40 Silvercreek Parkway Unit 30, Guelph

Price: $469,900

3 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13048710

Whether you are embarking on the journey of homeownership for the first time or seeking a space that evolves with your lifestyle, this charming three-bedroom townhome offers an ideal blend of comfort and untapped potential. From the moment you step inside, you are greeted by a bright and sunny kitchen that serves as the heart of the home, complete with a cozy eat-in area and a convenient pass-through that keeps the conversation flowing into the living room. This living area is perfectly suited for both relaxation and hosting, featuring a seamless walk-out to a private backyard designed for effortless outdoor entertaining. The upper level continues to impress with a primary suite large enough to accommodate a full furniture set, while two additional bedrooms offer the versatility needed for a nursery, a dedicated home office, or a welcoming guest retreat. For those looking to build immediate equity, the unfinished basement stands as a blank canvas ready for your creative vision, whether you dream of a home cinema, a gym, or a custom hobby space. Perfectly situated within easy reach of schools, shopping, and major commuter routes, this property is more than just a house; it is the perfect place to call home. Have a look today and imagine the possibilities.

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$469,900 - 40 Silvercreek Parkway Unit 30, Guelph

Condo for Sale in Guelph

50 days on market
3Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13048710
Property Type
Condo
Status
active
Days on Site
50
Bedrooms
3
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Guelph
Locker
None
Exposure
South West
Balcony
None
Listing Brokerage
Royal LePage Royal City Realty
Description

Whether you are embarking on the journey of homeownership for the first time or seeking a space that evolves with your lifestyle, this charming three-bedroom townhome offers an ideal blend of comfort and untapped potential. From the moment you step inside, you are greeted by a bright and sunny kitchen that serves as the heart of the home, complete with a cozy eat-in area and a convenient pass-through that keeps the conversation flowing into the living room. This living area is perfectly suited for both relaxation and hosting, featuring a seamless walk-out to a private backyard designed for effortless outdoor entertaining. The upper level continues to impress with a primary suite large enough to accommodate a full furniture set, while two additional bedrooms offer the versatility needed for a nursery, a dedicated home office, or a welcoming guest retreat. For those looking to build immediate equity, the unfinished basement stands as a blank canvas ready for your creative vision, whether you dream of a home cinema, a gym, or a custom hobby space. Perfectly situated within easy reach of schools, shopping, and major commuter routes, this property is more than just a house; it is the perfect place to call home. Have a look today and imagine the possibilities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,410.83/mo

Includes CMHC insurance ($13,110)

$
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5%10%50%

5-yr fixed avg.

Principal: $422,910Interest: $287,229
Mortgage Amount$436,020
Total Interest$287,229
Est. Property Tax$333/mo
Total Cost$723,249

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

40 Silvercreek Parkway Unit 30, 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)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$1,679

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 $470/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 50 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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    40 Silvercreek Parkway Unit 30, Guelph | $469,900 | Battaglia Team