55 GATEWAY Drive, Guelph, ON

$779,000
MLS#:X9265013
3 beds
2 baths
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Willow West/Sugarbush/West Acres. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $779,000 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
  • Spacious lot size measured in Feet
  • Features a finished 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
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 55 Gateway Dr, Guelph a meticulously maintained home nestled on a spacious corner lot with stunning landscaping. This charming 2-storey sidesplit perfectly combines comfort and convenience. The second floor offers expansive living and dining areas, complemented by a well-appointed kitchen. The upper level features three bedrooms and a full bathroom, while the main floor includes a separate family room with hardwood flooring and an additional bathroom. The finished basement adds a versatile recreation room and ample storage space. Outside, you'll find a stone driveway and a beautifully landscaped backyard oasis. Enjoy easy access to major highways, with Costco and essential shopping just moments away. Gateway School is conveniently located across the street, and a direct bus route to the University of Guelph is only a short walk away. Don't miss your chance to make this delightful house your new home!

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Property Summary

This detached home located at 55 GATEWAY Drive, Guelph is currently for sale and has been available on SousaSells for 692 days. This property is listed at $779,000 with an estimated mortgage of $2,593* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 55 GATEWAY Drive, 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
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 28, 2024
Sold price information is available to members only
Listed Date8/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionAluminum Siding, Brick
BasementFinished
CountyWellington
Annual Tax$4,486.78
Legal DescriptionPLAN 654 LOT 146

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Softener

Security Features

Community Features

Location

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55 GATEWAY Drive, 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 55 GATEWAY Drive, Guelph, ON N1H 6X1

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 Rate4.00%
Down Payment$233,700 (30.0%)
* Minimum Canadian down payment required for this price is $52,900.
Amortization Period30 Years
Estimated Monthly Payment$2,593Based on a loan of $545,300 over 30 years.
Purchase Price$779,000
Loan Amount$545,300
Provincial Land Transfer Tax:$12,055
Total Estimated Closing Taxes:$12,055

About Purchasing a Home in Guelph, ON

For a property listed at $779,000 in Guelph, the legal minimum down payment is $52,900 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 $12,055 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 $12,055.

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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.