8 Cote Drive, Guelph, ON

$1,149,900
MLS#:X9388470
3 beds
3 baths
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of General Hospital. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,149,900 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 3 Bathrooms
  • Premium 32 x 89 ft lot size
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Prepare to be amazed by this beautifully crafted Custom Stone Bungalow located in one of Guelph's most private neighbourhood's. As you enter the home you instantly realize this home is nothing but quality. 9 ft ceilings with custom moldings, travertine tiles and hardwood floors guide you through the main level. This home is an entertainer's delight with a picturesque view of the backyard while allowing easy access to the covered deck. As you progress through the home and make your way into the Great Room and kitchen you are effortlessly able to mingle with guests while preparing elaborate meals spread across a 10 ft island. The main level also has a beautiful master bedroom with ensuite bath, including walk-in shower. Laundry is also on the main level and 2 pc bath. After a long day you can retreat to the "Man Cave" - shoot a game of pool, or a game of darts, watch the game on the flat screen with friends. You have 9 ft ceilings on the lower level as well, so every room feels spacious and bright! You have 2 more bedrooms on the lower level with a 4 pc bath with heated floors and air-jetted whirlpool tub. Located only a minutes walk to shopping, medical centres, schools, library and public transit, this home offers you every amenity possible. This is truly a special home on a quiet cul de sac in the heart of the city. Ideal for a professional couple and /or someone looking to downsize with nothing left to do but enjoy... living!!

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Property Summary

This detached home located at 8 Cote Drive, Guelph is currently for sale and has been available on SousaSells for 646 days. This property is listed at $1,149,900 with an estimated mortgage of $3,828* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 8 Cote Drive, Guelph is in the General Hospital neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 1, 2024
Sold price information is available to members only
Listed Date10/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone
BasementFinished, Full
Lot Size32 × 89 Feet
CountyWellington
Annual Tax$6,083
Legal DescriptionPT LT 31, PL 439, PT 2, 61R-20215 CITY OF GUELPH

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Hospital, Park, Library, School, School Bus Route

Interior Features

Air Exchanger, Auto Garage Door Remote, Built-In Oven, Sump Pump, Upgraded Insulation, Water Heater, Water Meter, Water Softener

Security Features

Community Features

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Location

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8 Cote Drive, 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 8 Cote Drive, Guelph, ON N1E 1Z3

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$344,970 (30.0%)
* Minimum Canadian down payment required for this price is $229,980.
Amortization Period30 Years
Estimated Monthly Payment$3,828Based on a loan of $804,930 over 30 years.
Purchase Price$1,149,900
Loan Amount$804,930
Provincial Land Transfer Tax:$19,473
Total Estimated Closing Taxes:$19,473

About Purchasing a Home in Guelph, ON

For a property listed at $1,149,900 in Guelph, the legal minimum down payment is $229,980 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 $19,473 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 $19,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$886,417

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

Holy Rosary
Public365 Stevenson Street North, Guelph, Ontario, N1E 5B7
5.0
Edward Johnson
Public397 Stevenson Street North, Guelph, Ontario, N1E 5C1
6.9
King George
Public72 Lemon Street, Guelph, Ontario, N1E 2H5
7.7
Ottawa Crescent
Public75 Ottawa Crescent, Guelph, Ontario, N1E 2A8
4.8
John Galt
Public50 Laurine Avenue, Guelph, Ontario, N1E 4M9
6.3

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
Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6

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.