after areas.
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Property Summary
This vacant land located at 12 Mayfield Avenue, Guelph is currently for sale and has been available on SousaSells for 540 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 12 Mayfield Avenue, Guelph is in the Kortright East 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 12 Mayfield Avenue, Guelph, ON N1G 2L8
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 $699,000 in Guelph, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.
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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.