53 Ferndale Avenue, Guelph, ON

$799,000
MLS#:X9373938
3 beds
2 baths
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Sidesplit 3 detached located in the coveted neighborhood of Victoria North. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $799,000 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 with 2 functional kitchens
  • Premium 85 x 60 ft lot size
  • Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautiful 3 bedroom side split house on a large corner lot. Wonderful neighborhood with kind neighbors, and close to many trails. Original hardwood throughout living area and bedrooms. This home boasts large closets in the bedrooms and many upgrades have been made, including installing a legal basement apartment (vacant November 1) Legal basement apartment installed in 2021. Improvements made in that time: 200 AMP panel installed (with wiring laid for future EV charging), new paint, carpets, stove, washer/dryer, pot lights to name a few! Upstairs, a new washer/dryer was installed in 2023 as well as a new exhaust fan for the kitchen. Outside, the fence has been extended to provide privacy on this large lot and a stone patio and gazebo were added in 2022. Just this year the driveway was repaved and widened to accommodate 4 cars in this family friendly neighborhood. Walking distance to Brant Ave and in Edward Johnson's bus catchment, this charming home is the ideal location.

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Property Summary

This detached home located at 53 Ferndale Avenue, Guelph is currently for sale and has been available on SousaSells for 654 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 53 Ferndale Avenue, Guelph is in the Victoria North neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 5, 2024
Sold price information is available to members only
Listed Date9/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 3
ConstructionBrick, Vinyl Siding
BasementApartment, Separate Entrance
Lot Size85 × 60 Feet
CountyWellington
Annual Tax$4,631.94
Legal DescriptionLot 22, Plan 592; Subject To Easement As In MS55945 Guelph

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Electric Car Charger, Hospital, Library, Park, Place Of Worship, Public Transit

Interior Features

None

Security Features

Community Features

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Location

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53 Ferndale 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 53 Ferndale Avenue, Guelph, ON N1E 1B6

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$239,700 (30.0%)
* Minimum Canadian down payment required for this price is $54,900.
Amortization Period30 Years
Estimated Monthly Payment$2,660Based on a loan of $559,300 over 30 years.
Purchase Price$799,000
Loan Amount$559,300
Provincial Land Transfer Tax:$12,455
Total Estimated Closing Taxes:$12,455

About Purchasing a Home in Guelph, ON

For a property listed at $799,000 in Guelph, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Victoria North, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$798,177

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 Patrick
Public391 Victoria Road North, Guelph, Ontario, N1E 5J9
7.8
Waverley Drive
Public140 Waverley Drive, Guelph, Ontario, N1E 1H2
7.1
Brant Avenue
Public64 Brant Avenue, Guelph, Ontario, N1E 1G2
6.6
L'Odyssée
Public30 Brighton Street, Guelph, Ontario, N1E 3S9
3.3
Edward Johnson
Public397 Stevenson Street North, Guelph, Ontario, N1E 5C1
6.9

Secondary Schools

John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7
St. James
Catholic57 Victoria Road North, Guelph, Ontario, N1E 5G9
5.9

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.