$990,000 - 164 King Street, Guelph
Detached for Sale in Guelph
Neighbourhood: General Hospital
- MLS Number
- X13452636
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- Royal LePage Royal City Realty
Welcome to this charming circa-1900 bungalow, beautifully situated on one of the area's most picturesque tree-lined streets. Rich in character and thoughtfully updated throughout, this inviting 2-bedroom home offers the perfect blend of historic charm and modern comfort. Ideally located just steps from the hospital and within easy walking distance of downtown shops, cafés, restaurants, parks, and everyday amenities, the location is as appealing as the home itself. At the heart of the home is a stunning custom-renovated kitchen, designed for both functionality and gathering with family and friends. Heated floors in the front entrance, kitchen, and bathroom add a touch of everyday luxury and year-round comfort. Recent upgrades, including a new roof and new windows, provide peace of mind and make this home truly move-in ready. The finished lower-level room offers exceptional flexibility, serving equally well as a cozy family room, home office, fitness space, or guest retreat. A convenient walkout leads to a private backyard patio-an ideal setting for morning coffee, summer evenings, entertaining, or simply relaxing in a peaceful outdoor space. Whether you're a first-time buyer, professional, downsizer, or anyone seeking a walkable lifestyle, this special property offers a rare opportunity to enjoy the warmth and character of a bygone era with all the conveniences of modern living. Full of charm, thoughtful updates, and an undeniable sense of home, this is a property you'll be proud to call your own.
Estimate your monthly payments for this property
Estimated Payment
$5,079.21/mo
Includes CMHC insurance ($27,621)
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 General Hospital
General Hospital 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 General Hospital
- •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
General Hospital 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.
164 King Street, 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
Fair Market Value
At $900/sqft, this property is priced in line with current Guelph market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 19 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.
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.
About General Hospital
I know General Hospital well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $4,125 (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.