291 LAW DRIVE Drive, Guelph, ON

$499,900
MLS#:X10878240
1 beds
1 baths
600-699 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Stacked Townhouse condo townhouse located in the coveted neighborhood of Grange Road. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $499,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating

Description

Looking for a condo with an attached garage and a driveway? Yes, you read that right—2 parking spots! Discover this captivating and charming townhome in Guelph! Centrally located in a highly desirable area near a plethora of amenities, this 1-bedroom, 1-bathroom, 677 sq ft residence exudes a stately vibe with its gorgeous brick exterior, black wrought iron fence, attractive vernacular architecture, welcoming paver patio, neat landscaping, and low condo fees! Step inside to find a sun-drenched interior featuring an organically flowing floor plan, beautiful vinyl flooring, a modern color scheme, high ceilings, and an expansive living room with tray ceilings. Perfect for entertaining, the open-concept kitchen boasts stainless steel appliances, quartz countertops, sleek European-inspired cabinetry, a built-in microwave, a dishwasher, an electric range/oven, a stylish subway tile backsplash, an under-mount stainless-steel sink, a refrigerator, and an adjoining dining space. Retreat to the primary bedroom, filled with natural light, tray ceilings, and a dedicated closet. Indulge in the full bathroom with its storage cabinet, shower/tub combo, and custom tile work. Additional features include an oversized 1-car garage, in-suite laundry, mudroom, closets, and easy access to Guelph Line, ideal for commuters. Enjoy proximity to shopping, restaurants, schools, entertainment, parks, trails, LCBO, gas stations, and much more. Experience the advantages and start living the good life today. Call now to schedule your private and exclusive showing!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleStacked Townhouse
ConstructionVinyl Siding, Brick
BasementNone
CountyWellington
Annual Tax$2,626.08
Legal DescriptionUNIT 80, LEVEL 1, WELLINGTON STANDARD CONDOMINIUM PLAN NO. 265 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN WC609603 CITY OF GUELPH

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

Location

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291 LAW DRIVE 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 291 LAW DRIVE Drive, Guelph, ON N1E 0P7

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 Rate5.25%
Down Payment$24,995 (5.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period25 Years
Estimated Monthly Payment$2,830Based on a loan of $474,905 over 25 years.
Purchase Price$499,900
Loan Amount$474,905
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Guelph, ON

For a property listed at $499,900 in Guelph, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.

Nearby Listings

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No current listings found in Guelph.

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City & Neighborhood Guide

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

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$803,620

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

Holy Trinity
Public487 Grange Road, Guelph, Ontario, N1E 7C4
6.5
Ken Danby
Public525 Grange Road, Guelph, Ontario, N1E 7C4
8.5
William C. Winegard
Public25 Lee Street, Guelph, Ontario, N1E 7E7
5.8
St John
Public63 Victoria Road North, Guelph, Ontario, N1E 5G9
5.2
Guelph Lake
Public595 Watson Parkway North, Guelph, Ontario, N1E 6X2
6.3

Secondary Schools

St. James
Catholic57 Victoria Road North, Guelph, Ontario, N1E 5G9
5.9
John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7

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.