6 Sherwood Drive, Guelph, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of General Hospital. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $440,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 52.5 x 145.72 ft lot size
Description
Prime Development Opportunity in a Sought-After Location! Rare chance to secure a 145 foot deep premium building lot in an established, desirable neighbourhood. Whether you're a custom home builder, an end user ready to design your dream home, or a savvy investor exploring multi-unit rental potential, this property offers outstanding flexibility and upside. Buyers are encouraged to consult the City of Guelph regarding possibilities for multiple units, making this an exciting opportunity for future development and income generation. Opportunities like this are increasingly hard to find - don't miss your chance to build in a prime area with strong long-term potential. Vendor Financing Available.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 6 Sherwood Drive, Guelph, ON N1E 1R6
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About Purchasing a Home in Guelph, ON
For a property listed at $440,000 in Guelph, the legal minimum down payment is $22,000 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 $5,275 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 $5,275.
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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.