65 Algoma Drive, Guelph, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Victoria North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $600,000 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
- Generous living space spanning 700-1100 sqft on a premium 44.8 x 113 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Water Softener, Water Heater, Storage
- Efficient forced air heating via gas
Description
Welcome to this solid brick bungalow, built in 1969 and full of opportunity. Set on a desirable corner lot, this home offers great curb appeal, a convenient carport, and a practical layout that will appeal to first-time buyers, downsizers, investors, or anyone looking for a home with strong bones and future potential.Inside, the main level features three bedrooms, one full bathroom, and a bright, functional living space. The home proudly carries its original 1970s character, offering a nostalgic charm that could be embraced, refreshed, or fully transformed to suit your personal style. Whether you appreciate vintage details or are looking for a property you can modernize over time, this bungalow provides an excellent canvas.The front and side entrances add everyday convenience and flexibility, while the finished basement expands the usable living space. Downstairs, you'll find additional room for recreation, hobbies, storage, or future possibilities, along with a three-piece bathroom for added functionality.Located near schools, shopping, and everyday amenities, this home offers the kind of convenience buyers are looking for. The corner lot provides added space, visibility, and a sense of openness, while the carport offers covered parking and practical protection from the elements.With its brick exterior, established neighbourhood setting, finished basement, and classic bungalow layout, this property is a fantastic opportunity for someone ready to bring their vision to life. Whether you choose to move in and enjoy it as-is, update it gradually, or renovate with a modern touch, this home has the foundation to become something truly special.
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Pricing & Value Insights
Data-driven valuation for 65 Algoma Drive, Guelph, ON N1E 1C8
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About Purchasing a Home in Guelph, ON
For a property listed at $600,000 in Guelph, the legal minimum down payment is $35,000 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 $8,475 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 $8,475.
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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.