302 EDINBURGH Road, Guelph, ON

$1,650,000
MLS#:X10875899
3 beds
3 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,650,000 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.

  • 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 100 x 170 ft lot
  • Features a partially finished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Countertop Range, Upgraded Insulation, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

If you’ve ever dreamed of having a very well constructed 3 + 2 bedroom, 2 + 1 bathroom bungalow on a lot big enough for your own tennis court, then 302 Edinburgh Road South should be on your “I need to see” list. The home was architecturally designed and built in 1955 with a double brick exterior. It is a very solid home. It was then bought and completely renovated in 2006, with new electrical and plumbing services. This work also included improved insulation in the exterior walls and the attic so even though the structure may be 70 years old, the work done makes the home function like a 20 something with a modern kitchen, 9-foot ceilings and lots of natural light. The rooms are spacious and there’s lots of storage space. Included is a fully renovated main bathroom and a 2-piece was added to the main level. There’s a kitchen in the basement as well as a 3-piece bathroom along with lots of room for 2 bedrooms and a great living space. In addition, there’s also a great workshop area and the mechanical/laundry area. The half-acre lot is simply “fabulous”, with beautiful landscaping and the home set well back from the road. The property comes with a 2 ½ car detached garage and a driveway with lost of room to turn around so you can drive out. Great home on a superb lot; what more are you looking for? This home is move-in ready.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date5/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementPartially Finished, Partial Basement
Lot Size100 × 170 Acres
CountyWellington
Annual Tax$7,423.64
Legal DescriptionBLOCK A, PLAN 620 ; PT LOT 4, CONCESSION 3 , DIVISION G, TOWNSHIP OF GUELPH; AS IN RO717053 ; GUELPH

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard

Interior Features

Countertop Range, Upgraded Insulation, Water Softener

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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302 EDINBURGH 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 302 EDINBURGH Road S, Guelph, ON N1G 4K2

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$330,000 (20.0%)
* Minimum Canadian down payment required for this price is $330,000.
Amortization Period25 Years
Estimated Monthly Payment$7,866Based on a loan of $1,320,000 over 25 years.
Purchase Price$1,650,000
Loan Amount$1,320,000
Provincial Land Transfer Tax:$29,475
Total Estimated Closing Taxes:$29,475

About Purchasing a Home in Guelph, ON

For a property listed at $1,650,000 in Guelph, the legal minimum down payment is $330,000 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 $29,475 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 $29,475.

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 Dovercliffe Park/Old University, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$880,341

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.