383 Edinburgh Road, Unit 6, Guelph, ON
Property no longer active
This property was sold on December 2, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $575,000 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 2 Bathrooms
- Generous living space spanning 900-999 sqft
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prime 3-Bedroom Home - Walking Distance to University of Guelph - Ideal for Investors or First-Time BuyersWelcome to 383 Unit 6 Edinburgh Road, a spacious 3-bedroom home with a fully finished basement in one of Guelph's most convenient and desirable locations. Whether youre a first-time homebuyer or an investor seeking an income-generating property, this home offers fantastic potential.Generous Bedrooms + Finished Basement: The main living areas provide ample space for a family or multiple tenants. The fully finished basement adds extra living space, perfect for recreation or as a rental suite.Proximity University of Guelph: Just a short walk from campus, this property is highly attractive to university students, ensuring steady rental demand year-round.Prime Location Close to Amenities: Located near major shopping centres, grocery stores, restaurants, parks, and public transit, this home offers unparalleled convenience for both homeowners and tenants.Income Potential in a High-Demand Area Investors will appreciate the consistent rental demand, especially from university students and professionals. The finished basement further boosts rental value by offering flexible living arrangements.Perfect for First-Time Buyers: First-time buyers can secure a home in a rapidly growing area while potentially generating rental income from the basement or extra rooms.This property combines comfort, convenience, and investment potential in a high-demand location. Whether you're looking to settle in Guelph or invest in a smart income-generating property, 383 Edinburgh Road Unit 6 is a must-see. Dont miss the opportunity to own in this sought-after area, perfect for long-term value and immediate rental returns!
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Property Summary
This townhouse located at 383 Edinburgh Road, Guelph is currently for sale and has been available on SousaSells for 646 days. This property is listed at $575,000 with an estimated mortgage of $1,914* per month. It has 3 beds, 2 bathrooms, and is 900-999 square feet. 383 Edinburgh Road, Guelph is in the Dovercliffe Park/Old University neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
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Property Features
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Interior Features
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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 383 Edinburgh Road S 6, Guelph, ON N1G 2K7
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 $575,000 in Guelph, the legal minimum down payment is $32,500 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 $7,975 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 $7,975.
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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.