What types of mortages are available and how can I get pre-approved?

In Guelph, you can find fixed-rate, variable-rate, and adjustable-rate mortgages. To get pre-approved, gather your financial documents (proof of income, assets, debts, ID) and contact a bank or mortgage broker. They'll assess your financial health and determine how much you can borrow. Pre-approval can make your property search in Guelph more focused and efficient.

How can I get a home inspection in Guelph?

To get a home inspection in Guelph, you can contact local inspection services directly. Check online directories or real estate platforms like Zillow for recommended inspectors in the Wellington area. Ensure they're certified and have good reviews. Most companies offer booking through their websites or by phone. Prices vary between companies, so request quotes for comparison.

How can I verify the safety and crime rates in a particular Guelph neighborhood?

To verify the safety and crime rates in a neighborhood within Guelph, consult the City of Guelph's community safety reports available at the official city website. Additionally, explore the Crime Mapping Tool provided by the Guelph Police Service for real-time crime data across different areas. This tool is accessible online and offers insights into various crime types and their frequencies.

What is the process of purchasing a property in Guelph?

In Guelph, purchasing property involves obtaining a mortgage pre-approval, finding a real estate agent, searching for properties, making an offer, conducting a home inspection and appraisal, securing financing, and finally closing the deal. Closing costs typically include land transfer tax, legal fees, and title insurance, amounting to approximately 1.5-4% of the purchase price. For land transfer tax rates, visit http://ontario.ca.

Property for sale in Guelph - AllClassifieds.ca

What are the property taxes in Guelph and are there any other ongoing costs I should consider?

In Guelph, property taxes are based on your property's assessed value and the current tax rate, which, for 2022, is approximately 1.18%. Other ongoing costs might include utilities, insurance, and maintenance fees. Remember, yearly assessments can affect your property taxes. For detailed rates, check the City of Guelph's official website or the Wellington County website.

What types of upfront costs and fees will I have to pay when purchasing a property in Guelph?

In city of Guelph, upfront costs for purchasing property include land transfer tax, home inspection fee, potentially around $ 300 CAD -$ 500 CAD, legal fees, generally ranging from $ 500 CAD -$ 1000 CAD, and a mortgage default insurance if your down payment is less than 20%. Also consider appraisal fees, which could be about $ 300 CAD -$ 500 CAD, and possible mortgage application fees.

How does the Guelph property market compare to ther regions in the Canada?

The property market in Guelph, with an average house price of approximately $ 780,000 CAD , offers more affordable options compared to Toronto, where the average is about $ 1,025,000 CAD , but remains higher than in Winnipeg, which averages around $ 347,000 CAD . This places Guelph as a mid-range option amongst Canadian cities, bridging the gap between more expensive markets like Toronto and more affordable ones like Winnipeg.

How competitive is the Guelph property market?

The property market in Guelph is highly competitive, with a notable increase in demand. As of February 2023, the average sale price for homes reached approximately $ 888,769 CAD , showcasing a significant rise. The city's proximity to Toronto, combined with its lower prices compared to the GTA, amplifies its attractiveness to buyers, causing properties to sell quickly often with multiple offers. For more details visit guelph.ca.

516 Property for sale in Guelph listings are price checked

Listings from centris.ca, duproprio.com and 10 more

7304 WELLINGTON Road Guelph/Eramosa, Ontario

381 CUMMINGS CRES Centre Wellington, Ontario

241 FARLEY RD Centre Wellington, Ontario

299 METCALFE Street Guelph, Ontario

57 CHARTWELL Crescent Guelph, Ontario

90 HILLDALE CRES Guelph, Ontario

38 ARTHUR Street N Guelph, Ontario

5 WILD ROSE Court Guelph, Ontario

221 GOODWIN DRIVE Guelph, Ontario

30 LINCOLN Crescent Guelph, Ontario

904 PAISLEY Road Unit# 104 Guelph, Ontario

36 JEFFERY Drive Guelph, Ontario

36 JEFFREY DR Guelph, Ontario

7830 STONE Road E Guelph/Eramosa, Ontario

Attention Guelph Investors! Investment Properties at Discounts!

40 MACALISTER Boulevard Guelph, Ontario

5777 THIRD Line Guelph/Eramosa, Ontario

7680 EIGHTH LINE Line Guelph, Ontario

22 LIVERPOOL Street Guelph, Ontario

46 BEECHLAWN Boulevard Guelph, Ontario

319 COLE Road Guelph, Ontario

394 VICTORIA Road N Guelph, Ontario

#54 -166 DEERPATH DR Guelph, Ontario

#73 -88 DECORSO DR Guelph, Ontario

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