87 Law Drive, Guelph

Price: $1,165,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13505826

Welcome to 87 Law Drive! Discover your dream home in Guelph's family-friendly East End. This meticulously maintained, one-owner detached 2-storey home offers over 3,200 sq. ft. of finished living space on a generous 42' x 127' lot. The bright main floor features a spacious traditional layout with large windows and a chef's kitchen boasting granite countertops, newer stainless steel appliances, and a convenient butler's pantry. The kitchen flows into a cozy dinette and family room with a fireplace, perfect for everyday living. Host gatherings in the elegant formal dining room, or work from home in the private office (convertible to a main-floor bedroom).Sliding doors lead to a private upper deck with stairs down to a covered lower deck, creating multiple year-round outdoor spaces. Upstairs, the primary retreat features a 5-pc ensuite with a jet tub and walk-in closet. Three additional spacious bedrooms and a second 5-pc bath complete the upper level.The fully finished walk-out basement adds incredible versatility with a registered accessory unit. This is ideal for rental income, guests, or multi-generational living. Step outside to a private backyard featuring a 15-ft saltwater pool. Excellent curb appeal is highlighted by a stamped concrete driveway/walkways, a 2-car garage, and ample parking. Complete with main-floor laundry/mudroom. Located close to top schools, parks, shopping, and amenities, this rare, versatile home is ready for its next chapter!

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New Listing
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$1,165,000 - 87 Law Drive, Guelph

Detached for Sale in Guelph

New — Listed 7 days ago

Neighbourhood: Grange Road

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13505826
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Guelph
Listing Brokerage
Royal LePage Royal City Realty
Description

Welcome to 87 Law Drive! Discover your dream home in Guelph's family-friendly East End. This meticulously maintained, one-owner detached 2-storey home offers over 3,200 sq. ft. of finished living space on a generous 42' x 127' lot. The bright main floor features a spacious traditional layout with large windows and a chef's kitchen boasting granite countertops, newer stainless steel appliances, and a convenient butler's pantry. The kitchen flows into a cozy dinette and family room with a fireplace, perfect for everyday living. Host gatherings in the elegant formal dining room, or work from home in the private office (convertible to a main-floor bedroom).Sliding doors lead to a private upper deck with stairs down to a covered lower deck, creating multiple year-round outdoor spaces. Upstairs, the primary retreat features a 5-pc ensuite with a jet tub and walk-in closet. Three additional spacious bedrooms and a second 5-pc bath complete the upper level.The fully finished walk-out basement adds incredible versatility with a registered accessory unit. This is ideal for rental income, guests, or multi-generational living. Step outside to a private backyard featuring a 15-ft saltwater pool. Excellent curb appeal is highlighted by a stamped concrete driveway/walkways, a 2-car garage, and ample parking. Complete with main-floor laundry/mudroom. Located close to top schools, parks, shopping, and amenities, this rare, versatile home is ready for its next chapter!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,153.19/mo

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5-yr fixed avg.

Principal: $932,000Interest: $613,956
Mortgage Amount$932,000
Total Interest$613,956
Est. Property Tax$825/mo
Total Cost$1,545,956

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: Grange Road

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

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

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.

70
Walk Score
Varies
Price Range

87 Law Drive, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$825
Insurance (est.)-$243
Net Cash Flow+$2,632

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 $583/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.

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.

Bathroom Count Matters

With 4 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 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.

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    87 Law Drive, Guelph | $1,165,000 | Battaglia Team