$849,900 - 40 Strathmere Place, Guelph
Detached for Sale in Guelph
- MLS Number
- X13212306
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph
- Lot Size
- 6,910 sqft
- Listing Brokerage
- COLDWELL BANKER ESCARPMENT REALTY
Pool is OPEN! Welcome to 40 Strathmere Place, this 3+ 1 bed side split in Riverside Park; close to schools, shopping, restaurants and parks is ready for the next family looking to experience summer fun! Heated inground pool with full sun and plenty of room for entertaining: wood deck off Dining Room & stone deck at pool level. Plenty of landscaped garden beds plus grass, completes the backyard oasis. 3 Rec Rooms - one on each level, perfect for the fun loving family! The spacious foyer offers closet space for when company arrives and a main floor full bathroom. Upstairs you will find a large living room with gleaming hardwood floors, a large picture window, perfect for formal gatherings. The large eat-in kitchen has built in appliances and a large window which overlooks the stunning backyard. Dining room overlooks the pool deck area, accessed through 2nd set of sliding doors and walk out onto a new wood deck. This home has a great deal of natural light. Upstairs you will find 3 bedrooms with hardwood flooring, large windows and a 4-piece bath with storage closet. The basement offers a large family room with above grade windows, laminate flooring and a gas fireplace. The fourth bedroom is located in the basement with a large above grade window - income potential! The outdoor Cedar Cabana is great for guests to change after swimming, with plenty of room to store all pool supplies, toys etc. A single attached garage plus a shed for storage of power tools, winter tires and sporting equipment is situated at the end of the grand 2+ wide driveway that can accommodate 4+ cars or the RV or boat if desired. Freshly painted throughout, with many of the big ticket items already completed. Nothing left to do, just enjoy the rest of the summer by the pool.
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
5-yr fixed avg.
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.
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
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.
40 Strathmere Place, Guelph
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $567/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.
Market Position
At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.