$789,500 - 158 Waterloo Avenue, Guelph
Detached for Sale in Guelph
48 days on market- MLS Number
- X13074984
- Property Type
- Detached
- Status
- active
- Days on Site
- 48
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- PG DIRECT REALTY LTD.
Visit REALTOR website for additional information. The classic red brick century home blended modern conveniences within its original structure. Introducing 158 Waterloo Avenue. This home was completely updated from top to bottom in 2016 with no expense spared to meet the needs of a modern homeowner. Open concept main level offers a huge island with granite countertops and extensive cupboards. Seating for 6 around the island. The modern kitchen opens to the living room with stunning accent wall that captures the eyes. Convenient main level powder room is at the rear of the home adjacent to the large rear deck. The second level offers 2 spacious bedrooms plus 2 full bathrooms. The 2016 updates removed a bedroom from this level to expand the Primary bedroom and add a luxurious ensuite bathroom complete with large walk in shower and heated floors - along with a walkout to an upper level deck, perfect for summer coffee mornings or a glass of wine to wind down the evening. This level also has a renovated three-piece bathroom and upper-level laundry. The third level loft area could be used as a home office, study, upper level family room or even added sleeping area. The lower level was also updated in 2016 with an internal perimeter drainage system and sump pumps. Out back there is a large deck overlooking the fenced yard - Entertaining is easy back here. The front of the home features a perfect covered porch for sitting and chatting with the neighbours in this fantastic neighbourhood. Just steps from downtown shops, restaurants, and bars as well as the Farmers Market. It is equally walkable toThe Junction area for dining and Fixed Gear Brewing.
Estimate your monthly payments for this property
Estimated Payment
$4,050.54/mo
Includes CMHC insurance ($22,027)
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.
158 Waterloo Avenue, 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 $718/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 48 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.
Bathroom Count Matters
With 3 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 $3,290 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.