55 Teal Drive Unit 43, Guelph

Price: $740,000

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: X13651376

Visit the REALTOR website for further information about this Listing. Welcome to this beautifully upgraded 2,025 sq. ft. condo townhome in Guelph, offering the perfect combination of space, style, and functionality. Thoughtfully designed and well-appointed, this home delivers comfortable living with a modern touch. Step inside to an inviting main level featuring 9-foot ceilings and upgraded hardwood flooring, creating a bright, open, and elegant living space perfect for everyday living and entertaining. The modern kitchen is thoughtfully designed with upgraded cabinetry, sleek quartz countertops, and a full suite of five included appliances, making it both stylish and move-in ready. The home continues to impress with quartz countertops in both the kitchen and bathrooms, adding a consistent touch of luxury throughout. With 2,025 square feet of well-designed living space, there is plenty of room for families, professionals, or those simply looking for extra space to live and work comfortably Located in a desirable area of Guelph close to parks, schools, shopping, and commuter routes, this home delivers exceptional value with its modern upgrades, spacious layout and stunning finishes. A fantastic opportunity to own a stylish and spacious townhome in one of Ontario's most sought-after communities.

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$740,000 - 55 Teal Drive Unit 43, Guelph

Condo for Sale in Guelph

Neighbourhood: Kortright Hills

3Beds
3Baths
2,000 - 2,499Sq Ft
Condo
Property Details
MLS Number
X13651376
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Guelph
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
EASY LIST REALTY LTD.
Description

Visit the REALTOR website for further information about this Listing. Welcome to this beautifully upgraded 2,025 sq. ft. condo townhome in Guelph, offering the perfect combination of space, style, and functionality. Thoughtfully designed and well-appointed, this home delivers comfortable living with a modern touch. Step inside to an inviting main level featuring 9-foot ceilings and upgraded hardwood flooring, creating a bright, open, and elegant living space perfect for everyday living and entertaining. The modern kitchen is thoughtfully designed with upgraded cabinetry, sleek quartz countertops, and a full suite of five included appliances, making it both stylish and move-in ready. The home continues to impress with quartz countertops in both the kitchen and bathrooms, adding a consistent touch of luxury throughout. With 2,025 square feet of well-designed living space, there is plenty of room for families, professionals, or those simply looking for extra space to live and work comfortably Located in a desirable area of Guelph close to parks, schools, shopping, and commuter routes, this home delivers exceptional value with its modern upgrades, spacious layout and stunning finishes. A fantastic opportunity to own a stylish and spacious townhome in one of Ontario's most sought-after communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,796.58/mo

Includes CMHC insurance ($20,646)

$
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5%10%50%

5-yr fixed avg.

Principal: $666,000Interest: $452,329
Mortgage Amount$686,646
Total Interest$452,329
Est. Property Tax$524/mo
Total Cost$1,138,975

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: Kortright Hills

Discover Kortright Hills

Kortright Hills 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 Hills

  • 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

Kortright Hills 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

55 Teal Drive Unit 43, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,560/mo
Range: $3,026 - $4,094
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,560
Maintenance Fees-$1,300
Property Tax (est.)-$524
Insurance (est.)-$154
Net Cash Flow+$1,582

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 $370/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 16 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 Kortright Hills

I know Kortright Hills 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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    55 Teal Drive Unit 43, Guelph | $740,000 | Battaglia Team