$997,750 - 406 Ironwood Road, Guelph
Detached for Sale in Guelph
Neighbourhood: Kortright West
- MLS Number
- X13414804
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- Royal LePage Royal City Realty
LOCATION LOCATION LOCATION. This immaculate raised bungalow is set in a mature south end neighbourhood close to shopping, transit and offering easy access for commuters. Hardwood flooring runs throughout the entire main level while the formal living room and dining rooms connect easily the updated kitchen. From there you'll appreciate the rear deck off the kitchen that's ideal for summer bbq season while enjoying the view over your large fenced yard! Back inside, 3 bedrooms and a 4pc bath complete the main level. The lower level is on-ground and gives direct access to the heated double car garage. The family room is the perfect place for movie nights and casual entertaining. An added bonus comes in the Murphy bed wall unit and also 4th bedroom where guests can stay and have access to a nicely updated 3pc bath. A spacious laundry room and craft/storage room nicely rounds out this finished space. Improvements include: all vinyl windows approx 9 years old, furnace and ac (2024), shingles approx 10 years old, central vac 3 yrs old, additional insulation to R30 value above garage and in attic, newer front door and garage door as well.
Estimate your monthly payments for this property
Estimated Payment
$5,118.97/mo
Includes CMHC insurance ($27,837)
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 Kortright West
Kortright West 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 Kortright West
- •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
Kortright West 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.
406 Ironwood Road, Guelph
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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
Fair Market Value
At $907/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 28 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 Kortright West
I know Kortright West 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 $4,157 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.