2 Westmount Road, Guelph, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Exhibition Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $845,000 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.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 63.15 x 112.07 ft lot
- Features a apartment, finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, In-Law Suite, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via wood
Description
BUNGALOW l LEGAL 3-BEDROOM BASEMENT | 5% CAP RATE l DETACHED 2-CAR GARAGE | PARKING FOR 6 | CORNER LOT | STEPS TO EXHIBITION PARK | CLOSE TO DOWNTOWN GUELPH Welcome to 2 Westmount Road, Guelph-a beautifully updated multi-family home situated on a desirable corner lot just 300 meters from Exhibition Park and minutes from Downtown Guelph. Conveniently located near excellent schools, including Guelph Collegiate Vocational Institute and Our Lady of Lourdes Catholic High School, as well as St. Joseph's Health Centre, shopping, parks, and everyday amenities. The main level features 3 spacious bedrooms, a bright living room with a fireplace, and a modern kitchen. Original hardwood flooring remains underneath the vinyl flooring and is in excellent condition. A full bathroom and separate main-floor laundry complete this level. The legal lower-level offers 3 bedrooms, a separate entrance, its own kitchen, living room, full bathroom, and private laundry facilities-an excellent opportunity for rental income, mortgage assistance, or multi-generational living. Additional highlights include a 200-amp electrical panel, a detached 2-car garage that is ideal for car enthusiasts, a workshop, or potential future accessory unit opportunities (subject to municipal approvals), plus a driveway that accommodates 4 vehicles for a total of 6 parking spaces. Whether you're an investor, multi-generational family, or homeowner looking for additional income potential, this versatile property offers exceptional value in one of Guelph's most sought-after neighborhoods. This home just feels right!
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Property Summary
This detached home located at 2 Westmount Road, Guelph is currently for sale and has been available on SousaSells for 32 days. This property is listed at $845,000 with an estimated mortgage of $2,813* per month. It has 6 beds, 2 bathrooms, and is 1100-1500 square feet. 2 Westmount Road, Guelph is in the Exhibition Park neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Interior Features
Accessory Apartment, In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 Westmount Road, Guelph, ON N1H 5H2
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 $845,000 in Guelph, the legal minimum down payment is $59,500 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 $13,375 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 $13,375.
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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.