$599,900 - 271 LAW Drive, Guelph
Condo for Sale in Guelph
37 days on market- MLS Number
- X13124724
- Property Type
- Condo
- Status
- active
- Days on Site
- 37
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX Real Estate Centre Inc
Welcome to 271 Law Dr, a beautifully renovated 3-bedroom, 2.5-bathroom townhome backing directly onto a gorgeous park in a quiet, family friendly neighbourhood! Rarely do you find a location like this where your children can walk straight to the park without even needing to cross the street. Step inside to an inviting open-concept layout featuring stylish high-end finishes & large windows that flood the home with natural light. The spacious living & dining areas offer the perfect setting for both entertaining & everyday living. The stunning kitchen features fresh white cabinetry, quartz countertops, S/S appliances, subway tile backsplash, pantry cupboards & huge centre island with seating for casual dining. A convenient powder room & walkout to the oversized balcony complete the main level. The balcony offers plenty of space for outdoor dining, relaxing or morning coffee. Upstairs, the spacious primary bedroom features a walk-in closet, private balcony & modern ensuite with quartz counters and a glass shower. Two additional generously sized bedrooms feature large windows & ample natural light, while the stylish 4pc main bathroom offers a shower/tub combination & quartz countertops. Convenient second-floor laundry adds to the functionality of the home. Additional features include an attached one-car garage & convenient visitor street parking located right by the unit, making it easy for guests to visit. Families will love the incredible community setting with the East Guelph Library located directly across the street, offering tons of children's activities & programs. Located within walking distance to multiple schools, parks & trails, this home offers an excellent lifestyle in a highly desirable east-end neighbourhood. Minutes from shopping, restaurants & everyday amenities, it is an ideal home for families, professionals or anyone looking for low-maintenance living. Easy access to the 401 via nearby back roads makes commuting simple
Estimate your monthly payments for this property
Estimated Payment
$3,077.80/mo
Includes CMHC insurance ($16,737)
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.
271 LAW 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.
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.