$799,000 - 2 Westmount Road, Guelph
Detached for Sale in Guelph
New — Listed yesterday- MLS Number
- X13435502
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- LifeStyle International Realty Inc
BUNGALOW l LEGAL 3-BEDROOM BASEMENT | 5% CAP RATE l DETACHED 2-CAR GARAGE | PARKING FOR 6 | CORNER LOT | STEPS TO EXHIBITION PARK | CLOSE TO DOWNTOWN GUELPH Welcome to 2 Westmount Road, Guelph-a beautifully updated multi-family home situated on a desirable corner lot just 300 meters from Exhibition Park and minutes from Downtown Guelph. Conveniently located near excellent schools, including Guelph Collegiate Vocational Institute and Our Lady of Lourdes Catholic High School, as well as St. Joseph's Health Centre, shopping, parks, and everyday amenities. The main level features 3 spacious bedrooms, a bright living room with a fireplace, and a modern kitchen. Original hardwood flooring remains underneath the vinyl flooring and is in excellent condition. A full bathroom and separate main-floor laundry complete this level. The legal lower-level offers 3 bedrooms, a separate entrance, its own kitchen, living room, full bathroom, and private laundry facilities-an excellent opportunity for rental income, mortgage assistance, or multi-generational living. Additional highlights include a 200-amp electrical panel, a detached 2-car garage that is ideal for car enthusiasts, a workshop, or potential future accessory unit opportunities (subject to municipal approvals), plus a driveway that accommodates 4 vehicles for a total of 6 parking spaces. Whether you're an investor, multi-generational family, or homeowner looking for additional income potential, this versatile property offers exceptional value in one of Guelph's most sought-after neighborhoods. This home just feels right!
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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.
2 Westmount 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 $726/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.
Excellent Flexibility
With 6 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.
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 $3,329 (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.