78 Ferndale Avenue, Guelph, ON

$875,000
MLS#:X9247004
4 beds
3 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Victoria North. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $875,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 120 x 57 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this one-of-a-kind home in Guelph's desirable North end, cherished and meticulously cared for over the past 34 years. As you step inside, the grand living area greets you with soaring vaulted ceilings, creating an open and airy ambiance. The home features a well-planned addition, including a luxurious primary suite for enhanced comfort. With four spacious bedrooms and a flexible layout, this property is adaptable to any stage of life, offering the potential to convert into two separate unitseach with its own basementideal for generating extra income or hosting extended family. The attached garage includes a unique underground space, perfect for a workshop or additional storage, catering to all your practical needs. The property exudes tranquility, with a serene side yard providing a private oasis for outdoor relaxation. Plus, with Guelph Lake just a short drive away, you'll enjoy easy access to scenic trails, water activities, and peaceful beach days. This home offers endless possibilities and a vibrant yet peaceful lifestyletruly a rare and exceptional opportunity.

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Property Summary

This detached home located at 78 Ferndale Avenue, Guelph is currently for sale and has been available on SousaSells for 706 days. This property is listed at $875,000 with an estimated mortgage of $2,913* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 78 Ferndale Avenue, Guelph is in the Victoria North neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 13, 2024
Sold price information is available to members only
Listed Date8/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionBrick, Vinyl Siding
BasementPartially Finished
Lot Size120 × 57 Feet
CountyWellington
Annual Tax$5,481
Legal DescriptionLot 35 Plan 592; S/T MS55945 Guelph

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Central Vacuum, In-Law Capability, Sump Pump, Water Heater, Water Meter, Workbench

Security Features

Community Features

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Location

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78 Ferndale Avenue, 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 78 Ferndale Avenue, Guelph, ON N1E 1B5

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.

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Interest Rate4.00%
Down Payment$262,500 (30.0%)
* Minimum Canadian down payment required for this price is $62,500.
Amortization Period30 Years
Estimated Monthly Payment$2,913Based on a loan of $612,500 over 30 years.
Purchase Price$875,000
Loan Amount$612,500
Provincial Land Transfer Tax:$13,975
Total Estimated Closing Taxes:$13,975

About Purchasing a Home in Guelph, ON

For a property listed at $875,000 in Guelph, the legal minimum down payment is $62,500 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 $13,975 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 $13,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$798,177

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 Patrick
Public391 Victoria Road North, Guelph, Ontario, N1E 5J9
7.8
Waverley Drive
Public140 Waverley Drive, Guelph, Ontario, N1E 1H2
7.1
Brant Avenue
Public64 Brant Avenue, Guelph, Ontario, N1E 1G2
6.6
L'Odyssée
Public30 Brighton Street, Guelph, Ontario, N1E 3S9
3.3
Edward Johnson
Public397 Stevenson Street North, Guelph, Ontario, N1E 5C1
6.9

Secondary Schools

John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7
St. James
Catholic57 Victoria Road North, Guelph, Ontario, N1E 5G9
5.9

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.