$1,099,999 - 126 Municipal Street, Guelph
Detached for Sale in Guelph
115 days on market- MLS Number
- X12815476
- Property Type
- Detached
- Status
- active
- Days on Site
- 115
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- Keller Williams Home Group Realty
Welcome to 126 Municipal Street, a stunning, fully renovated family home tucked away on a quiet enclave in Guelph. Thoughtfully redesigned from top to bottom, this 100% turn-key property blends modern comfort with exceptional space for growing families.The second level features five generously sized bedrooms, offering rare convenience and flexibility, including a primary retreat complete with a stylish three-piece ensuite. With four bathrooms in total - including a main floor powder room and an additional powder room in the finished basement - the home is perfectly suited for busy households and entertaining alike.The main floor showcases an ideal layout with a beautifully updated kitchen seamlessly open to the inviting family room, highlighted by a brand new fireplace (2026). A formal dining area provides the perfect setting for gatherings, while a charming sitting room at the front of the home offers a peaceful space to relax or host guests. Downstairs, the fully finished basement expands your living space with a spacious recreation room, a large gym or playroom area, finished storage that could easily transition into a sixth bedroom/office, and large cold cellar. Step outside to your private backyard oasis. Backing onto tranquil green space and fully fenced, the yard features a newer deck, pergola (2019), outdoor shed, and new hot tub (2024) (negotiable) - ideal for relaxing or entertaining year-round. The large covered front porch adds even more outdoor living space, perfect for morning coffee. Additional highlights include a two-car garage with polyaspartic floor coating (2019), and numerous major upgrades: Variable speed high-efficiency furnace (2019), Basement & second floor windows, finished basement, full interior paint (all levels) (2020-2021), New carpet (2022), New asphalt driveway (2024), New side entrance doors (2025), Hot Water Heater (Rental) (2025). A rare opportunity to own a beautifully updated home in a peaceful, family-friendly setting.
Estimate your monthly payments for this property
Estimated Payment
$4,865.67/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Guelph
Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Guelph
- •Convenient location in Guelph
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
126 Municipal Street, Guelph
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $550/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 115 days on site, this property has exceeded the typical selling timeline for Guelph. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Guelph are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.