324 Cole Road, Guelph

Price: $624,900

4 bedrooms, 2 bathrooms

700 sq ft

Property Type: Semi-Detached

MLS#: X12728554

Welcome to 324 Cole Road. This freehold semi-detached home offers a fantastic opportunity for investors, first-time buyers, or parents with kids attending the University of Guelph. Featuring 3+1 bedrooms and 2 full bathrooms, Bright eat-in kitchen with walkout to a spacious back yard, perfect for entertaining. Conveniently located close to shopping, public transit, schools, and the University of Guelph, this home combines space, functionality, and an unbeatable location, at an affordable price. A smart investment in a high-demand area- Contact today for more info!

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active
New Listing
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$624,900 - 324 Cole Road, Guelph

Semi-Detached for Sale in Guelph

New — Listed 6 days ago
4Beds
2Baths
700Sq Ft
Semi-Detached
Property Details
MLS Number
X12728554
Property Type
Semi-Detached
Status
active
Days on Site
6
Bedrooms
4
Bathrooms
2
Square Feet
700 sqft
Neighbourhood
Guelph
Listing Brokerage
Coldwell Banker Neumann Real Estate
Description

Welcome to 324 Cole Road. This freehold semi-detached home offers a fantastic opportunity for investors, first-time buyers, or parents with kids attending the University of Guelph. Featuring 3+1 bedrooms and 2 full bathrooms, Bright eat-in kitchen with walkout to a spacious back yard, perfect for entertaining. Conveniently located close to shopping, public transit, schools, and the University of Guelph, this home combines space, functionality, and an unbeatable location, at an affordable price. A smart investment in a high-demand area- Contact today for more info!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,206.06/mo

Includes CMHC insurance ($17,435)

$
$
5%10%50%

5-yr fixed avg.

Principal: $562,410Interest: $381,974
Mortgage Amount$579,845
Total Interest$381,974
Est. Property Tax$443/mo
Total Cost$961,818

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

324 Cole 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)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$443
Insurance (est.)-$130
Net Cash Flow+$2,627

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $893/sqft, this property is priced in line with current Guelph market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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 $2,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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