8 Echo Drive, Guelph, ON

$949,000
MLS#:X12087850
3 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 27, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $949,000 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 1100-1500 sqft on a premium 56.54 x 100 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Upgraded Insulation, Water Heater, Water Meter
  • Efficient forced air heating via gas

Description

Charming, Stone Bungalow in the Old University area on a quiet street with a beautifully treed and fenced in yard. You almost feel like you're in cottage country! This home has been re-modelled to suit the needs of someone looking to downsize and to start enjoying retirement! An addition was built creating a main floor family room and office space with gas fireplace and walk-out to covered porch. Custom designed kitchen was added with all upgraded appliances. The bedrooms were redesigned to offer a spa like experience with jetted tub and glassed in shower, large walk-in closet and master bedroom with corner windows for extra light. You really feel at ease when gathering around the living room - you're brought back to the original era of the home with hardwood floors, wood burning fireplace and built-in cabinetry. The home also offers a complete finished basement with separate entrance for a potential in-law suite. The layout can be set up in many ways but you have everything you need. Rec room, bedroom, 3 pc bath and rough -in for a kitchen, egress window and extra rooms for exercise, office and storage. The exterior is tastefully landscaped with Fieldstone walkways, 2 tiered deck and covered porch with relaxing views of your private backyard. There is also a large board and batten shed offering tons of storage space. This is a very rare find - because when you're in 8 Echo you don't feel like you're in the city, you feel like you're in the place you wished you were!

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Property Summary

This detached home located at 8 Echo Drive, Guelph is currently for sale and has been available on SousaSells for 456 days. This property is listed at $949,000 with an estimated mortgage of $3,159* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 8 Echo Drive, Guelph is in the Dovercliffe Park/Old University neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 27, 2025
Sold price information is available to members only
Listed Date4/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone
BasementFinished, Separate Entrance
Lot Size56.54 × 100 Feet
CountyWellington
Annual Tax$6,255
Legal DescriptionLot 3, Plan 410 ; GUELPH

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Upgraded Insulation, Water Heater, Water Meter, Water Softener

Security Features

Community Features

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Location

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8 Echo 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 Echo Drive, Guelph, ON N1G 1H2

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$284,700 (30.0%)
* Minimum Canadian down payment required for this price is $69,900.
Amortization Period30 Years
Estimated Monthly Payment$3,159Based on a loan of $664,300 over 30 years.
Purchase Price$949,000
Loan Amount$664,300
Provincial Land Transfer Tax:$15,455
Total Estimated Closing Taxes:$15,455

About Purchasing a Home in Guelph, ON

For a property listed at $949,000 in Guelph, the legal minimum down payment is $69,900 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 $15,455 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 $15,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dovercliffe Park/Old University, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$879,899

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

Saint-René-Goupil
Public221 Scottsdale Drive, Guelph, Ontario, N1G 3A1
5.7
Priory Park
Public275 Scottsdale Drive, Guelph, Ontario, N1G 3A1
4.6
Mary Phelan
Public8 Bishop Court, Guelph, Ontario, N1G 2R9
7.4
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8
Fred A Hamilton
Public160 Ironwood Road, Guelph, Ontario, N1G 3R4
6.3

Secondary Schools

Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0
Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2

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.