88 Decorso Drive Unit 87, Guelph

Price: $579,999

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: X13614302

Welcome to this beautiful three storey, three bedroom end-unit townhome, ideally located in Guelph's highly desirable south end. As an end unit, this home is filled with natural light thanks to the abundance of additional windows. The open concept main living area features 9-foot ceilings and a walkout to a private balcony, creating the perfect space for relaxing or entertaining. Upstairs, you'll find three spacious bedrooms and the convenience of third floor laundry. Ideally situated just minutes from the University of Guelph, shopping, restaurants, parks, schools, and all major amenities, this home offers the perfect blend of comfort, style, and convenience.

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$579,999 - 88 Decorso Drive Unit 87, Guelph

Townhouse for Sale in Guelph

Neighbourhood: Kortright East

3Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
X13614302
Property Type
Townhouse
Status
active
Days on Site
26
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Guelph
Listing Brokerage
LifeStyle International Realty Inc
Description

Welcome to this beautiful three storey, three bedroom end-unit townhome, ideally located in Guelph's highly desirable south end. As an end unit, this home is filled with natural light thanks to the abundance of additional windows. The open concept main living area features 9-foot ceilings and a walkout to a private balcony, creating the perfect space for relaxing or entertaining. Upstairs, you'll find three spacious bedrooms and the convenience of third floor laundry. Ideally situated just minutes from the University of Guelph, shopping, restaurants, parks, schools, and all major amenities, this home offers the perfect blend of comfort, style, and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.69/mo

Includes CMHC insurance ($16,182)

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5-yr fixed avg.

Principal: $521,999Interest: $354,528
Mortgage Amount$538,181
Total Interest$354,528
Est. Property Tax$411/mo
Total Cost$892,708

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 East

Discover Kortright East

Kortright East 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 East

  • 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 East 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

88 Decorso Drive Unit 87, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$2,018

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 $527/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 26 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Guelph have shown strong appreciation as families seek more space.

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.

About Kortright East

I know Kortright East 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 $2,417 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    88 Decorso Drive Unit 87, Guelph | $579,999 | Battaglia Team