8 REID Court, Guelph, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kortright West. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $700,000 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 28.5 x 100 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with window unit(s) central cooling and highly efficient heating via gas
Description
Discover the perfect starter home or investment at 8 Reid Court. Located on a cul-de-sac and just a short drive or bus ride from the University of Guelph, this 5 bedroom, 2-bathroom home is brimming with potential for those with a willingness to invest some effort. The living and dining areas provide ample space for a family, while the well-sized bedrooms offer comfort and versatility. The sizable backyard is backs on to a park creating a feeling of spaciousness. This home is an excellent investment opportunity, especially for those looking to provide convenient housing for University of Guelph students. Additionally, there's a low-rate mortgage that may be available to assume, making this property even more affordable. Whether you're a first-time homebuyer eager to create your ideal living space to raise a family or a parent seeking a convenient home for your U of G student and their friends, 8 Reid Court offers an exceptional opportunity. Embrace the potential of this property and make it your own.
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Property Summary
This detached home located at 8 REID Court, Guelph is currently for sale and has been available on SousaSells for 733 days. This property is listed at $700,000 with an estimated mortgage of $2,330* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 8 REID Court, Guelph is in the Kortright West neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 REID Court, Guelph, ON N1G 3R6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Guelph, ON
For a property listed at $700,000 in Guelph, the legal minimum down payment is $45,000 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 $10,475 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 $10,475.
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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.