$814,900 - 165 Terraview Crescent Unit 48, Guelph
Condo for Sale in Guelph
79 days on market- MLS Number
- X12923520
- Property Type
- Condo
- Status
- active
- Days on Site
- 79
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to 48-165 Terraview Crescent in the highly sought-after south end of Guelph-a beautifully updated 2-storey townhouse backing directly onto Preservation Park. Enjoy the rare privacy of no rear neighbours and immediate access to 65 hectares of scenic trails, forests, and meadows right from your backyard. This meticulously maintained home offers 3 bedrooms and 3.5 bathrooms with a bright, open-concept main floor designed for everyday living and entertaining. Stylish LVP flooring adds warmth and durability, while the walkout to the upper deck with desirable east and south exposure creates the perfect setting for morning coffee or relaxing summer evenings. The home has been thoughtfully upgraded for comfort and peace of mind, featuring newer windows, a sliding glass door, roof, central air conditioning, and water softener. An exterior gas line makes the BBQ season effortless. The finished basement with Dricore subflooring provides valuable additional living space-ideal for a rec room, home office, gym, or play area. The garage has been refreshed with epoxy flooring and paint, offering a clean and functional space. Set in a well-managed complex, this home offers the perfect blend of nature, convenience, and turnkey living-an exceptional opportunity in one of Guelph's most desirable communities. Some photos have been virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$4,180.86/mo
Includes CMHC insurance ($22,736)
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.
165 Terraview Crescent Unit 48, 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 $582/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 79 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,395 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.