$849,999 - 18 Mcelderry Road, Guelph
Detached for Sale in Guelph
New — Listed yesterday- MLS Number
- X13437256
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- Royal LePage Royal City Realty
Welcome to 18 McElderry, a beloved family home nestled in the highly sought-after Campus Estates neighborhood of Guelph. This classic side-split sits on a generously sized lot and offers over 2,400 square feet of total living space, including an impressive eighteen hundred and ninety square feet above grade, complemented by a finished basement that adds valuable versatility for a home office, recreation room, or additional living area. Perfectly positioned directly across the street from the neighborhood school and park, this location is a dream for families with young children - morning school runs and weekend afternoons at the park are simply a short stroll from your front door. This home has been lovingly owner-occupied for two decades, a testament to the warmth and care that has been poured into it over the years. Now ready for its next chapter, it presents a truly special opportunity for the right buyer. Step outside and discover the backyard - a true highlight of the property and an ideal private retreat for summer entertaining, gardening, or simply unwinding after a long day. Whether you're hosting backyard barbecues or watching the kids play, the outdoor space delivers. Campus Estates is a vibrant, family-focused community known for its tree-lined streets, friendly neighbours, and strong sense of belonging. Homes on this quiet, tucked-away street rarely come to market, making this a genuinely rare opportunity in one of Guelph's most established and desirable pockets. This home is ready and waiting for a new owner to bring their own vision and personal touches to the space. The bones are solid, the location is unbeatable, and the potential is undeniable. Whether you're a growing family seeking neighbourhood charm and community roots, or a savvy buyer looking to add value and make your mark, this property offers the canvas, the space, and the location to make it your own. Don't miss your chance to write the next chapter of this wonderful home's story.
Estimate your monthly payments for this property
Estimated Payment
$4,360.93/mo
Includes CMHC insurance ($23,715)
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.
18 Mcelderry Road, 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 $567/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 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 $3,542 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.