31 Nicholas Way, Guelph

Price: $1,243,900

3 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13602590

Brand New Terra View Masterpiece in NiMa Trails! Built to ultra-efficient Net-Zero Ready standards, this contemporary home blends modern tech with luxury design. HIGHLIGHTS: MAIN FLOOR: Soaring floor-to-ceiling windows, open-concept great room, chef's kitchen with walk-in pantry, private den behind French doors, and practical mudroom. SECOND LEVEL: Primary retreat with spa-like ensuite (soaker tub + glass shower), 2 large secondary bedrooms, full laundry room, plus a huge bonus/media room. Basement: Premium walk-out lower level roughed-in for kitchen/bath/laundry-perfect for an income or in-law suite! Incredible value: Price reflects all builder promotions and HST rebates. Don't miss this premier community opportunity!

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$1,243,900 - 31 Nicholas Way, Guelph

Detached for Sale in Guelph

Neighbourhood: Victoria North

3Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13602590
Property Type
Detached
Status
active
Days on Site
30
Bedrooms
3
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Guelph
Listing Brokerage
Keller Williams Home Group Realty
Description

Brand New Terra View Masterpiece in NiMa Trails! Built to ultra-efficient Net-Zero Ready standards, this contemporary home blends modern tech with luxury design. HIGHLIGHTS: MAIN FLOOR: Soaring floor-to-ceiling windows, open-concept great room, chef's kitchen with walk-in pantry, private den behind French doors, and practical mudroom. SECOND LEVEL: Primary retreat with spa-like ensuite (soaker tub + glass shower), 2 large secondary bedrooms, full laundry room, plus a huge bonus/media room. Basement: Premium walk-out lower level roughed-in for kitchen/bath/laundry-perfect for an income or in-law suite! Incredible value: Price reflects all builder promotions and HST rebates. Don't miss this premier community opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,502.19/mo

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5%20%50%

5-yr fixed avg.

Principal: $995,120Interest: $655,537
Mortgage Amount$995,120
Total Interest$655,537
Est. Property Tax$881/mo
Total Cost$1,650,657

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.

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Neighbourhood Guide: Victoria North

Discover Victoria North

Victoria North 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 Victoria North

  • Convenient location in Guelph
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Victoria North 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.

70
Walk Score
Varies
Price Range

31 Nicholas Way, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,150/mo
Range: $2,678 - $3,622
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,150
Maintenance Fees-$0
Property Tax (est.)-$881
Insurance (est.)-$259
Net Cash Flow+$2,010

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $498/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 30 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.

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.

Bathroom Count Matters

With 3 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 Victoria North

I know Victoria North 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.

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    31 Nicholas Way, Guelph | $1,243,900 | Battaglia Team