500 WATSON Parkway, Guelph

Price: $1,099,900

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13080994

500 Watson Pkwy S is a versatile 3+1 bdrm home W/over 3100sqft of living space W/perfect layout for main floor in-law or income suite W/its own private entrance! This home offers best of both worlds: peaceful country-style living with scenic views while being mins to UofG, Stone Rd Mall, groceries, schools & trails! Ideal fit for multigenerational families, blended households or savvy buyers looking for flexible living arrangements & rental potential. Step inside to living room W/rich hardwood, picture windows & 2 skylights. Adjacent dining area W/cork flooring opens to kitchen W/panoramic windows, custom wood cabinetry, butcher block counters, farmhouse sink & sleek panel-ready fridge that blends seamlessly into the design. For entertainers & chefs the add'l prep kitchen provides storage, beverage fridge & 2nd sink-perfect for hosting holidays or everyday life. Sitting nook leads to back patio-perfect spot to enjoy morning coffee while listening to the birds. On opposite wing, 2nd living room W/fireplace & B/I bench seating sets the stage for family evenings. This wing also offers kitchenette, renovated 4pc bath W/soaker tub, W/I shower & bdrm with W/I closet-ideal for in-law suite or private guest quarters. Upstairs the primary bdrm offers large windows, private balcony & W/I closet W/custom organizers. Off the primary is flexible office space or dressing area & massive bonus room-currently set up as theatre & games room with 3-way fireplace, B/I speakers & projector system. There is another bdrm & 5pc bath W/dual sinks & tub/shower. Finished bsmt W/4th bdrm, 3pc bath, sauna & storage. Outside the large yard has multiple entertaining areas: back patio, private side deck, greenhouse & shed. With triple-wide driveway + add'l driveway there's more than enough room for guests, work vehicles, trailers & toys. Can easily park 10+ cars! Mins to Starkey Hill & Smith Property Loop for weekend hikes & bike rides. A Warm inviting space with room to grow & space for everyone!

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$1,099,900 - 500 WATSON Parkway, Guelph

Detached for Sale in Guelph

46 days on market
4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13080994
Property Type
Detached
Status
active
Days on Site
46
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Guelph
Listing Brokerage
RE/MAX Real Estate Centre Inc
Description

500 Watson Pkwy S is a versatile 3+1 bdrm home W/over 3100sqft of living space W/perfect layout for main floor in-law or income suite W/its own private entrance! This home offers best of both worlds: peaceful country-style living with scenic views while being mins to UofG, Stone Rd Mall, groceries, schools & trails! Ideal fit for multigenerational families, blended households or savvy buyers looking for flexible living arrangements & rental potential. Step inside to living room W/rich hardwood, picture windows & 2 skylights. Adjacent dining area W/cork flooring opens to kitchen W/panoramic windows, custom wood cabinetry, butcher block counters, farmhouse sink & sleek panel-ready fridge that blends seamlessly into the design. For entertainers & chefs the add'l prep kitchen provides storage, beverage fridge & 2nd sink-perfect for hosting holidays or everyday life. Sitting nook leads to back patio-perfect spot to enjoy morning coffee while listening to the birds. On opposite wing, 2nd living room W/fireplace & B/I bench seating sets the stage for family evenings. This wing also offers kitchenette, renovated 4pc bath W/soaker tub, W/I shower & bdrm with W/I closet-ideal for in-law suite or private guest quarters. Upstairs the primary bdrm offers large windows, private balcony & W/I closet W/custom organizers. Off the primary is flexible office space or dressing area & massive bonus room-currently set up as theatre & games room with 3-way fireplace, B/I speakers & projector system. There is another bdrm & 5pc bath W/dual sinks & tub/shower. Finished bsmt W/4th bdrm, 3pc bath, sauna & storage. Outside the large yard has multiple entertaining areas: back patio, private side deck, greenhouse & shed. With triple-wide driveway + add'l driveway there's more than enough room for guests, work vehicles, trailers & toys. Can easily park 10+ cars! Mins to Starkey Hill & Smith Property Loop for weekend hikes & bike rides. A Warm inviting space with room to grow & space for everyone!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.23/mo

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5-yr fixed avg.

Principal: $879,920Interest: $579,649
Mortgage Amount$879,920
Total Interest$579,649
Est. Property Tax$779/mo
Total Cost$1,459,569

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

500 WATSON Parkway, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$2,542

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 $440/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 46 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.

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.

Bathroom Count Matters

With 3 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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    500 WATSON Parkway, Guelph | $1,099,900 | Battaglia Team