$572,990 - Lot 1639 - 74 Clair Road, Guelph
Condo for Sale in Guelph
35 days on market- MLS Number
- X13132506
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- Coldwell Banker Neumann Real Estate
Welcome to the Mirabelle, Elevation B, Lot 1639 - a brand new rear-lane townhome by Mattamy Homes offering exceptional value in Guelph's desirable south end. Scheduled for occupancy on March 18, 2027, this thoughtfully designed home includes 2 years of free maintenance fees, creating a truly low-maintenance lifestyle from day one. This 2-bedroom, 2.5-bathroom home offers 1,286 sq ft of well-designed living space and an outstanding price per square foot compared to many condos in South Guelph. The main level features an open-concept kitchen, living, and dining area, along with a convenient powder room. The kitchen is finished with quartz countertops, stainless steel appliances, and modern cabinetry, while additional upgrades include 9-foot ceilings, luxury vinyl flooring, and stained oak stairs throughout. The ground level offers a practical layout with a welcoming entryway, private garage, and laundry area. Upstairs, you'll find a spacious second bedroom, a full main bathroom, and a comfortable primary suite complete with its own ensuite bath. Additional highlights include one year of free internet, rear-lane access with private parking, and quality finishes throughout. Eligible buyers may also qualify for government rebates of up to an additional 13% off the purchase price of this new home. Designed for comfort, convenience, and modern living, the Mirabelle - Elevation B is an excellent opportunity for first-time buyers, professionals, and investors looking to enter one of Guelph's growing communities.
Estimate your monthly payments for this property
Estimated Payment
$2,939.74/mo
Includes CMHC insurance ($15,986)
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.
Lot 1639 - 74 Clair Road, 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 $477/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.
Market Position
At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $2,387 (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.