31 Greengate Road Unit 239, Guelph

Price: $499,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12969118

Welcome to this beautifully updated 3-bedroom townhouse (End Unit) offering approximately 1,560 sq. ft. of total living space, including a fully finished basement. Ideally located in a desirable Guelph community, this home is perfect for first-time buyers, families, or investors.The main level features a bright and functional layout with a spacious living room, dining area, kitchen, and a convenient guest powder room. Upstairs, you'll find three well-sized bedrooms and a 4-piece bathroom, providing comfortable living for the whole family. Recent upgrades include brand new flooring throughout all three levels and fresh paint, giving the home a modern and move-in ready feel. The finished basement offers additional living space with a rec room (potential 4th bedroom) and a home office, or entertainment space plus a laundry. Enjoy outdoor living in the fully fenced backyard, ideal for relaxing or hosting. Additional features include an owned parking space conveniently located right in front of the unit (#77), updated shingles, windows, and furnace as well as bathrooms in the past years, and a recently installed owned water softener (6 months). A great opportunity to own a well-maintained and upgraded home in a convenient location close to amenities, schools, parks, and transit.

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$499,900 - 31 Greengate Road Unit 239, Guelph

Condo for Sale in Guelph

67 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12969118
Property Type
Condo
Status
active
Days on Site
67
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Guelph
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
HomeLife Power Realty Inc
Description

Welcome to this beautifully updated 3-bedroom townhouse (End Unit) offering approximately 1,560 sq. ft. of total living space, including a fully finished basement. Ideally located in a desirable Guelph community, this home is perfect for first-time buyers, families, or investors.The main level features a bright and functional layout with a spacious living room, dining area, kitchen, and a convenient guest powder room. Upstairs, you'll find three well-sized bedrooms and a 4-piece bathroom, providing comfortable living for the whole family. Recent upgrades include brand new flooring throughout all three levels and fresh paint, giving the home a modern and move-in ready feel. The finished basement offers additional living space with a rec room (potential 4th bedroom) and a home office, or entertainment space plus a laundry. Enjoy outdoor living in the fully fenced backyard, ideal for relaxing or hosting. Additional features include an owned parking space conveniently located right in front of the unit (#77), updated shingles, windows, and furnace as well as bathrooms in the past years, and a recently installed owned water softener (6 months). A great opportunity to own a well-maintained and upgraded home in a convenient location close to amenities, schools, parks, and transit.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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.

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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 239, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,652

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 $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.

Negotiation Opportunity

At 67 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.

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    31 Greengate Road Unit 239, Gue… — $499,900 | Battaglia Team