88 Mountford Drive, Guelph, ON
Property no longer active
This property was sold on March 25, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Grange Road. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $819,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 44.79 x 104.49 ft lot
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater, Water Softener
- Efficient forced air heating via gas
Description
Welcome to 88 Mountford Drive in Guelph! This beautifully updated raised bungalow offers incredible value with a legal basement apartment, making it perfect for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. The main level features refinished oak hardwood floors (2025), a bright living and dining area with LED pot lights, three bedrooms, and a renovated kitchen with shaker-style cabinetry, soft-close doors, and brand-new appliances (2025). The lower level includes a spacious office for exclusive use by the upper unit, plus a self-contained one-bedroom apartment with its own entrance, kitchen, laundry, and living space. The home has been thoughtfully upgraded, including new vinyl siding, soffit, fascia, and entry door (2025), a newer furnace (2022), R50 attic insulation, and an updated roof. Outside, enjoy a double-wide driveway with parking for four, a fully fenced backyard with an interlock patio, and oversized egress windows with custom-built armour stone window wells that add style and safety to the basement. Located in family-friendly Grange Hill East, this home is close to schools, parks, trails, and everyday amenities. Estimated rental income of $2,500 for the upper unit and $1,600 for the lower unit makes this a fantastic investment opportunity! Don't miss your chance to schedule your showing today!
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Property Summary
This detached home located at 88 Mountford Drive, Guelph is currently for sale and has been available on SousaSells for 505 days. This property is listed at $819,900 with an estimated mortgage of $2,729* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 88 Mountford Drive, Guelph is in the Grange Road 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 88 Mountford Drive, Guelph, ON N1E 6G2
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 $819,900 in Guelph, the legal minimum down payment is $56,990 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 $12,873 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 $12,873.
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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.