42 Frasson Drive, Guelph

Price: $975,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13004248

Welcome to this MULTIGENERATIONAL and beautifully maintained 2-story brick family home with over 2,962 sq ft of living space. Step inside to find engineered hardwood flooring throughout, setting a warm, cohesive tone throughout every room. The large living room flows seamlessly into the dining area, making it ideal for entertaining or relaxed family gatherings. The upgraded kitchen is both stylish and functional, featuring quartz countertops, a glass tile backsplash, and an updated fridge, stove, and dishwasher (all replaced in 2019). It features a convenient walkout to the backyard and a large, oversized deck. The primary bedroom is generously sized and features wall-to-wall closets, while two additional bedrooms and two full bathrooms provide ample space for family or guests. The laundry room is conveniently located on the second floor, and both the washer & dryer were replaced in 2021. A standout feature is the large second-floor family room. Downstairs, the separate-entrance basement opens up exciting possibilities. It includes two bedrooms, a bathroom, and a spacious living room, making it ideal for extended family and guests, or a NANNY Suite. Basement windows are above grade. The water softener was replaced in 2023, adding peace of mind for years to come. This home truly grows with you, offering space, upgrades, and versatility in a fantastic Guelph location. See it for yourself and imagine the possibilities! Furnace replaced. Wrought-iron railings re-done. The roof was replaced.

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$975,000 - 42 Frasson Drive, Guelph

Detached for Sale in Guelph

65 days on market
5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13004248
Property Type
Detached
Status
active
Days on Site
65
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Guelph
Listing Brokerage
CENTURY 21 MILLENNIUM INC.
Description

Welcome to this MULTIGENERATIONAL and beautifully maintained 2-story brick family home with over 2,962 sq ft of living space. Step inside to find engineered hardwood flooring throughout, setting a warm, cohesive tone throughout every room. The large living room flows seamlessly into the dining area, making it ideal for entertaining or relaxed family gatherings. The upgraded kitchen is both stylish and functional, featuring quartz countertops, a glass tile backsplash, and an updated fridge, stove, and dishwasher (all replaced in 2019). It features a convenient walkout to the backyard and a large, oversized deck. The primary bedroom is generously sized and features wall-to-wall closets, while two additional bedrooms and two full bathrooms provide ample space for family or guests. The laundry room is conveniently located on the second floor, and both the washer & dryer were replaced in 2021. A standout feature is the large second-floor family room. Downstairs, the separate-entrance basement opens up exciting possibilities. It includes two bedrooms, a bathroom, and a spacious living room, making it ideal for extended family and guests, or a NANNY Suite. Basement windows are above grade. The water softener was replaced in 2023, adding peace of mind for years to come. This home truly grows with you, offering space, upgrades, and versatility in a fantastic Guelph location. See it for yourself and imagine the possibilities! Furnace replaced. Wrought-iron railings re-done. The roof was replaced.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,002.26/mo

Includes CMHC insurance ($27,203)

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5%10%50%

5-yr fixed avg.

Principal: $877,500Interest: $595,974
Mortgage Amount$904,703
Total Interest$595,974
Est. Property Tax$691/mo
Total Cost$1,500,677

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

42 Frasson Drive, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$691
Insurance (est.)-$203
Net Cash Flow+$2,806

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 $488/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 65 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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph.

Bathroom Count Matters

With 4 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 $4,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    42 Frasson Drive, Guelph | $975,000 | Battaglia Team