413 Waterloo Avenue, Guelph, ON

$699,900
MLS#:X8406456
3 beds
3 baths
1100-1500 sqft
9.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Junction/Onward Willow. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a spacious lot (Feet)
  • Features a separate entrance, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

First time buyers and investors: here's your chance to own a beautiful bungalow in the heart of Guelph. This solid brick home has been used as an office for years and needs some finishing touches but the possibilities are endless. Convert it back to single family or create a duplex (it's already halfway there!). In fact, given the fantastic location you may even want to hold onto it for future development as the location is central to everything: downtown Guelph, the Hanlon Expressway and the 401, along with being on a direct bus route. There's also ample parking for up to 8 cars and a detached garage. A large covered front porch offers great outdoor space for friends and family to visit. Inside, there is a large front room with gas fireplace with large front windows. The adjacent room has similar views with ample space. Further down the hall is a 4pc bath along with another office and/or bedroom before you get to the back space. A kitchenette is also at back along with a large rear addition that could be used as a bedroom. This room has sliders to the backyard. Laundry is also already located near the side entrance which could be shared between upper and lower if an accessory unit is desired. Downstairs offers the possibility of working with the City on a 2 bed accessory apartment as much of the work is done. Outside there is a low maintenance backyard. Located in a prime location, this home offers so many possibilities and could also be added to a portfolio for future development opportunities.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 21, 2024
Sold price information is available to members only
Listed Date6/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Walk-Up
CountyWellington
Annual Tax$4,350.94
Legal DescriptionPT LT 21 CON DIVISION A GUELPH TOWNSHIP PT 7, 61R665; *CITY OF GUELPH; AMENDED 2002/01/28 BY LAND REGISTRAR #7

Parking & Garage

Parking Spaces9.0
Garage Spaces8
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Water Heater

Security Features

Community Features

Location

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413 Waterloo Avenue, 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 413 Waterloo Avenue, Guelph, ON N1H 3K3

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.

Market Trend
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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$44,990 (6.4%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period25 Years
Estimated Monthly Payment$3,903Based on a loan of $654,910 over 25 years.
Purchase Price$699,900
Loan Amount$654,910
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Guelph, ON

For a property listed at $699,900 in Guelph, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

Nearby Listings

Distance:

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 Junction/Onward Willow, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$631,758

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 Joseph
Public10 Guelph Street, Guelph, Ontario, N1H 5Y8
5.7
Paisley Road
Public406 Paisley Road, Guelph, Ontario, N1H 2R3
4.7
Willow Road
Public125 Willow Road, Guelph, Ontario, N1H 1W4
3.1
Central
Public97 Dublin Street North, Guelph, Ontario, N1H 4N2
7.6
St Peter
Public150 Westwood Road, Guelph, Ontario, N1H 7G1
4.5

Secondary Schools

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

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.