5 Amberwood Lane, Unit 5, Guelph, ON

$810,000
MLS#:X9036537
3 beds
3 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on August 19, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow leasehold condo located in the coveted neighborhood of Village By The Arboretum. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $810,000 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
  • Generous living space spanning 1400-1599 sqft
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

HERE IT IS! A very rare 1 bedroom townhome unit on a quiet side street in the 55+ Village by the Arboretum community! This bright and spacious property offers a great 1400sf+ layout above grade. With a private side entrance, you enter the home and will immediately notice the vaulted ceilings in the front room to the left along with a convenient main level powder room. To the right you lead into the kitchen, featuring quartz countertops with dining area for open concept breakfast conversation. At the back of the home is large living room area that is also an open dining room space. The sliding doors lead to a private deck with ample room to host family and friends. The main level primary bedroom is very spacious and has its own ensuite and walk in closet. There is main level laundry and access to the single car garage. Downstairs is a large finished rec room area, another full bath and bedroom, perfect for guests or visiting family. At the back is an additional large office space that could double as a bedroom.There is also a cold room and a large unfinished portion of the basement, perfect for storage space. This home is just steps to the Village Centre, a 42,000 sq. ft. social and recreational hub for residents that includes an indoor swimming pool, sauna, hot tub, billiards room, a 600 seat auditorium, tennis courts and more.

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Property Summary

This condo apartment located at 5 Amberwood Lane, Guelph is currently for sale and has been available on SousaSells for 735 days. This property is listed at $810,000 with an estimated mortgage of $2,696* per month. It has 3 beds, 3 bathrooms, and is 1400-1599 square feet. 5 Amberwood Lane, Guelph is in the Village By The Arboretum neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 19, 2024
Sold price information is available to members only
Listed Date7/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeLeasehold Condo
Architectural StyleBungalow
ConstructionBrick
BasementFull, Partially Finished
CountyWellington
Annual Tax$4,445.68

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Greenbelt/Conservation, Library, Park, Place Of Worship, Public Transit

Interior Features

Other

Security Features

Community Features

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Location

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5 Amberwood Lane, Unit 5, 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 5 Amberwood Lane, Guelph, ON N1G 4X7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$243,000 (30.0%)
* Minimum Canadian down payment required for this price is $56,000.
Amortization Period30 Years
Estimated Monthly Payment$2,696Based on a loan of $567,000 over 30 years.
Purchase Price$810,000
Loan Amount$567,000
Provincial Land Transfer Tax:$12,675
Total Estimated Closing Taxes:$12,675

About Purchasing a Home in Guelph, ON

For a property listed at $810,000 in Guelph, the legal minimum down payment is $56,000 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 $12,675 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 $12,675.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Village By The Arboretum, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$845,168

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

Arbour Vista
Public200 McCann Street, Guelph, Ontario, N1G 0C5
9.7
St Michael
Public9 McElderry Road, Guelph, Ontario, N1G 4W7
6.5
Jean Little
Public56 Youngman Drive, Guelph, Ontario, N1G 4L2
7.9
Rickson Ridge
Public177 Rickson Avenue, Guelph, Ontario, N1G 4Y6
7.9
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

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.