HN
108 SUMMIT RIDGE Drive 207, Guelph, ON N1E 0P8, Guelph, ON
+8 photos
$524,699

108 SUMMIT RIDGE Drive 207, Guelph, ON N1E 0P8, Guelph, ON

Guelph, ON N1E 0P8
2 beds 2 baths Common Element Condo

About this home

Welcome to Grange Hill! 108 Summit Ridge is a great pet friendly choice for those looking to be closer to nature, with long trails and beautiful greenery that Guelph takes pride in conserving. The view at unit 207 faces the Greenland that is surrounding Guelph Lake - only 6 minutes drive away. Public Transit is right behind the building, giving access to the whole city within a 15-30 minute commute. That includes big box stores, grocery stores, banks, pharmacies and more!, most falling under a 20 minute transit. University of Guelph and Guelph GO Station are only a 10 minute drive, and under 20 minute transit commute. This spacious 2 Bedroom 2 Bath unit along with 1 OWNED PARKING and 1 OWNED LOCKER is a wonderful choice for those looking to have ample space, have beautiful views and still be close enough to the city for all your consumer needs. Come book a showing at Unit 207 and see for yourself the benefits of this gorgeous living space!

Property Score

58/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
62/100good
GO Transit, LRT, and bus access from this neighborhood.
Schools
80/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
64% of city avggreat
Priced below Guelph's average of $825,000.
Appreciation Trend
+1.9%/yrgreat
Guelph has seen +1.9% YoY price change.
Monthly Cash Flow
-$1,530/mopoor
Estimated -$1,530/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.11%poor
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13093794
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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