$989,900 - 183 Elizabeth Street, Guelph
Detached for Sale in Guelph
Neighbourhood: St. Patrick's Ward
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- MLS Number
- X13755960
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Guelph
- Taxes (2026)
- $6,024
- Listing Brokerage
- Royal LePage Royal City Realty
Some homes you really need to see to appreciate - this is one of them.This impeccably renovated bungalow offers so much more than meets the eye. Sitting on a massive lot in the heart of St. Patrick's Ward, you're just steps from amazing parks and shopping, with a quick walk to downtown - and when you step into your backyard, endless possibilities await.Thoughtfully redesigned from the outside in, this bright and spacious home has a super cool vibe throughout, with handmilled woodwork and a build that's been reimagined literally from the inside out. Offering 2,000 sq. ft. of living space, you'll find three bedrooms, including a generous primary suite with a 49 sq. ft. walk-in closet, plus a convenient 4-piece bathroom and main-floor laundry.At the heart of the home, the kitchen blends modern style with everyday function - custom knotty pine cabinetry, quartz countertops, ample storage, a large island, and an industrial-sized refrigerator. The living room's cozy fireplace flows seamlessly into the dining room, creating the perfect space for everyday living and entertaining. Downstairs, the finished basement is a legal accessory apartment - offering far more than just a mortgage helper. Whether you're looking to generate rental income or create an amazing setup for multigenerational living, this space delivers, with one bedroom, a 4-piece bathroom, and a spacious rec room and a den. Outside, a detached 800 sq. ft. workshop offers incredible versatility, for hobbies, projects, storage, or a home-based business. Extensive renovations throughout provide true peace of mind, including updated insulation, drywall, flooring, custom doors and trim, and beautifully finished bathrooms and kitchen.
Estimate your monthly payments for this property
Estimated Payment
$5,078.70/mo
Includes CMHC insurance ($27,618)
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 St. Patrick's Ward
St. Patrick's Ward 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 St. Patrick's Ward
- •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
St. Patrick's Ward 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.
183 Elizabeth 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 29 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph. Good resale value as demand remains consistent.
About St. Patrick's Ward
I know St. Patrick's Ward 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.