$688,888 - 491 Elmira Road, Guelph
Detached for Sale in Guelph
Popular ListingNeighbourhood: Willow West/Sugarbush/West Acres
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- MLS Number
- X13835926
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 5
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph
- Taxes (2026)
- $4,598
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Exceptional opportunity on this Residential home with a large lot zoned Industrial B! This unique property combines an existing detached dwelling with the flexibility and potential of industrial zoning. The existing building may lend itself well to office, professional or other permitted commercial uses, making this an intriguing option for business owners, investors or owner/users. The generous lot offers plenty of space and exciting possibilities for those looking to establish or expand their business presence. A rare opportunity to acquire a property offering an existing building, substantial lot size and versatile zoning.
Estimate your monthly payments for this property
Estimated Payment
$3,534.35/mo
Includes CMHC insurance ($19,220)
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 Willow West/Sugarbush/West Acres
Willow West/Sugarbush/West Acres 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 Willow West/Sugarbush/West Acres
- •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
Willow West/Sugarbush/West Acres 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.
491 Elmira Road, 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 $984/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.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph.
About Willow West/Sugarbush/West Acres
I know Willow West/Sugarbush/West Acres 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 $2,870 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.