$960,000 - 199 Summit Ridge Drive, Guelph
Detached for Sale in Guelph
37 days on marketNeighbourhood: Grange Road
- MLS Number
- X13576266
- Property Type
- Detached
- Status
- active
- Days on Site
- 37
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
Welcome to this beautifully maintained detached home in Guelph's sought-after East End. Freshly painted and move-in ready, it features an upgraded kitchen with granite countertops and quality cabinetry, hardwood flooring in the living and dining areas, and large windows that fill the home with natural light. A walkout leads to the private backyard, while exterior pot lights enhance curb appeal. Upstairs offers a spacious primary bedroom with a walk-in closet and 4-piece ensuite, two additional bedrooms, a full bathroom, a separate family room, and a dedicated office space. The legal finished basement adds exceptional value, featuring are creation area, kitchen, bedroom, and 3-piece bathroom-ideal for extended family, guests, or rental income potential. Conveniently located near schools, parks, trails, shopping, transit, and major amenities. Current tenants are willing to vacate, providing flexible possession. A fantastic opportunity for families and investors alike! Freshly Painted, Kitchen Has Granite C/Top, Upgraded Cabinets, Hardwood In Living, Dining With Huge Window, Upgraded Hardwood Staircase. No carpet on the Main & 2nd Floor, This home is equipped with 200 Amps E/P for efficient power supply.
Estimate your monthly payments for this property
Estimated Payment
$4,925.30/mo
Includes CMHC insurance ($26,784)
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 Grange Road
Grange Road 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 Grange Road
- •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
Grange Road 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.
199 Summit Ridge 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 $480/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 37 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.
Bathroom Count Matters
With 4 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.
About Grange Road
I know Grange Road 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.