31 Greengate Road Unit 205, Guelph

Price: $399,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13014120

Welcome to 205-31 Greengate Rd, a meticulously maintained 3-bedroom townhouse in a highly convenient central location, just steps from all the amenities you could possibly need! This home presents an excellent opportunity for first-time buyers looking to break into the market, young families seeking more space or condo owners ready for added privacy and room to grow. Upon entering, you'll notice the bright open-concept living and dining area, perfect for everyday living and entertaining. Large sliding doors allow natural light to fill the space while providing direct access to the backyard. Step outside to enjoy the large back deck, offering plenty of room to relax, host friends or enjoy summer evenings in a setting that feels private thanks to the tall surrounding wood fencing-an ideal space for kids to play or for family barbecues. The bright kitchen features white cabinetry, while a convenient powder room completes the main level. Upstairs, the spacious primary bedroom features a large window and a double closet, creating a comfortable retreat. Two additional bedrooms provide flexibility for growing families, guests or a home office. The renovated 4-piece bathroom showcases a beautifully tiled shower/tub combination and a large vanity. Located in a prime neighbourhood, you're just a short stroll to a large shopping centre with grocery stores, restaurants and everyday conveniences, with public transit right at your doorstep. Enjoy nearby Norm Jary Park and Willow Road Public School, while the Hanlon Parkway is only minutes away, making commuting simple. A wonderful opportunity to own a well-located home in a family-friendly neighbourhood with space to grow

31 Greengate Road Unit 205 - Condo photo 1 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 2 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 3 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 4 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 5 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 6 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 7 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 8 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 9 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 10 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 11 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 12 of 13 in Guelph, Ontario
31 Greengate Road Unit 205 - Condo photo 13 of 13 in Guelph, Ontario
active
1/13

$399,900 - 31 Greengate Road Unit 205, Guelph

Condo for Sale in Guelph

57 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13014120
Property Type
Condo
Status
active
Days on Site
57
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Guelph
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX Real Estate Centre Inc
Description

Welcome to 205-31 Greengate Rd, a meticulously maintained 3-bedroom townhouse in a highly convenient central location, just steps from all the amenities you could possibly need! This home presents an excellent opportunity for first-time buyers looking to break into the market, young families seeking more space or condo owners ready for added privacy and room to grow. Upon entering, you'll notice the bright open-concept living and dining area, perfect for everyday living and entertaining. Large sliding doors allow natural light to fill the space while providing direct access to the backyard. Step outside to enjoy the large back deck, offering plenty of room to relax, host friends or enjoy summer evenings in a setting that feels private thanks to the tall surrounding wood fencing-an ideal space for kids to play or for family barbecues. The bright kitchen features white cabinetry, while a convenient powder room completes the main level. Upstairs, the spacious primary bedroom features a large window and a double closet, creating a comfortable retreat. Two additional bedrooms provide flexibility for growing families, guests or a home office. The renovated 4-piece bathroom showcases a beautifully tiled shower/tub combination and a large vanity. Located in a prime neighbourhood, you're just a short stroll to a large shopping centre with grocery stores, restaurants and everyday conveniences, with public transit right at your doorstep. Enjoy nearby Norm Jary Park and Willow Road Public School, while the Hanlon Parkway is only minutes away, making commuting simple. A wonderful opportunity to own a well-located home in a family-friendly neighbourhood with space to grow

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

$
$
5%10%50%

5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

Neighbourhood Guide: Guelph

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

31 Greengate Road Unit 205, Guelph

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,744

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $400/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 57 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.

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.

Similar Properties Nearby

Active listings in Guelph with similar features

Search
Log in
    31 Greengate Road Unit 205, Gue… — $399,900 | Battaglia Team