$999,900 - 161 FARLEY Drive, Guelph
Detached for Sale in Guelph
80 days on market- MLS Number
- X12939750
- Property Type
- Detached
- Status
- active
- Days on Site
- 80
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
BEAUTIFUL BACKSPLIT IN SOUTH GUELPH WITH LEGAL 1 BEDROOM APARTMENT/IN-LAW. Welcome to 161 Farley Drive, nestled in a sought-after neighbourhood in South Guelph. This beautiful 4-level backsplit offers over 2,700 sq ft of finished living space, including a fully finished basement with a separate entrance and legal apartment-perfect for extended family or a mortgage helper. The main floor features hardwood flooring throughout, a bright, open-concept layout with a front office and spacious living room, with stairs leading to the upper level. The large kitchen is equipped with stainless steel appliances, granite countertops, a breakfast bar, and a generous dining area that overlooks the sunken family room. French doors from the family room lead out to the back patio, creating a seamless indoor-outdoor living experience. Off the living room, you'll find a convenient mudroom with garage access, along with a main floor bedroom. Over $6,000 in upgrades on chandeliers and fixtures. Upstairs offers 3 generously sized bedrooms and a fully renovated 4 piece bathroom. The primary suite includes its own private 3-piece ensuite. The fully finished basement features a legal 1-bedroom apartment complete with its own kitchen, living area, bedroom, and 4-piece bathroom. With a separate entrance, this space presents an excellent opportunity for rental income or multi-generational living. The backyard is fully fenced with a wooden shed, patio stones with a high-quality backyard landscaping project completed in 2025 featuring white gravel. Parking for 3 vehicles including 2 parking spots on the driveway and a 3rd parking space inside the garage. Conveniently located just minutes from parks, schools, public transit, restaurants, shopping, and all essential amenities.
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
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.
161 FARLEY Drive, 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 $500/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 80 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph. Good resale value as demand remains consistent.
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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.