Sold on Nov 02, 2018
Note: Property is not currently for sale or for rent.
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Type: Detached
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Style: Bungalow-Raised
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Lot Size: 49.21 x 143.09 Acres
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Age: 16-30 years
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Taxes: $3,344 per year
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Days on Site: 46 Days
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Added: Dec 19, 2024 (1 month on market)
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Updated:
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Last Checked: 2 hours ago
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MLS®#: X11241751
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Listed By: Trilliumwest real estate brokerage ltd
This west end property is close to "everything"! It has great bus service (i.e. less than 20 minutes) to and from both downtown and the University. Easy driving access to not only the Hanlon and downtown, but Hwy 24 and Hwy 7 make commuting to Cambridge and KW from this location as easy as it gets. There are 2 large public parks nearby, and the schools are an easy walking distance away. The largest Zehr's in Guelph and Costco are just around the corner, as is the West End Community Centre, and there's lots of shopping and restaurants nearby. You'll enjoy the grade level easy entry to the lower level of the home through the garage, and the laundry is located such that it serves both the principal residence and the accessory apartment. The home has a great rear yard for outdoor entertaining, and the view from the hill covers the entire cityscape. The interior has been well-maintained and it's freshly painted. As an investment property, this represents a great opportunity. It's the lowest priced property (and significantly so) in the City with a City approved accessory apartment. You can live in one unit and rent the other to increase your housing and investment affordability, or you can rent both. Gross income should be about $2700/month + utilities. That brings a return on your investment of better than 10.7% after tax over the first 5 years of ownership, and that doesn't count any capital gains based on property value appreciation. Property is easy to show.
Property Details
Facts for 124 Freshmeadow Way, Guelph
Status
Days on Market: 46
Last Status: Sold
Sold Date: Nov 02, 2018
Closed Date: Dec 14, 2018
Expiry Date: Nov 19, 2018
Sold Price: $467,000
Unavailable Date: Nov 02, 2018
Input Date: Sep 14, 2018
Prior LSC: Sold
Property
Status: Sale
Property Type: Detached
Style: Bungalow-Raised
Age: 16-30
Area: Guelph
Community: Parkwood Gardens
Availability Date: Flexible
Assessment Amount: $285,500
Assessment Year: 2018
Inside
Bedrooms: 3
Bedrooms Plus: 1
Bathrooms: 2
Kitchens: 1
Kitchens Plus: 1
Rooms: 8
Air Conditioning: Central Air
Fireplace: No
Laundry:
Washrooms: 2
Building
Basement: Finished
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Exterior: Vinyl Siding
Elevator: N
UFFI: No
Green Verification Status: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Other
Garage Spaces: 1
Garage Type: Attached
Covered Parking Spaces: 2
Total Parking Spaces: 3
Fees
Tax Year: 2018
Tax Legal Description: Lot 20; Plan 782; City of Guelph; County of Wellington
Taxes: $3,344
Highlights
Feature: Fenced Yard
Land
Cross Street: West loop off Elmira
Municipality District: Guelph
Parcel Number: 712540021
Pool: None
Sewer: Sewers
Lot Depth: 143.09 Acres
Lot Frontage: 49.21 Acres
Acres: < .50
Zoning: R.1B
Rooms
Room details for 124 Freshmeadow Way, Guelph
Type | Dimensions | Description |
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Kitchen Main | 2.79 x 2.84 | Eat-In Kitchen |
Dining Main | 2.56 x 2.94 | |
Living Main | 3.53 x 3.88 | |
Bathroom Main | 1.54 x 2.79 | |
Prim Bdrm Main | 2.79 x 3.58 | |
Br Main | 2.71 x 3.88 | |
Br Main | 2.43 x 2.87 | |
Kitchen Lower | 3.22 x 3.25 | Eat-In Kitchen |
Bathroom Lower | 1.82 x 2.20 | |
Living Lower | 2.87 x 3.22 | |
Br Lower | 3.07 x 3.27 |
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XXXXXXXX XXXX | XXX XX, XXXX | $170,470 XXX XXXX |
XXXXXXXX XXXXXX | XXX XX, XXXX | $139,900 XXX XXXX |
Gateway Drive Public School
Elementary: PublicSt Francis of Assisi Catholic School
Elementary: CatholicSt Peter Catholic School
Elementary: CatholicWestwood Public School
Elementary: PublicTaylor Evans Public School
Elementary: PublicMitchell Woods Public School
Elementary: PublicSt John Bosco Catholic School
Secondary: CatholicCollege Heights Secondary School
Secondary: PublicOur Lady of Lourdes Catholic School
Secondary: CatholicGuelph Collegiate and Vocational Institute
Secondary: PublicCentennial Collegiate and Vocational Institute
Secondary: PublicJohn F Ross Collegiate and Vocational Institute
Secondary: Public