$1,024,900 - 97 Basswood Drive, Guelph
Condo for Sale in Guelph
103 days on market- MLS Number
- X12616414
- Property Type
- Condo
- Status
- active
- Days on Site
- 103
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- East West
- Balcony
- None
- Listing Brokerage
- Planet Realty Inc
Welcome to 97 Basswood Drive in The Village by the Arboretum, Guelph's premier 55+ community, where exceptional lifestyle, comfort, and connection truly come together. This is the double-car-garage bungalow you've been waiting for, beautifully designed to offer true main-floor living. The thoughtful layout includes 2 spacious bedrooms and 2 full bathrooms, including a private 3-piece ensuite. A bright eat-in kitchen, formal dining room, and two inviting living areas create the perfect flow for hosting family gatherings, relaxing with a good book, or entertaining friends in style. The unfinished basement serves as a versatile bonus - ideal for abundant storage or ready to be transformed into a personalized extension of your lifestyle, whether that means a cozy media room, hobby space, or guest retreat. Perfectly positioned towards the tranquil east end of the Village, this home offers a peaceful setting with lovely east/west exposures. Start your mornings in the sun-filled den and unwind in the glow of the afternoon and evening light from your back deck - a true daily luxury. Combining quiet surroundings, beautiful natural light, and the ease of one-level living - together with a vibrant, welcoming community - this exceptional home delivers the very best of the Village by the Arboretum lifestyle. Residents of this sought-after neighbourhood enjoy exclusive access to an incredible 42,000 sq. ft. recreation centre, complete with every club and amenity imaginable including a fitness room, indoor pool, library, workshop, social clubs, and endless opportunities to stay active, engaged, and inspired. An opportunity like this doesn't come often; discover comfort, connection, and community at its finest!
Estimate your monthly payments for this property
Estimated Payment
$4,533.48/mo
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.
97 Basswood Drive, 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 $641/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 103 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.
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 $4,270 (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.