271 Riverview Place, Guelph, ON

$1,274,999
MLS#:X11925280
6 beds
3 baths
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Riverside Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,274,999 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
  • Spacious lot size measured in Feet
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 271 Riverview Place, where luxury meets tranquility meets entertainers delight, with a wonderfully versatile home. Pride of ownership is apparent in this one of a kind property that is located in a quiet, private community with just 22 homes, between The Guelph Country Club Golf Course and Riverside Park. This stunning home features a total of 6 bedrooms which can be used as a den, office, gym, hobby room, guest rooms, or more! Upon entering you'll find a welcoming foyer, an open concept living/dining room with fireplace, skylight and beautiful views of the ravine, as well as 2 walkouts to the upper deck. There is a large eat-in kitchen with ample cupboards, countertops and a pantry. Three bedrooms (the master with walk in closet and a serene spa bath), another 4 piece and a main floor laundry with garage access. The lower level has another 3 bedrooms, a 4 piece bath, a walkout to another deck with stunning views, and a 7 seat theatre room that also has its own bar area! Don't forget the secret entrance to a large storage / utility room and cold room. Add a double car garage plus room for 2 more cars in the drive, along with landscaping and snow removal services, and you have a wonderful place to call home.

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Property Summary

This detached home located at 271 Riverview Place, Guelph is currently for sale and has been available on SousaSells for 547 days. This property is listed at $1,274,999 with an estimated mortgage of $4,244* per month. It has 6 beds, 3 bathrooms, and is unknown square feet. 271 Riverview Place, Guelph is in the Riverside Park neighborhood.

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

Key Features

Bedrooms
6
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 23, 2025
Sold price information is available to members only
Listed Date1/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished with Walk-Out
CountyWellington
Annual Tax$8,722.33
Legal DescriptionUNIT 5, LEVEL 1, WELLINGTON VACANT LAND CONDOMINIUM PLAN NO. 99 AND ITS APPURTENANT INTEREST. THE DESCRIPTION OF THE CONDOMINIUM PROPERTY IS : PT BROKEN FRONT LOT 1 DIV F GUELPH TOWNSHIP DES PTS 2-7 INCL, 18 & 19, 61R8836; S/T 723

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Central Vacuum, Primary Bedroom - Main Floor, Water Softener

Security Features

Community Features

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Location

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271 Riverview Place, 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 271 Riverview Place 5, Guelph, ON N1E 7G9

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$382,500 (30.0%)
* Minimum Canadian down payment required for this price is $255,000.
Amortization Period30 Years
Estimated Monthly Payment$4,244Based on a loan of $892,499 over 30 years.
Purchase Price$1,274,999
Loan Amount$892,499
Provincial Land Transfer Tax:$21,975
Total Estimated Closing Taxes:$21,975

About Purchasing a Home in Guelph, ON

For a property listed at $1,274,999 in Guelph, the legal minimum down payment is $255,000 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 $21,975 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 $21,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$715,385

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

L'Odyssée
Public30 Brighton Street, Guelph, Ontario, N1E 3S9
3.3
Edward Johnson
Public397 Stevenson Street North, Guelph, Ontario, N1E 5C1
6.9
Waverley Drive
Public140 Waverley Drive, Guelph, Ontario, N1E 1H2
7.1
June Avenue
Public30 June Avenue, Guelph, Ontario, N1H 1H6
7.4
Holy Rosary
Public365 Stevenson Street North, Guelph, Ontario, N1E 5B7
5.0

Secondary Schools

John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7
Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6
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.