18 Cherrywood Drive, Guelph, ON

$849,900
MLS#:X9258486
3 beds
3 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 26, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Willow West/Sugarbush/West Acres. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $849,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 46.13 x 115 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover 18 Cherrywood Drive, a delightful 3-bedroom home with a stunning backyard oasis nestled on a serene street in a family-friendly neighbourhood. The eat-in kitchen features granite countertops, a tiled backsplash, a pantry cupboard, and a large breakfast bar ideal for prep work and hosting guests. The dinette area, with its large bay window and sliding doors, invites you to enjoy your morning coffee while overlooking the backyard. For more formal occasions, the spacious living room with solid hardwood floors sets the stage for memorable gatherings. Flowing seamlessly from the living room is the bright and airy family room, characterized by vaulted ceilings and a beautiful arched feature window. The cozy family room, complete with solid hardwood floors and a fireplace, offers a warm and inviting atmosphere. Convenience is key with main floor laundry and a powder room rounding out this level. Upstairs, the primary bedroom impresses with ample closet space and a 4-piece ensuite featuring a deep jacuzzi tub and separate shower. Two additional generously sized bedrooms with hardwood floors share a 4-piece main bathroom with a shower/tub combo. The finished basement provides extra living space with a versatile recreation room, perfect for a variety of activities. Outside, the two-tiered back deck with a pergola overlooks a spacious, fully fenced backyard, complete with a tranquil pond and ample privacy provided by a tall wood fence and mature trees. A shed offers additional storage for all your needs. This home is conveniently located just down the street from Stephanie Drive Park, Taylor Evans Public School, and St. Francis of Assisi Catholic School, with several other schools and parks within walking distance. Nearby, you'll find a shopping centre with Zehrs, Costco, LCBO, various shops, dining options, and more. Easy access to the Hanlon Parkway ensures a smooth commute.

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Property Summary

This detached home located at 18 Cherrywood Drive, Guelph is currently for sale and has been available on SousaSells for 699 days. This property is listed at $849,900 with an estimated mortgage of $2,829* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 18 Cherrywood Drive, Guelph is in the Willow West/Sugarbush/West Acres neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 26, 2024
Sold price information is available to members only
Listed Date8/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Aluminum Siding
BasementFull, Finished
Lot Size46.13 × 115 Feet
CountyWellington
Annual Tax$6,453.05
Legal DescriptionLOT 14, PLAN 789 ; GUELPH

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Library, Park, Public Transit, Place Of Worship, School

Interior Features

Water Softener, Central Vacuum

Security Features

Community Features

Location

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18 Cherrywood Drive, 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 18 Cherrywood Drive, Guelph, ON N1K 1R2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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 Rate4.00%
Down Payment$254,970 (30.0%)
* Minimum Canadian down payment required for this price is $59,990.
Amortization Period30 Years
Estimated Monthly Payment$2,829Based on a loan of $594,930 over 30 years.
Purchase Price$849,900
Loan Amount$594,930
Provincial Land Transfer Tax:$13,473
Total Estimated Closing Taxes:$13,473

About Purchasing a Home in Guelph, ON

For a property listed at $849,900 in Guelph, the legal minimum down payment is $59,990 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 $13,473 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 $13,473.

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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$831,247

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.