187 MUNICIPAL Street, Guelph, ON

$1,274,900
MLS#:X10876008
6 beds
3 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $1,274,900 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.

  • 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a spacious lot (Feet)
  • Features a walk-out, 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: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via unknown

Description

Amazing multigenerational home available for the first time. The lovely custom 2 storey has been meticulously cared for over the past 30 years. Fully permitted top to bottom with 2 kitchens, 6 bedrooms, 4 bathrooms. Perfectly located at the end of a dead end street, backing onto conservation and steps to the river walking trails. The property offers so many possibilities. Bright and airy with lots of large windows and skylights. The main floor has tonnes of space with large family room featuring a wood burning fireplace, large eat in kitchen, living dining room plus a large multi purpose room that currently is being used as the laundry/craft room. The walkout basement is perfect for entertaining with it's own beautiful wood burning fireplace in the massive recreation room. With great schools and walking distance to downtown you are perfectly situated. Easy access for commuters. There are so many possibilities when it comes to this home. Here's your opportunity to make it yours.

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Property Summary

This detached home located at 187 MUNICIPAL Street, Guelph is currently for sale and has been available on SousaSells for 647 days. This property is listed at $1,274,900 with an estimated mortgage of $4,244* per month. It has 6 beds, 3 bathrooms, and is 2000-2500 square feet. 187 MUNICIPAL Street, Guelph is in the Dovercliffe Park/Old University neighborhood.

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

Key Features

Bedrooms
6
Bathrooms
3
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 23, 2024
Sold price information is available to members only
Listed Date10/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding, Brick
BasementWalk-Out, Finished
CountyWellington
Annual Tax$6,821.39
Legal DescriptionLOT 21, PLAN 801 ; GUELPH

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceUnknown
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum

Security Features

Community Features

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Location

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187 MUNICIPAL Street, 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 187 MUNICIPAL Street, Guelph, ON N1G 4R3

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.

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Interest Rate4.00%
Down Payment$382,470 (30.0%)
* Minimum Canadian down payment required for this price is $254,980.
Amortization Period30 Years
Estimated Monthly Payment$4,244Based on a loan of $892,430 over 30 years.
Purchase Price$1,274,900
Loan Amount$892,430
Provincial Land Transfer Tax:$21,973
Total Estimated Closing Taxes:$21,973

About Purchasing a Home in Guelph, ON

For a property listed at $1,274,900 in Guelph, the legal minimum down payment is $254,980 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 $21,973 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 $21,973.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dovercliffe Park/Old University, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$879,899

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

Saint-René-Goupil
Public221 Scottsdale Drive, Guelph, Ontario, N1G 3A1
5.7
Priory Park
Public275 Scottsdale Drive, Guelph, Ontario, N1G 3A1
4.6
Mary Phelan
Public8 Bishop Court, Guelph, Ontario, N1G 2R9
7.4
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8
Fred A Hamilton
Public160 Ironwood Road, Guelph, Ontario, N1G 3R4
6.3

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
Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
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.