55 Southcreek Trail, Guelph, ON

$839,000
MLS#:X9394364
5 beds
3 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 29, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kortright West. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $839,000 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 27.8 x 133.67 ft lot
  • Features a finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 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

Welcome to 55 Southcreek Trail in Guelph, a charming home in the desirable neighbourhood, offering easy access to local amenities and Highway 6 for commuters. This well-cared-for property features Ravine lot, backing on the pond with a 2 bedroom legal basement. This versatile home is perfect for families looking for extra income or savvy investors seeking a great return. Main Level Highlights: Bright, Functional Kitchen: Enjoy cooking in a well-designed space. Open-Concept Dining & Living Areas: Perfect for entertaining and family gatherings. Spacious Bedrooms: The upper level boasts three roomy bedrooms, including a massive primary suite Convenient Laundry is located upstairs for ease of use. Lower Level Features: Legal 2-Bed, 1-Bath, Ideal for rental income. Separate Entrance & Walk-Out: Provides privacy, Fenced backyard and easy access to the backyard. Complete Living Space: Includes a living room, kitchen, and laundry facilities. Outdoor Amenities: Deep Lot: Enjoy a spacious backyard great for outdoor gatherings or relaxation. Classic Curb Appeal, Prime Location: Just minutes from top schools, shopping, parks, trails, and the Hanlon Expressway, close to the University of Guelph.

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Property Summary

This detached home located at 55 Southcreek Trail, Guelph is currently for sale and has been available on SousaSells for 644 days. This property is listed at $839,000 with an estimated mortgage of $2,793* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 55 Southcreek Trail, Guelph is in the Kortright West neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 29, 2024
Sold price information is available to members only
Listed Date10/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished, Walk-Out
Lot Size27.8 × 133.67 Feet
CountyWellington
Annual Tax$4,892
Legal DescriptionLot

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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55 Southcreek Trail, 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 Southcreek Trail, Guelph, ON N1G 4Y9

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$251,700 (30.0%)
* Minimum Canadian down payment required for this price is $58,900.
Amortization Period30 Years
Estimated Monthly Payment$2,793Based on a loan of $587,300 over 30 years.
Purchase Price$839,000
Loan Amount$587,300
Provincial Land Transfer Tax:$13,255
Total Estimated Closing Taxes:$13,255

About Purchasing a Home in Guelph, ON

For a property listed at $839,000 in Guelph, the legal minimum down payment is $58,900 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 $13,255 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 $13,255.

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City & Neighborhood Guide

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

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$839,002

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

Rickson Ridge
Public177 Rickson Avenue, Guelph, Ontario, N1G 4Y6
7.9
St Michael
Public9 McElderry Road, Guelph, Ontario, N1G 4W7
6.5
Jean Little
Public56 Youngman Drive, Guelph, Ontario, N1G 4L2
7.9
Fred A Hamilton
Public160 Ironwood Road, Guelph, Ontario, N1G 3R4
6.3
Priory Park
Public275 Scottsdale Drive, Guelph, Ontario, N1G 3A1
4.6

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
Bishop Macdonell
Public200 Clair Road West, Guelph, Ontario, N1L 1G1
8.2

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.