406 Ironwood Road, Guelph

Price: $997,750

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13414804

LOCATION LOCATION LOCATION. This immaculate raised bungalow is set in a mature south end neighbourhood close to shopping, transit and offering easy access for commuters. Hardwood flooring runs throughout the entire main level while the formal living room and dining rooms connect easily the updated kitchen. From there you'll appreciate the rear deck off the kitchen that's ideal for summer bbq season while enjoying the view over your large fenced yard! Back inside, 3 bedrooms and a 4pc bath complete the main level. The lower level is on-ground and gives direct access to the heated double car garage. The family room is the perfect place for movie nights and casual entertaining. An added bonus comes in the Murphy bed wall unit and also 4th bedroom where guests can stay and have access to a nicely updated 3pc bath. A spacious laundry room and craft/storage room nicely rounds out this finished space. Improvements include: all vinyl windows approx 9 years old, furnace and ac (2024), shingles approx 10 years old, central vac 3 yrs old, newer front door and garage door as well.

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active
New Listing
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$997,750 - 406 Ironwood Road, Guelph

Detached for Sale in Guelph

New — Listed 4 days ago
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13414804
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Guelph
Listing Brokerage
Royal LePage Royal City Realty
Description

LOCATION LOCATION LOCATION. This immaculate raised bungalow is set in a mature south end neighbourhood close to shopping, transit and offering easy access for commuters. Hardwood flooring runs throughout the entire main level while the formal living room and dining rooms connect easily the updated kitchen. From there you'll appreciate the rear deck off the kitchen that's ideal for summer bbq season while enjoying the view over your large fenced yard! Back inside, 3 bedrooms and a 4pc bath complete the main level. The lower level is on-ground and gives direct access to the heated double car garage. The family room is the perfect place for movie nights and casual entertaining. An added bonus comes in the Murphy bed wall unit and also 4th bedroom where guests can stay and have access to a nicely updated 3pc bath. A spacious laundry room and craft/storage room nicely rounds out this finished space. Improvements include: all vinyl windows approx 9 years old, furnace and ac (2024), shingles approx 10 years old, central vac 3 yrs old, newer front door and garage door as well.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,118.97/mo

Includes CMHC insurance ($27,837)

$
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5%10%50%

5-yr fixed avg.

Principal: $897,975Interest: $609,880
Mortgage Amount$925,812
Total Interest$609,880
Est. Property Tax$707/mo
Total Cost$1,535,692

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

406 Ironwood 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)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$707
Insurance (est.)-$208
Net Cash Flow+$2,285

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

Fair Market Value

At $907/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.

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 $4,157 (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.

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    406 Ironwood Road, Guelph — $997,750 | Battaglia Team