$820,000 - 54 Bailey Avenue, Guelph
Detached for Sale in Guelph
New — Listed 5 days ago- MLS Number
- X13237990
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- DREAM VALLEY REALTY INC.
OFFERS ANYTIME! Located directly across the street from beautiful Bailey Park, this family-friendly, very safe area is a hidden gem that borders two highly desirable neighbourhoods: Riverside Park and Exhibition Park. 54 Bailey is a 3-bedroom, 2-bath brick home with a great layout that you'll notice as soon as you enter. The open-concept living/dining area is bright and functional, with access to the car garage and the backyard. Upstairs, you'll find 3 bedrooms and a full bath, perfect for a growing family. On the lower level, the basement is fully finished, with a recreation room offering endless possibilities for workout space, a bar, hangout space, and a future rental opportunity. The backyard is fully fenced and private, with a large shed and a flower garden. This home is in the catchment area for the highly desired Victory Public School district and Trillium Waldorf School, and it is a minute's walk to June Avenue Public School. and is just a short walk to Tim Hortons, Rexall, the Beer Store, Exhibition Park, Riverside Park, and many more shops and amenities. Get in while you can, one of the few homes at this price in the area! The key highlights are as follows.Located directly across the street from beautiful Bailey Park.Minutes' walk from Riverside Park.130 meters (less than 1 min walk) to the closest Bus Stop.5 min Drive and 10 min by bus to Guelph Central Station.Less than a 5-minute drive to Guelph General Hospital and St. Joseph's Health Centre, Guelph.Minutes' walk to June Avenue Public School (7.7 Fraser Institute Rating).Walmart, Home Depot, Canadian Tire, Tim Hortons, Rexall, TD Bank, and other key amenities are walkable or within a 3-minute drive.
Estimate your monthly payments for this property
Estimated Payment
$4,207.03/mo
Includes CMHC insurance ($22,878)
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.
54 Bailey Avenue, 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 $745/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.
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.
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.
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 $3,417 (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.