Are you looking for a place in Canada to buy a home that has a strong economy, a vibrant downtown, and a variety of cultural and recreational amenities while being a safe and family-friendly community? Then Guelph is right up your alley. In recent years this city has shown steady growth, which is only expected to continue in the future. This means there is a demand for housing in Guelph, which could lead to an appreciation of property values. Combine this with the fact that the cost of living in Guelph is lower than in many other major Canadian cities, and you have one of the more affordable options for homebuyers, especially first-time homebuyers.
We believe that in the upcoming years, Guelph is surely going to become a real estate hotspot; that is why we have compiled a list of 4 properties which were sold recently to help you understand what you can get in an annual household income of $150K.
Sold Price: $705,000
If you're in the market for a detached home in Guelph, 417 Auden Road exemplifies the ideal choice you should consider. This remarkable property was quickly sold within a mere 7 days of being listed, boasting three bedrooms, two bathrooms, and two kitchens. Situated in one of Guelph's most sought-after areas, it offers convenient access to excellent schools, beautiful parks, and scenic trails, all within walking distance.
This family-oriented home has undergone professional painting throughout, revitalising its appearance and serving as an enticing feature for new homeowners. With a budget-friendly price of $705,000, this property comes equipped with the latest amenities and is move-in ready, making it an exceptional opportunity for prospective buyers.
Sold Price: $782,000
If you have a preference for single-family residences, then 24 Sandcreek Lane exemplifies the type of home you can acquire with an annual household income of $150K. The rapid sale of this property, within just 8 days of being listed and at a remarkable 11.87% above the initial asking price, serves as a true testament to the exceptional quality of this residence.
Featuring three bedrooms, two bathrooms, and a garage, this home offers an abundance of desirable features, including an eat-in kitchen and a conveniently spacious laundry room. When describing this semi-detached home, two words immediately come to mind: space and style. It surpasses the average size and is exceptionally well-maintained. Stepping through the front door, you are greeted by an impressive entrance boasting high-quality engineered flooring, a generously proportioned foyer, and an inviting living and dining area.
Sold Price: $747,500
This impressive 3-bedroom, 4-bathroom home in Guelph has everything a homebuyer desires. It sold within just 10 days of listing, offering a multitude of amenities that provide excellent value. The open-concept layout seamlessly connects the kitchen, dining, and living areas, leading to a rear deck and a spacious yard. With a well-appointed kitchen, ample cabinetry, and an inviting island, it's perfect for both entertaining and everyday enjoyment. Upstairs, three large bedrooms await, accompanied by an upstairs laundry area. The primary bedroom features a 4-piece ensuite and a walk-in closet. The finished basement adds extra living space with a modern 3-piece bathroom.
Sold Price: $650,000
This stunning Condo, featuring three bedrooms, two bathrooms, and a Garage, was swiftly sold within just 29 days of being listed. The fortunate new owners are currently relishing the serene park views, tennis courts, and breathtaking sunsets offered by this completely renovated 1498-square-foot residence. A notable highlight of this Condo is the generously sized living room, complete with an electric fireplace and an exquisite built-in wall unit, perfect for cosying up during chilly Canadian winters.
Priced at an affordable $650,000, the proud homeowners now enjoy a spacious enclosed balcony, a primary bedroom with an ensuite bathroom, a sizable second bedroom conveniently located near a separate bathroom, and a third bedroom. In addition, the Condo includes in-suite laundry facilities and a generous walk-in storage room. If you're in search of a remarkable Condo in Guelph, this property stands as an excellent choice.
Final thoughts
As of July 2023, the real estate market in Guelph is thriving, with an average home price of $821,760 and a median time of just 16 days on the market. If you're looking to buy a home in Guelph and wondering about the most popular areas, Downtown Guelph, West End Guelph, East End Guelph, Clairmont, and Stone Road stand out as the top choices. These areas have been experiencing a surge in demand, particularly during the fall and winter seasons when the housing market sees a significant increase in sales. Whether you're seeking a vibrant urban setting or a cosy neighbourhood, Guelph offers a range of options to cater to diverse preferences and lifestyles.