$799,999 - 27 Palermo Crescent, Guelph
Detached for Sale in Guelph
New — Listed yesterdayNeighbourhood: Grange Road
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X13866484
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Guelph
- Taxes (2026)
- $4,654
- Listing Brokerage
- Royal LePage Royal City Realty
Welcome to 27 Palermo Crescent, a cozy red brick bungalow in Guelph's desirable Grange Road neighbourhood. Offering 3 bedrooms and 2 bathrooms, this inviting home features a functional layout with plenty of space for comfortable living. The bright main-floor living room showcases large windows, pot lights and hardwood flooring, while the eat-in kitchen offers a double sink and ample storage. Three hardwood-floored bedrooms share a convenient 4-piece bathroom. The finished basement adds excellent versatility with a spacious recreation room, 3-piece bathroom, laundry room, wet bar and additional living room, creating an ideal space for extended family, guests or flexible living arrangements, with potential for a secondary dwelling unit, subject to approvals. Outside, the fully fenced backyard offers ample room for outdoor living and entertaining. With parking for three vehicles and a convenient location close to schools, parks and everyday amenities, this home is an excellent opportunity for first-time buyers, multi-generational families or investors.
Estimate your monthly payments for this property
Estimated Payment
$4,104.41/mo
Includes CMHC insurance ($22,320)
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.
27 Palermo Crescent, Guelph
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $727/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.