31 LOIS Lane, Guelph, ON

$1,355,000
MLS#:X10875256
6 beds
4 baths
3000-3500 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 6, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Willow West/Sugarbush/West Acres. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,355,000 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 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 60.1 x 112.52 ft lot
  • Features a walk-up, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener, Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience the sheer scale of this remarkable home, offering over 4,500 sq. ft. of expansive living space that caters perfectly to a large family or multi-generational living. From the moment you step inside, you'll be captivated by the vastness of the rooms and the grand, open-concept layout that flows seamlessly from one space to the next. The main level features a truly massive living area filled with natural light from oversized windows, elegant hardwood floors, and a sparkling chandelier that adds a touch of sophistication. The expansive chef's kitchen is equipped with rich wood cabinetry, granite countertops, a large island, and stainless steel appliances, providing ample room for culinary creativity and entertaining. This home continues to impress with its generous dining area, ideal for hosting large gatherings, and direct access to a private, landscaped backyard with a brand-new deck. The primary suite is a haven of luxury, with a spacious bedroom, large windows, and a spa-like ensuite featuring a soaking tub, separate shower, and dual vanities. The fully finished basement enhances the home’s versatility, featuring 2 additional bedrooms, a full bathroom, and a separate entrance. With its own kitchenette and oversized windows, the basement can easily be converted into a duplex or serve as a perfect in-law suite, providing endless possibilities for extra living space or rental income. Significant updates enhance the home’s appeal, including a new hot water tank (6 months old), 4-year-old AC, a 2-year-old water softener, and a 7-year-old roof. The windows, installed in 2003, are still in excellent condition. This home is truly massive, offering endless possibilities for living, hosting, and creating memories. Don’t miss your chance to own this extraordinary property!

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Property Summary

This detached home located at 31 LOIS Lane, Guelph is currently for sale and has been available on SousaSells for 673 days. This property is listed at $1,355,000 with an estimated mortgage of $4,510* per month. It has 6 beds, 4 bathrooms, and is 3000-3500 square feet. 31 LOIS Lane, Guelph is in the Willow West/Sugarbush/West Acres neighborhood.

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

Key Features

Bedrooms
6
Bathrooms
4
Kitchens
2
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementWalk-Up, Separate Entrance
Lot Size60.1 × 112.52
CountyWellington
Annual Tax$8,287.35
Legal DescriptionLOT 39, PLAN 61M26, CITY OF GUELPH.

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Softener, Other

Security Features

Community Features

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Location

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31 LOIS Lane, 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 31 LOIS Lane, Guelph, ON N1K 1W5

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$406,500 (30.0%)
* Minimum Canadian down payment required for this price is $271,000.
Amortization Period30 Years
Estimated Monthly Payment$4,510Based on a loan of $948,500 over 30 years.
Purchase Price$1,355,000
Loan Amount$948,500
Provincial Land Transfer Tax:$23,575
Total Estimated Closing Taxes:$23,575

About Purchasing a Home in Guelph, ON

For a property listed at $1,355,000 in Guelph, the legal minimum down payment is $271,000 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 $23,575 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 $23,575.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Willow West/Sugarbush/West Acres, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$831,247

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

St Peter
Public150 Westwood Road, Guelph, Ontario, N1H 7G1
4.5
St Francis of Assisi
Public287 Imperial Road South, Guelph, Ontario, N1K 1Z4
5.3
Westwood
Public495 Willow Road, Guelph, Ontario, N1H 7C7
8.0
Mitchell Woods
Public670 Willow Road, Guelph, Ontario, N1H 8K2
5.8
Taylor Evans
Public271 Stephanie Drive, Guelph, Ontario, N1K 1T1
6.7

Secondary Schools

Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6
Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0
Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0

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.