55 Yarmouth Street, Unit 9, Guelph, ON

$399,000
MLS#:X9768158
2 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Downtown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with wall unit(s) central cooling and highly efficient radiant heating via other

Description

Welcome to 55 Yarmouth Street Suite 909. This spacious two bedroom condo with large den is nestled in the heart of downtown Guelph, close to all amenities, transit and University of Guelph. This unit offers 988 square feet of modern living space and comes with an "OWNED" underground parking space. Freshly painted, this home features a modern kitchen with granite tops, back splash, stainless steel appliances and breakfast bar. The huge living and dining room offers an open concept design with large windows that provide an abundance of natural light. This unit provides for two nice sized bedroom, 4 piece bath, in suite laundry and includes a private den with small window that can be used as an office, storage or a 3rd bedroom. This home is perfect for first time buyers, investors or downsizers. Priced to sell so call your agent today and book a private showing.

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Property Summary

This condo apartment located at 55 Yarmouth Street, Guelph is currently for sale and has been available on SousaSells for 625 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 2 beds, 1 bathroom, and is 900-999 square feet. 55 Yarmouth Street, Guelph is in the Downtown neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 15, 2024
Sold price information is available to members only
Listed Date10/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyWellington
Annual Tax$3,470.66

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceOther
Heat TypeRadiant
CoolingWall Unit(s)

Features

Property Features

Hospital, Library, Public Transit, Rec./Commun.Centre, River/Stream

Interior Features

Carpet Free

Security Features

Security System

Community Features

Location

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55 Yarmouth Street, Unit 9, 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 Yarmouth Street 909, Guelph, ON N1H 7R4

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$119,700 (30.0%)
* Minimum Canadian down payment required for this price is $19,950.
Amortization Period30 Years
Estimated Monthly Payment$1,328Based on a loan of $279,300 over 30 years.
Purchase Price$399,000
Loan Amount$279,300
Provincial Land Transfer Tax:$4,460
Total Estimated Closing Taxes:$4,460

About Purchasing a Home in Guelph, ON

For a property listed at $399,000 in Guelph, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.

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City & Neighborhood Guide

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

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$896,099

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

Central
Public97 Dublin Street North, Guelph, Ontario, N1H 4N2
7.6
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8
Victory
Public135 Exhibition Street, Guelph, Ontario, N1H 4R4
7.8
King George
Public72 Lemon Street, Guelph, Ontario, N1E 2H5
7.7
Sacred Heart
Public125 Huron Street, Guelph, Ontario, N1E 5L5
6.3

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
John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7

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.