$798,000 - 55 Teal Drive Unit 41, Guelph
Condo for Sale in Guelph
93 days on market- MLS Number
- X12878464
- Property Type
- Condo
- Status
- active
- Days on Site
- 93
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- EASY LIST REALTY LTD.
*** Visit the REALTOR website for further information about this Listing *** Advertised price: The applicable rebates are included in the purchase price, provided the rebate documents are signed and assigned to the builder on closing. Stunning 2,227 sq ft, Double Car Garage Condo Townhome in Guelph Welcome to this beautifully upgraded 2,227 sq. ft. Condo townhome in Guelph, offering the perfect combination of space, style, and functionality. A rare and highly desirable 2-car garage sets this home apart from most townhomes, providing convenient parking and valuable additional storage. Step inside to an inviting main level featuring 9-foot ceilings and upgraded hardwood flooring, creating a bright, open, and elegant living space perfect for everyday living and entertaining. The modern kitchen is thoughtfully designed with upgraded cabinetry, sleek quartz countertops, and a full suite of five included appliances, making it both stylish and move-in ready. The home continues to impress with quartz countertops in both the kitchen and bathrooms, adding a consistent touch of luxury throughout. With 2,227 square feet of well-designed living space, there is plenty of room for families, professionals, or those simply looking for extra space to live and work comfortably. Located in a desirable area of Guelph close to parks, schools, shopping, and commuter routes, this home delivers exceptional value with its modern upgrades, spacious layout, 9-foot ceilings, and rare double-car garage. A fantastic opportunity to own a stylish and spacious townhome in one of Ontario's most sought-after communities. Estimated completion April 2026.
Estimate your monthly payments for this property
Estimated Payment
$4,094.15/mo
Includes CMHC insurance ($22,264)
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.
55 Teal Drive Unit 41, 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 $399/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 93 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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.
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 $3,325 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.