183 Cole Road, Guelph, ON

$799,900
MLS#:X11888353
5 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Kortright West. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $799,900 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.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 29.35 x 161 ft lot
  • Features a finished, full 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: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

183 Cole Road is a fantastic 5-bedroom home situated on a large lot in a prime location, making it ideal for large families or investors! Its within walking distance to the University of Guelph and Stone Road Mall, placing shops, restaurants and amenities at your fingertips. A short 20-minutebus ride or a 5-minute drive takes you to campus, making it particularly appealing as a student rental option. Stepping inside, you'll find the bright living room with laminate floors and plenty of natural light, creates a welcoming atmosphere. The kitchen boasts white cabinetry, tiled backsplash, generous counter space and sliding doors that open to a private backyard oasis. There are 2 spacious main-floor bedrooms featuring large windows and ample closet space. The modern 4-piece bathroom with a shower/tub combo and updated vanity completes the main level. The finished basement expands your living space, offering 3 additional bedrooms and another 4-piece bathroom. One of the bedrooms even includes a partially separate office or living area. Outside, you'll find a large 2-tiered deck with a pergola overlooking a fully fenced expansive yard. The left side has a wall of large trees, which creates plenty of privacy. There is a shed for your storage needs. With Stone Road Mall, fitness centres, LCBO, banks, shops and a range of amenities just a short stroll away and easy access to the Hanlon Parkway and 401 for commuting, this home truly has it all!

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Property Summary

This detached home located at 183 Cole Road, Guelph is currently for sale and has been available on SousaSells for 583 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 183 Cole Road, Guelph is in the Kortright West neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 21, 2025
Sold price information is available to members only
Listed Date12/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFinished, Full
Lot Size29.35 × 161 Feet
CountyWellington
Annual Tax$4,843.08
Legal DescriptionPT LOT 2, PLAN 728 , PART 3 , 61R3523 ; GUELPH

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

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

Interior Features

None

Security Features

Community Features

Location

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183 Cole 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 183 Cole Road, Guelph, ON N1G 4A2

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.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Guelph, ON

For a property listed at $799,900 in Guelph, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kortright West, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$839,002

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

Rickson Ridge
Public177 Rickson Avenue, Guelph, Ontario, N1G 4Y6
7.9
St Michael
Public9 McElderry Road, Guelph, Ontario, N1G 4W7
6.5
Jean Little
Public56 Youngman Drive, Guelph, Ontario, N1G 4L2
7.9
Fred A Hamilton
Public160 Ironwood Road, Guelph, Ontario, N1G 3R4
6.3
Priory Park
Public275 Scottsdale Drive, Guelph, Ontario, N1G 3A1
4.6

Secondary Schools

Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0
Bishop Macdonell
Public200 Clair Road West, Guelph, Ontario, N1L 1G1
8.2

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.