383 Edinburgh Road, Guelph, ON

$575,000
MLS#:X9393285
3 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] condo townhouse located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $575,000 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 900-999 sqft
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Prime 3-Bedroom Home - Walking Distance to University of Guelph - Ideal for Investors or First-Time BuyersWelcome to 383 Unit 6 Edinburgh Road, a spacious 3-bedroom home with a fully finished basement in one of Guelph's most convenient and desirable locations. Whether youre a first-time homebuyer or an investor seeking an income-generating property, this home offers fantastic potential.Generous Bedrooms + Finished Basement: The main living areas provide ample space for a family or multiple tenants. The fully finished basement adds extra living space, perfect for recreation or as a rental suite.Proximity University of Guelph: Just a short walk from campus, this property is highly attractive to university students, ensuring steady rental demand year-round.Prime Location Close to Amenities: Located near major shopping centres, grocery stores, restaurants, parks, and public transit, this home offers unparalleled convenience for both homeowners and tenants.Income Potential in a High-Demand Area Investors will appreciate the consistent rental demand, especially from university students and professionals. The finished basement further boosts rental value by offering flexible living arrangements.Perfect for First-Time Buyers: First-time buyers can secure a home in a rapidly growing area while potentially generating rental income from the basement or extra rooms.This property combines comfort, convenience, and investment potential in a high-demand location. Whether you're looking to settle in Guelph or invest in a smart income-generating property, 383 Edinburgh Road Unit 6 is a must-see. Dont miss the opportunity to own in this sought-after area, perfect for long-term value and immediate rental returns!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateDecember 2, 2024
Sold price information is available to members only
Listed Date10/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick Front
BasementFinished
CountyWellington
Annual Tax$3,035.17

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Public Transit, School

Interior Features

None

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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383 Edinburgh Road, 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 383 Edinburgh Road S 6, Guelph, ON N1G 2K7

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$460,000
Monthly Mortgage$2,673
Property Tax (Est.)$253
Utilities & Maint.$350
Total Monthly Cost$3,276

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Guelph.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$850,000

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

Central
Public97 Dublin Street North, Guelph, Ontario, N1H 4N2
7.6
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8
Sacred Heart
Public125 Huron Street, Guelph, Ontario, N1E 5L5
6.3
King George
Public72 Lemon Street, Guelph, Ontario, N1E 2H5
7.7
John Galt
Public50 Laurine Avenue, Guelph, Ontario, N1E 4M9
6.3

Secondary Schools

Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2
Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6
Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0
John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0

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.