Loading neighbourhood intel…

$395K · 2 bed Common Element Condo · Grange Road, Guelph | MyPropertyScout

$395,000

108 SUMMIT RIDGE Drive

21 DOM

2321d

Map

DOM 21

$395,000

DOM21days

108 SUMMIT RIDGE Drive

Guelph · Ontario N1E 0P8

MLS® X13421924 · Grange Road · N1E 0P8

23TenantOccupied800-899 ft²Common Element Condo9-car None21d$465/ft²$3,022 tax/yr

21 days on market

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 2…

Reserved · coming next

MyPropertyScout exclusive

Reserve your Home Buyers Package

Could save you thousands on this purchase — closing strategy, negotiation & rebate.

MyStreetValue™ Analysis

This property doesn’t fit our automated model — unusual layout, wrong area match, or incomplete listing data. A Realtor can price it properly. Connect with a Realtor →

Property details

MLS#: X13421924
Status: Buy Now
Beds: 2
Baths: 3 full, 0 half
Size: 800-899
Style: Apartment
Type: Common Element Condo
Year built: —

Condo corp #: 251
Balcony: Enclosed
Locker: Owned
Association amenities: Elevator, Game Room, Party Room/Meeting Room, Visitor Parking, Playground
Fees include: Parking Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 9-car None
Garage spaces: 9
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: EASTVIEW RD/SUMMIT RIDGE
Basement: None
Stories: 2
Utilities: —
Laundry: Ensuite
Interior: Built-In Oven, Carpet Free, Water Softener
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Flat	Kitchen	6.34m × 3.98m
Flat	Family Room	6.34m × 3.98m
Flat	Primary Bedroom	3.45m × 3.68m
Flat	Bedroom	2.89m × 3.35m
Flat	Bathroom	—
Flat	Bathroom	—

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX WEST REALTY INC.

Source: TRREB/PROPTX · MLS® X13421924

Do you own a home in Guelph?

Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.

Get My StreetValue™ →

$395K

108 SUMMIT RIDGE Drive · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $395,000✓ $3,022 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,749/mo

incl. closing costs (yr 1)

Annual total

$44,982

year 1

Mortgage only

$1,499/mo

principal + interest

Beyond mortgage

$1,425/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$79,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$252/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$3,950/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$35/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,400

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $17,982/yr

Property taxes16% $7,422/yr

Utilities9% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $3,950/yr

Condo fees11% $4,968/yr

Closing costs11% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$17,982	$1,499/mo
Government & taxes
Property tax	$3,022	$252/mo
Land transfer tax(closing)	$4,400	$367/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,950	$329/mo
Condo fees
Condo / HOA fees	$4,968	$414/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$44,982	$3,749/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

Unlock Insider Deals

Sign in

108 SUMMIT RIDGE Drive

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

Request a Showing

Request a Showing

Annual costs