317 Grange Road, Guelph

Price: $849,999

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12798334

Welcome to this versatile East Guelph home offering comfort and income potential in one smart package. This detached property features a spacious 3 bedroom, 2 bathroom main home with a bright, functional layout, large living area, and a walkout from the kitchen to the backyard deck, ideal for entertaining and everyday living. Set on a generous corner lot with a private yard, garage, and double driveway, there is room for everyone.The home also includes a legal 1 bedroom basement apartment with a separate side entrance,large windows, and its own laundry. It works well as a mortgage helper or comfortable space for extended family. With the property free of tenants and laundry on both levels, buyers have the freedom to move in, set their own rents, or create a setup that suits their needs.Located in a desirable East Guelph neighbourhood close to schools, parks, trails, and amenities, this is a rare opportunity to secure a detached home with built in value and long term flexibility.

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$849,999 - 317 Grange Road, Guelph

Detached for Sale in Guelph

107 days on market
4Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12798334
Property Type
Detached
Status
active
Days on Site
107
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Guelph
Listing Brokerage
Bosley Real Estate Ltd.
Description

Welcome to this versatile East Guelph home offering comfort and income potential in one smart package. This detached property features a spacious 3 bedroom, 2 bathroom main home with a bright, functional layout, large living area, and a walkout from the kitchen to the backyard deck, ideal for entertaining and everyday living. Set on a generous corner lot with a private yard, garage, and double driveway, there is room for everyone.The home also includes a legal 1 bedroom basement apartment with a separate side entrance,large windows, and its own laundry. It works well as a mortgage helper or comfortable space for extended family. With the property free of tenants and laundry on both levels, buyers have the freedom to move in, set their own rents, or create a setup that suits their needs.Located in a desirable East Guelph neighbourhood close to schools, parks, trails, and amenities, this is a rare opportunity to secure a detached home with built in value and long term flexibility.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.93/mo

Includes CMHC insurance ($23,715)

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5%10%50%

5-yr fixed avg.

Principal: $764,999Interest: $519,566
Mortgage Amount$788,714
Total Interest$519,566
Est. Property Tax$602/mo
Total Cost$1,308,280

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

317 Grange Road, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$2,421

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 $773/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 107 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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph. Good resale value as demand remains consistent.

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.

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    317 Grange Road, Guelph | $849,999 | Battaglia Team